| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 28 Mar 2021 - 25 Sept 2021 | 14 Oct 2021 | 30 | 57% | 43% | 0% | 7% |
| 27 Sept 2020 - 27 Mar 2021 | 14 Oct 2021 | 32 | 45% | 54% | 1% | 8% |
| 29 Mar 2020 - 26 Sept 2020 | 20 Jan 2021 | 32 | 48% | 51% | 1% | 11% |
| 29 Sept 2019 - 28 Mar 2020 | 21 Apr 2020 | 29 | 64% | 36% | 0% | 9% |
| 31 Mar 2019 - 28 Sept 2019 | 19 Nov 2019 | 32 | 55% | 44% | 1% | 8% |
| 30 Sept 2018 - 30 Mar 2019 | 16 Apr 2019 | 31 | 58% | 41% | 1% | 28% |
This information is as reported by the business, and responses are in their own words.
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
Disputes and resolutions are dealt with by the finance team and if necessary referred to Finance Manager or CEO
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
Celtic Energy Limited is a Cardiff-registered company operating within the coal mining sector, with its registered business activity classified as open cast coal working. It was originally incorporated in 1994 as South Wales Regional Coal Company Limited before adopting its current name shortly afterwards. The company remains an active private limited company registered in Wales. Companies House records show a long history of officer appointments and resignations dating back to incorporation. No further detail on current operational scale, sites worked, or trading activity is available from the supplied evidence, so this summary is limited to the company's stated business classification and registration history.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk