Industry ranking
Score of 87.3/100 qualifies for PaymentCheck Certification
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.
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.
| 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 2024 - 31 Dec 2024 | 11 Feb 2025 | 35 | 100% | 0% | 0% | 73% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Aug 2024 | 22 | 100% | 0% | 0% | 0% |
| 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% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are 30 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 information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Payment related disputes are handled by the respective Contract Manager or if such role does not exist for the given activity the Project Manager
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Pen Y Cymoedd Wind Farm Limited is a UK registered company whose stated business, per Companies House, is the production of electricity, classified under renewable energy. It is linked to Vattenfall, the European energy group that generates electricity and heat from wind, hydro, nuclear and solar power. This entity appears to be the corporate vehicle associated with the Pen y Cymoedd wind farm project in Wales, forming part of Vattenfall's wider renewable generation portfolio rather than an independent trading business. Its registered office is in London. The company remains active, having been incorporated in January 1998, and operates within the broader group's push towards fossil-free electricity generation.
Generated from the company's website and Companies House records. Sources: vattenfall.com