SPIRIT ENERGY PRODUCTION UK LIMITED

PaymentCheck Score 2025
90Good
2.9vs last year
#915 in UK
#66 in Property
#154 in South East

Company Information

Company Number
03115179
Registered Address
Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD
Status
Active
Employee Count
0
Turnover
£487,489,000
EBITDA
£164,335,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 October 1995
Nature of Business
06100 - Extraction of crude petroleum
Industries
Property,Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
91%
31-60 Days
8%
After 60 Days
1%
Not Paid Within Terms9%

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: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202531 Jul 20252791%8%1%9%
01 Jul 2024 - 31 Dec 202430 Jan 20252896%4%0%4%
01 Jan 2024 - 30 Jun 202430 Jul 20242796%4%0%4%
01 Jan 2022 - 30 Jun 202225 Jul 20222693%6%1%7%
01 Jul 2021 - 31 Dec 202125 Jan 20222794%5%1%8%
01 Jan 2021 - 30 Jun 202130 Jul 20213087%11%2%13%
01 Jan 2020 - 30 Jun 202029 Jul 20203463%33%4%37%
01 Jan 2019 - 30 Jun 201929 Jul 20191989%11%0%25%
01 Jul 2018 - 31 Dec 201828 Jan 20194354%29%16%25%
01 Jan 2018 - 30 Jun 201830 Jul 20184451%33%16%25%

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

We have standard payment terms of 30 days from date of receipt of invoice, but the procurement organisation allows for shorter payment terms for smaller suppliers during the contract negotiation process.

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

Any disputes the suppliers should contact their specific contact in Accounts Payable spiritenergyap@spirit-energy.com The Accounts Payable team will consider the complaint and respond accordingly.

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

SPIRIT ENERGY PRODUCTION UK LIMITED is a leading energy production company in the United Kingdom. The company is committed to producing sustainable energy while minimizing its environmental impact. They offer a range of products and services that cater to the energy needs of their customers.

The company's sustainability program is focused on reducing their carbon footprint and promoting renewable energy sources. They have implemented various initiatives such as investing in wind and solar power, promoting energy efficiency, and reducing waste and emissions. They also work closely with local communities to educate and raise awareness about sustainable energy practices.

SPIRIT ENERGY PRODUCTION UK LIMITED offers a range of energy products and services including natural gas, electricity, and renewable energy solutions. They also provide energy management services to help customers reduce their energy consumption and costs.

The key people of the company include the Managing Director, Andrew Tait, who has over 20 years of experience in the energy industry. The company also has a dedicated team of professionals who are committed to delivering high-quality and sustainable energy solutions.

The company's registered office address is 1 George Street, Edinburgh, EH2 2LL, United Kingdom. Customers can also contact the company through their website, www.spiritenergy.com, for more information about their products and services.

In conclusion, SPIRIT ENERGY PRODUCTION UK LIMITED is a leading energy production company in the UK that is dedicated to sustainability. With a wide range of products and services and a strong focus on renewable energy, the company is committed to providing sustainable and efficient energy solutions for its customers.

Financial Metrics

Cash
£1,792,000
Net Worth
£759,777,000
Total Current Assets
£224,097,000
Total Current Liabilities
£397,789,000

Company Location