SOUTH EASTERN POWER NETWORKS PLC
Company Information
- Company Number
- 03043097
- Registered Address
- Newington House, 237 Southwark Bridge Road, London, SE1 6NP
- Status
- Active
- Employee Count
- 0
- Turnover
- £581,600,000
- EBITDA
- £367,300,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 7 April 1995
- Nature of Business
- 35130 - Distribution of electricity
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 |
|---|---|---|---|---|---|---|
| 01 Apr 2025 - 30 Sept 2025 | 26 Oct 2025 | 5 | 100% | 0% | 0% | 1% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 5 | 100% | 0% | 0% | 0% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 7 | 100% | 0% | 0% | 0% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 15 | 89% | 7% | 4% | 0% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 8 | 100% | 0% | 0% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 7 | 100% | 0% | 0% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 7 | 100% | 0% | 0% | 0% |
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
Standard contractual terms for goods and services are 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
30
Dispute Resolution Process
All POs contain contact details of the PO creator and contact details for Accounts Payable for invoice enquiries. Suppliers can either call the PO creator to enquire about the ordered goods or services or call Accounts Payable to enquire about payment of invoices.
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.
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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.
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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
SOUTH EASTERN POWER NETWORKS PLC is a UK-based electricity distribution company that serves over 8 million customers in the South East of England, including London, Kent, Surrey, Sussex, and parts of Hampshire. They are responsible for maintaining and upgrading the electricity network in their region, ensuring reliable and safe supply to their customers.
The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. This includes investing in renewable energy sources, promoting energy efficiency, and reducing their carbon footprint. They also have a Sustainable Business Strategy, which outlines their goals and actions for achieving a more sustainable future.
In terms of products and services, SOUTH EASTERN POWER NETWORKS PLC offers a range of solutions to meet the changing needs of their customers. This includes smart metering, electric vehicle charging, and support for renewable energy installations. They also have a priority services register for vulnerable customers and offer advice on energy efficiency and cost-saving measures.
The key people at SOUTH EASTERN POWER NETWORKS PLC include their CEO, Stewart Reid, and their Board of Directors, who oversee the company's operations and strategic direction. They also have a team of dedicated employees who work tirelessly to ensure the smooth running of the electricity network and provide excellent customer service.
For more information on SOUTH EASTERN POWER NETWORKS PLC and their services, customers can visit their website at www.ukpowernetworks.co.uk. The company's registered office address is 237 Southwark Bridge Road, London, SE1 6NP. Overall, SOUTH EASTERN POWER NETWORKS PLC is committed to providing reliable and sustainable electricity services to their customers while also working towards a greener future.
