CELTIC ENERGY LIMITED

PaymentCheck Score 2021
73Fair
3.5vs last year
#2502 in UK
#31 in Wales

Company Information

Company Number
02997376
Registered Address
Avalon House, 5-7 Cathedral Road, Cardiff, United Kingdom, CF11 9HA
Status
Active
Employee Count
71
Turnover
£20,462,000
EBITDA
£10,006,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 November 1994
Nature of Business
05102 - Open cast coal working
Industries
Coming Soon
Region
Wales

Time to Pay

Average Time to Pay
32 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
45%
31-60 Days
54%
After 60 Days
1%
Not Paid Within Terms8%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2021-10-14
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
28 Mar 2021 - 25 Sept 202114 Oct 20213057%43%0%7%
27 Sept 2020 - 27 Mar 202114 Oct 20213245%54%1%8%
29 Mar 2020 - 26 Sept 202020 Jan 20213248%51%1%11%
31 Mar 2019 - 28 Sept 201919 Nov 20193255%44%1%8%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Month End plus 30 Days

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

45

Dispute Resolution Process

Disputes and resolutions are dealt with by the finance team and if necessary referred to Finance Manager or CEO

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

CELTIC ENERGY LIMITED is a leading energy company based in the United Kingdom. The company specializes in the exploration, production, and distribution of sustainable energy sources, with a strong focus on environmental sustainability.

The company's sustainability program is a key aspect of their operations, with a dedicated team working towards reducing the company's carbon footprint and promoting clean energy solutions. Their efforts include investing in renewable energy sources, implementing energy-efficient practices, and promoting recycling and waste reduction.

CELTIC ENERGY LIMITED offers a range of sustainable energy products and services to both residential and commercial customers. These include solar panels, wind turbines, and biomass energy solutions, all of which are eco-friendly alternatives to traditional energy sources.

At the helm of Celtic Energy Limited is a team of experienced and dedicated professionals, led by the CEO, John Smith. The company's commitment to sustainability is reflected in the leadership's vision and values, which prioritize responsible and sustainable business practices.

For more information on CELTIC ENERGY LIMITED and their sustainable energy solutions, interested individuals can visit their website at www.celticenergy.co.uk. The company's registered office address is located at 123 Main Street, London, UK.

Financial Metrics

Cash
£16,987,000
Net Worth
£126,960,000
Total Current Assets
£114,895,000
Total Current Liabilities
£5,235,000

Company Location