Score of 90.7/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 17 | 91% | 6% | 3% | 23% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 20 | 87% | 8% | 5% | 22% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 24 | 85% | 7% | 8% | 19% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 23 | 80% | 13% | 7% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Jul 2023 | 22 | 66% | 19% | 15% | 11% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 32 | 56% | 31% | 13% | 26% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 41 | 42% | 38% | 20% | 25% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 33 | 58% | 27% | 15% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Aug 2021 | 40 | 44% | 30% | 26% | 41% |
This information is as reported by the business, and responses are in their own words.
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
Disputed items are escalated to appropriate business management as necessary.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
RWE Renewables UK Limited is registered as a holding company (SIC 64209) within the RWE group and is based in Swindon. Its registered address is used as the correspondence address for Triton Knoll, an offshore wind farm off the Lincolnshire coast in which RWE holds a 59 percent stake alongside partners J-Power and Kansai Electric Power. Evidence shows RWE is responsible for operating and maintaining the Triton Knoll wind farm from a dedicated facility in Grimsby, following completion of onshore and offshore construction between 2018 and 2022. As a group holding entity, this company represents RWE's UK renewables interests rather than directly undertaking construction or operations itself, which are carried out by the wider RWE group and associated project companies.
Generated from the company's website and Companies House records. Sources: tritonknoll.co.uk · tritonknoll.co.uk