TRITON KNOLL OFFSHORE WIND FARM LIMITED

PaymentCheck Score 2025
81Good
6.4vs last year
#1671 in UK
#147 in Property
#92 in South West

Company Information

Company Number
03696654
Registered Address
Windmill Hill Business Park, Whitehill Way, Swindon, Wiltshire, United Kingdom, SN5 6PB
Status
Active
Employee Count
0
Turnover
£407,512,000
EBITDA
£248,472,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 January 1999
Nature of Business
35110 - Production of electricity
Industries
Property,Infrastructure And Construction
Region
South West

Time to Pay

Average Time to Pay
27 days
Shortest Period:1 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
88%
31-60 Days
10%
After 60 Days
2%
Not Paid Within Terms12%

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: 2025-01-28
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 202530 Jul 20253179%11%10%18%
01 Jan 2024 - 30 Jun 202423 Jul 20242687%9%4%15%
01 Jul 2023 - 31 Dec 202324 Jan 20241688%11%1%14%
01 Jan 2023 - 30 Jun 202324 Jul 20232283%15%2%15%

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

Standard payment terms for projects is 30 days from receipt of a valid invoice and 60 days for all other business areas. Variations are agreed for individual circumstances

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

60

Dispute Resolution Process

Invoices that cannot be validated are queried out to the business using an integrated workflow solution which is constantly monitored to ensure responses are received in the required timescales. Vendors contact a Shared Service Centre Help desk with any queries. A ticketing solution is used to monitor queries where the answer is not provided instantly.

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

TRITON KNOLL OFFSHORE WIND FARM LIMITED is a renewable energy company that specializes in offshore wind power. They are committed to sustainability and have a strong focus on environmental responsibility.

The company's main activity is the development, construction, and operation of the Triton Knoll Offshore Wind Farm, located off the coast of Lincolnshire in the UK. With 90 turbines, the wind farm has a capacity of 857 megawatts, which is enough to power over 800,000 homes.

As part of their sustainability program, TRITON KNOLL OFFSHORE WIND FARM LIMITED has implemented various initiatives to minimize their impact on the environment. This includes using eco-friendly materials in their construction and operations, reducing carbon emissions, and protecting marine life in the area.

In addition to their wind farm, the company also offers services in the field of renewable energy, such as consultancy and project management. They work closely with their clients to provide sustainable solutions for their energy needs.

The key people at TRITON KNOLL OFFSHORE WIND FARM LIMITED include their CEO, Ryan Smith, and their Chairman, Thomas Thune Andersen. They have a team of experienced professionals who are dedicated to driving the company's mission of sustainable energy.

For more information about TRITON KNOLL OFFSHORE WIND FARM LIMITED and their services, you can visit their website at https://www.tritonknoll.co.uk/. Their registered office address is at 5 Howick Place, London, SW1P 1WG, United Kingdom.

Financial Metrics

Cash
£75,602,000
Net Worth
£95,968,000
Total Current Assets
£395,451,000
Total Current Liabilities
£756,347,000

Company Location