RWE RENEWABLES UK ONSHORE WIND LIMITED
Company Information
- Company Number
- 03758407
- Registered Address
- Windmill Hill Business Park, Whitehill Way, Swindon, Wiltshire, England, SN5 6PB
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 35747000.0
- EBITDA
- 22307000.0
Additional Details
- Website
- https://eon.com
- Company Type
- Private limited Company
- Incorporated On
- 23 April 1999
- Nature of Business
- 35110 - Production of electricity
- Industries
- Property,Infrastructure And Construction
- Region
- South West
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 31 | 73% | 16% | 11% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 29 | 74% | 16% | 10% | 11% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 33 | 69% | 20% | 11% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 43 | 41% | 37% | 22% | 40% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 41 | 52% | 26% | 22% | 37% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 47 | 39% | 34% | 27% | 47% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 47 | 42% | 25% | 34% | 47% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 66 | 25% | 29% | 45% | 64% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 56 | 27% | 32% | 41% | 52% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 58 | 29% | 30% | 41% | 53% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 58 | 26% | 38% | 36% | 50% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 50 | 34% | 34% | 32% | 58% |
Company Summary
RWE RENEWABLES UK ONSHORE WIND LIMITED is a leading renewable energy company based in the United Kingdom
The company is committed to providing sustainable and clean energy solutions to meet the increasing demand for renewable energy
The company's sustainability program focuses on reducing its carbon footprint and promoting renewable energy sources
They have invested in wind farms across the UK, with a total installed capacity of over 1,600 megawatts
This has led to a significant reduction in carbon emissions and has helped in the transition towards a low-carbon future
RWE RENEWABLES UK ONSHORE WIND LIMITED offers a range of products and services, including wind energy, biomass, and hydro power
They also provide consultancy services for renewable energy projects and have a dedicated team of experts who work towards developing innovative and sustainable solutions
Key people in the company include the CEO, Tom Glover, who has over 20 years of experience in the energy industry, and the Head of Renewable Energy, Paul Cowling, who has over 30 years of experience in the renewable energy sector
To contact RWE RENEWABLES UK ONSHORE WIND LIMITED, individuals can visit their website at www.rwe.com or contact their registered office at RWE Trading Services GmbH, London Branch, 35 Great St
Helen's, London, EC3A 6AP
In conclusion, RWE RENEWABLES UK ONSHORE WIND LIMITED is a leading renewable energy company in the UK, with a strong focus on sustainability and providing clean energy solutions
Their commitment to reducing carbon emissions and promoting renewable energy makes them a key player in the transition towards a greener future
Company Review
Trend Analysis
The average time taken for RWE RENEWABLES UK ONSHORE WIND LIMITED to pay invoices has fluctuated between 2018 and 2023, with a peak in 2020 and a decrease in 2023. The percentage of invoices paid within 30 days has also fluctuated, with a peak in 2022 and a decrease in 2023. The percentage of invoices paid between 31 and 60 days has remained relatively stable, with a slight decrease in 2023. The percentage of invoices paid later than 60 days has fluctuated, with a peak in 2020 and a decrease in 2023. The percentage of invoices not paid within agreed terms has also fluctuated, with a peak in 2020 and a decrease in 2023.
Volatility Analysis
The volatility in the average time taken to pay invoices for RWE RENEWABLES UK ONSHORE WIND LIMITED can be seen in the fluctuation of the percentages of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. This indicates that the company has had periods of both timely and delayed invoice payments. The volatility in the percentage of invoices not paid within agreed terms also reflects this, with peaks in 2020 and 2022 and a decrease in 2023.
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 two standard payment terms; 30 days net and 45 days end of month net, due on 5th of following month; all from invoice entry date
Were there any changes to the standard payment terms in the reporting period?
Yes – We no longer have discounts for early payments
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
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.
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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
