RWE RENEWABLES UK LIMITED

PaymentCheck Score 2024
87Good
#1385 in UK
#106 in Property
#70 in South West

Company Information

Company Number
03758404
Registered Address
Windmill Hill Business Park, Whitehill Way, Swindon, Wiltshire, England, SN5 6PB
Status
Active
Employee Count
0
Turnover
£252,576,000
EBITDA
-£35,761,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 April 1999
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
South West

Time to Pay

Average Time to Pay
23 days
Shortest Period:15 days
Longest Period:81 days
Max Contractual:81 days

Payment Timeline

Within 30 Days
80%
31-60 Days
13%
After 60 Days
7%
Not Paid Within Terms11%

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: 2024-01-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20252087%8%5%22%
01 Jan 2024 - 30 Jun 202424 Jul 20242485%7%8%19%
01 Jul 2022 - 31 Dec 202226 Jan 20233256%31%13%26%
01 Jul 2021 - 31 Dec 202130 Jan 20223358%27%15%22%
01 Jan 2021 - 30 Jun 202105 Aug 20214044%30%26%41%

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

There are three standard payment terms; 45 days end of month net, due on 5th of following month; 15 days end of month less 2% discount due on 5th of following month; 15 days less 3% discount; all from invoice entry date.

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

81

Dispute Resolution Process

Disputed items are escalated to appropriate business management as necessary.

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

RWE RENEWABLES UK LIMITED is a leading renewable energy company in the United Kingdom. They are committed to promoting sustainability and reducing the reliance on fossil fuels through their innovative products and services.

The company offers a wide range of renewable energy solutions such as wind, solar, and hydro power. They have over 20 operational wind farms in the UK, generating clean energy for thousands of homes and businesses. RWE also has plans to expand their portfolio with new offshore wind projects.

Their sustainability program focuses on reducing carbon emissions and promoting biodiversity. They work closely with local communities to ensure their projects have a positive impact on the environment and the surrounding areas.

The key people at RWE RENEWABLES UK LIMITED include Tom Glover, the CEO, and Dr. Nina Skorupska, the Chairwoman. They lead a team of experts in the renewable energy industry, striving to make a positive impact on the environment.

For more information on their products and services, you can visit their website at www.rwe.com. Their registered office address is RWE Generation UK, The Pavilions, 1 Banner Lane, Coventry, CV4 9AF. RWE RENEWABLES UK LIMITED is dedicated to providing sustainable and reliable energy solutions for a cleaner future.

Financial Metrics

Cash
£6,000
Net Worth
£539,480,000
Total Current Assets
£292,224,000
Total Current Liabilities
£401,774,000

Company Location