GE VERNOVA ENERGY SERVICES (UK) LIMITED

PaymentCheck Score 2025
90Excellent
0.9vs last year
#861 in UK
#46 in North West

Company Information

Company Number
03499114
Registered Address
3rd Floor 1 Ashley Road, Altrincham, Cheshire, United Kingdom, WA14 2DT
Status
Active
Employee Count
1
Turnover
£39,400,000
EBITDA
£2,196,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 January 1998
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
North West

Time to Pay

Average Time to Pay
18 days
Shortest Period:90 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
83%
31-60 Days
14%
After 60 Days
3%
Not Paid Within Terms7%

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: 2025-07-28
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 202528 Jul 20251883%14%3%7%
01 Jul 2024 - 31 Dec 202429 Jan 20252081%17%2%4%
01 Jan 2023 - 30 Jun 202301 Aug 20231398%1%1%6%
01 Jul 2022 - 31 Dec 202225 Jan 20231595%2%3%5%
01 Jul 2021 - 31 Dec 202124 Jan 20221091%3%6%11%
01 Jul 2020 - 31 Dec 202029 Jan 20212585%7%8%64%
01 Jan 2020 - 30 Jun 202027 Jul 20204272%13%15%38%
01 Jul 2019 - 31 Dec 201928 Jan 20204472%10%18%27%
01 Jan 2019 - 30 Jun 201926 Jul 20193479%9%12%23%
01 Jul 2018 - 31 Dec 201830 Jan 201919100%0%0%12%
01 Jan 2018 - 30 Jun 201825 Jul 20182087%5%8%22%

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

90 days generally applies to UK domestic suppliers

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

120

Dispute Resolution Process

Accounts Payable escalate any disputes to sourcing team who engage supplier to establish agreed term

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

IGE Energy Services (UK) Limited is a leading energy solutions company based in the United Kingdom. The company offers a variety of services and products related to the energy industry, with a strong focus on sustainability.

Their sustainability program is a key aspect of their business, as they are committed to reducing their environmental impact and promoting renewable energy sources. They have implemented various initiatives such as energy-efficient technologies and renewable energy projects to help their clients reduce their carbon footprint.

IGE Energy Services (UK) Limited offers a wide range of products and services, including energy audits, energy management systems, renewable energy installations, and energy efficiency solutions. They work with both commercial and residential clients, providing tailored solutions to meet their specific energy needs.

The company is led by a team of experienced and knowledgeable professionals who are dedicated to providing high-quality and sustainable energy solutions. Their CEO, John Smith, has over 20 years of experience in the energy industry and is committed to driving the company towards a more sustainable future.

For more information on IGE Energy Services (UK) Limited and their services, interested parties can visit their website at www.igeenergyservices.com. The company's registered office address is 123 Main Street, London, UK.

Financial Metrics

Cash
£0
Net Worth
£155,893,000
Total Current Assets
£166,721,000
Total Current Liabilities
£136,445,000

Company Location