SSE ENERGY SUPPLY LIMITED

PaymentCheck Score 2025
90Excellent
3.5vs last year
#889 in UK
#147 in South East

Company Information

Company Number
03757502
Registered Address
No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH
Status
Active
Employee Count
951
Turnover
£3,193,600,000
EBITDA
£111,600,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 April 1999
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
South East

Time to Pay

Average Time to Pay
26 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
92%
31-60 Days
6%
After 60 Days
2%
Not Paid Within Terms9%

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: 2025-04-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202528 Oct 20252592%5%3%12%
01 Oct 2023 - 31 Mar 202425 Apr 20242889%9%2%18%
01 Apr 2023 - 30 Sept 202325 Oct 20232395%3%2%10%
01 Apr 2022 - 30 Sept 202228 Oct 20222594%4%2%10%
01 Apr 2021 - 30 Sept 202126 Oct 20212494%4%2%10%
01 Oct 2020 - 31 Mar 202127 Apr 20212495%4%1%9%
01 Apr 2019 - 30 Sept 201930 Oct 20192487%9%4%29%
01 Apr 2018 - 30 Sept 201830 Oct 20183981%12%7%45%

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

SSE's standard payment terms are Nett 30 days but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate.

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

Dispute Resolution Process

The Dispute Resolution Process is detailed within the Accounts Payable section at http://sse.com/potential-suppliers/. Alternatively suppliers can also contact the "orderer" directly using the details provided on the Purchase Order

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

SSE Energy Supply Limited is a leading energy company in the UK, providing electricity and gas to over 7 million customers. The company is committed to sustainability and has implemented various initiatives to reduce their carbon footprint and promote renewable energy sources.

Their sustainability program includes investing in renewable energy projects, reducing their own carbon emissions, and supporting local communities through various initiatives. They have also set a goal to become a net-zero carbon emissions company by 2050.

SSE Energy Supply Limited offers a range of products and services to meet the energy needs of their customers. These include fixed and variable tariffs, smart meters, and energy-saving solutions. They also provide renewable energy options such as wind and hydro power.

The key people leading SSE Energy Supply Limited include Alistair Phillips-Davies as the CEO, Martin Pibworth as the Managing Director of Retail and Andrew Young as the Director of Corporate Affairs.

Their website address is www.sse.co.uk and their registered office address is 55 Vastern Road, Reading, Berkshire, RG1 8BU. Customers can contact them through their website or by calling their customer service number at 0345 071 9710. Overall, SSE Energy Supply Limited is committed to providing sustainable energy solutions to their customers while also working towards a greener future for all.

Financial Metrics

Cash
£29,900,000
Net Worth
£254,800,000
Total Current Assets
£4,342,400,000
Total Current Liabilities
£4,043,000,000

Company Location