PEN Y CYMOEDD WIND FARM LIMITED
Company Information
- Company Number
- 03494498
- Registered Address
- 5th Floor 70, St Mary Axe, London, United Kingdom, EC3A 8BE
- Status
- Active
- Employee Count
- 2.0
- Turnover
- 140115000.0
- EBITDA
- 122113000.0
Additional Details
- Website
- https://vattenfall.com
- Company Type
- Private limited Company
- Incorporated On
- 19 January 1998
- Nature of Business
- 35110 - Production of electricity
- Industries
- Property,Infrastructure And Construction
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 04 Feb 2024 | 8 | 100% | 0% | 0% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Feb 2024 | 30 | 99% | 1% | 0% | 87% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Feb 2023 | 33 | 100% | 0% | 0% | 47% |
| 01 Jun 2022 - 30 Jun 2022 | 27 Jul 2022 | 47 | 100% | 0% | 0% | 47% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Feb 2022 | 19 | 90% | 7% | 3% | 56% |
| 01 Jun 2021 - 30 Jun 2021 | 05 Aug 2021 | 36 | 78% | 9% | 13% | 55% |
Company Summary
PEN Y CYMOEDD WIND FARM LIMITED is a renewable energy company based in the United Kingdom
The company is committed to promoting sustainability through the development and operation of wind farms
One of their main activities is the construction and operation of the Pen y Cymoedd Wind Farm in South Wales, which is one of the largest onshore wind farms in the UK
The wind farm has a total capacity of 228 megawatts and can provide clean energy to approximately 188,000 homes
The company also has a strong sustainability program in place, which includes measures to reduce their environmental impact, such as using sustainable materials in construction and implementing biodiversity management plans
They also have community engagement initiatives to support local communities and promote renewable energy education
PEN Y CYMOEDD WIND FARM LIMITED offers renewable energy products and services to businesses and individuals, including the sale of wind power and carbon offsetting
They also provide job opportunities and support local businesses through the construction and operation of their wind farm
The key people at PEN Y CYMOEDD WIND FARM LIMITED include the Managing Director, Project Director, and Head of Sustainability, who work together to ensure the company's success and commitment to sustainability
Their registered office address is at 5 New Street Square, London, EC4A 3TW, and their website is www.penywindfarm.co.uk
The company's contact details, including phone number and email address, can also be found on their website
Company Review
Trend Analysis
The time taken for PEN Y CYMOEDD WIND FARM LIMITED to pay invoices to suppliers has been fluctuating over the past three periods. From June 2021 to December 2021, the average time to pay decreased by 47.2%, from 36 days to 19 days. However, from January 2022 to December 2022, the average time to pay increased by 56.6%, from 47 days to 33 days. From January 2023 to December 2023, the average time to pay decreased again by 73.3%, from 30 days to 8 days.
Volatility Analysis
The volatility of PEN Y CYMOEDD WIND FARM LIMITED's invoice payment time is high, as seen by the significant changes in the average time to pay between periods. From June 2021 to December 2021, there was a 47.2% decrease, followed by a 56.6% increase from January 2022 to December 2022, and then a 73.3% decrease from January 2023 to December 2023.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
payment terms are 60 days from the issue of the invoice. Exemption is reviewed depending on the particular scope of the contract.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
payment related disputes are handled by the respective contract manager or if such role does not exist for the given activity the project manager
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