SOLAR CENTURY HOLDINGS LIMITED
Company Information
- Company Number
- 03570325
- Registered Address
- 19th Floor 22 Bishopsgate, London, England, EC2N 4BQ
- Status
- Active
- Employee Count
- 85
- Turnover
- £1,329,000
- EBITDA
- £191,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 May 1998
- Nature of Business
- 43999 - Other specialised construction activities not elsewhere classified
- Industries
- Energy, Supply Chain, Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for SOLAR CENTURY HOLDINGS LIMITED to pay invoices has been fluctuating over the past three periods, with a decrease in the most recent period.
Volatility Analysis
The percentage of invoices paid within 30 days has been increasing over the past three periods, while the percentage of invoices paid between 31 and 60 days has been decreasing. The percentage of invoices paid later than 60 days has also been decreasing, indicating a trend towards earlier payment. However, the percentage of invoices not paid within agreed terms has been increasing, indicating potential issues with meeting payment deadlines.
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 Oct 2020 - 31 Mar 2021 | 10 May 2021 | 42 | 46% | 43% | 11% | 31% |
| 01 Apr 2020 - 30 Sept 2020 | 27 Oct 2020 | 39 | 45% | 42% | 14% | 36% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Jul 2020 | 62 | 17% | 50% | 33% | 51% |
| 01 Apr 2019 - 30 Sept 2019 | 14 Oct 2019 | 57 | 13% | 65% | 22% | 40% |
| 01 Nov 2018 - 31 Mar 2019 | 14 Oct 2019 | 53 | 19% | 61% | 20% | 23% |
| 01 Apr 2018 - 30 Oct 2018 | 01 Feb 2019 | 52 | 23% | 60% | 17% | 17% |
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
30 days of the end of the month following the date of the invoice
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
90
Dispute Resolution Process
Good faith negotiations, adjudication and arbitration
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
SOLAR CENTURY HOLDINGS LIMITED is a UK-based solar energy company that specializes in the design, development, and installation of solar energy systems. Founded in 1998, the company has been at the forefront of the renewable energy industry, providing sustainable solutions for both commercial and residential clients.
The company's sustainability program is a key aspect of its operations, with a strong focus on reducing carbon emissions and promoting clean energy. SOLAR CENTURY HOLDINGS LIMITED is committed to using renewable materials and minimizing their environmental impact throughout their supply chain. This includes using only sustainably sourced materials for their solar panels and ensuring responsible waste management practices.
The company's main product is solar panels, which are available in a variety of sizes and configurations to cater to different energy needs. They also offer a range of services, including solar panel installation, maintenance, and monitoring. SOLAR CENTURY HOLDINGS LIMITED has completed numerous successful solar energy projects across Europe, Africa, and Latin America, making it a leader in the global solar energy market.
The key people at SOLAR CENTURY HOLDINGS LIMITED include the founder and CEO, Frans van den Heuvel, who has over 30 years of experience in the renewable energy industry. The company's board of directors is composed of experienced professionals with diverse backgrounds in finance, engineering, and environmental sustainability.
For more information on SOLAR CENTURY HOLDINGS LIMITED and their products and services, you can visit their website at www.solarcentury.com. The company's registered office address is 90 Union Street, London, SE1 0NW, United Kingdom. With a strong focus on sustainability and a track record of success, SOLAR CENTURY HOLDINGS LIMITED is a leading player in the renewable energy sector.
