HARVEST ENERGY LIMITED

PaymentCheck Score 2022
92Excellent
1.6vs last year
#673 in UK
#61 in Property
#99 in South East

Company Information

Company Number
02999020
Registered Address
Harvest House Horizon Business Village, 1 Brooklands Road, Weybridge, Surrey, United Kingdom, KT13 0TJ
Status
Active
Employee Count
0
Turnover
£1,520,038,000
EBITDA
£5,237,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 December 1994
Nature of Business
46711 - Wholesale of petroleum and petroleum products
Industries
Property,Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
19 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
90%
31-60 Days
7%
After 60 Days
3%
Not Paid Within Terms10%

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: 2022-03-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2021 - 28 Feb 202231 Mar 20221990%7%3%10%
01 Mar 2021 - 31 Aug 202130 Sept 20211792%6%2%8%
01 Sept 2020 - 28 Feb 202130 Mar 20211693%6%1%7%
01 Mar 2020 - 31 Aug 202013 Jan 20211594%5%1%6%

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

30 days form invoice date

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

30

Dispute Resolution Process

We aim to validate all invoices received within a reasonable time period with queries being referred to the supplier for corrections

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

HARVEST ENERGY LIMITED is a UK-based energy company that focuses on sustainability and providing high-quality products and services. Their sustainability program includes implementing renewable energy sources, reducing carbon emissions, and promoting environmental stewardship.

The company offers a range of products and services, including fuel supply, fuel cards, and lubricants for vehicles. They also provide energy solutions for businesses, such as solar panels and energy monitoring systems.

The key people at HARVEST ENERGY LIMITED include the managing director, Richard Vosser, and the operations director, Ian Wood. Both have extensive experience in the energy industry and are committed to driving the company's sustainability efforts.

The company's website, www.harvestenergy.co.uk, provides information on their products and services, as well as their sustainability program. Their registered office address is Harvest Energy Limited, 9 Wimborne Road, Poole, Dorset, BH15 2BU.

In summary, HARVEST ENERGY LIMITED is a leading energy company in the UK that prioritizes sustainability and offers a range of high-quality products and services. With a strong team of experienced leaders, the company is dedicated to promoting environmental responsibility and providing innovative energy solutions.

Financial Metrics

Cash
£4,941,417
Net Worth
£15,195,401
Total Current Assets
£55,362,651
Total Current Liabilities
£40,179,666

Company Location