UK POWER NETWORKS (OPERATIONS) LIMITED
Company Information
- Company Number
- 03870728
- Registered Address
- Newington House, 237 Southwark Bridge Road, London, SE1 6NP
- Status
- Active
- Employee Count
- 4,925
- Turnover
- £1,131,500,000
- EBITDA
- £1,500,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 3 November 1999
- Nature of Business
- 35130 - Distribution of electricity
- Industries
- Property,Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Apr 2025 - 30 Sept 2025 | 26 Oct 2025 | 19 | 95% | 4% | 1% | 5% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 19 | 96% | 3% | 1% | 8% |
| 01 Oct 2023 - 31 Mar 2024 | 26 Apr 2024 | 18 | 96% | 4% | 1% | 4% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 20 | 96% | 4% | 1% | 4% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 17 | 99% | 1% | 0% | 5% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 18 | 98% | 2% | 0% | 5% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 19 | 98% | 2% | 0% | 5% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 13 | 97% | 3% | 0% | 11% |
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 contractual terms for goods and services are 30 days.
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
All POs contain contact details of the PO creator and contact details for Accounts Payable for invoice enquiries. Suppliers can either call the PO creator to enquire about the ordered goods or services or call Accounts Payable to enquire about payment of invoices.
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
UK Power Networks (Operations) Limited is a leading electricity distribution company in the United Kingdom. They are responsible for delivering electricity to over 18 million customers in London, the South East, and East of England.
The company is committed to sustainability and has a strong focus on reducing its carbon footprint. They have implemented various initiatives such as using renewable energy sources, investing in electric vehicles, and promoting energy efficiency to their customers.
UK Power Networks (Operations) Limited offers a range of products and services to their customers, including electricity supply, connection and disconnection services, and maintenance and repair of the electricity network. They also offer support for customers who require special assistance, such as those with medical needs or disabilities.
The key people at UK Power Networks (Operations) Limited include Basil Scarsella, the CEO, and Neil Kirkby, the Director of Operations. They lead a team of dedicated employees who work tirelessly to ensure the smooth and reliable delivery of electricity to their customers.
For more information on their services, customers can visit the company's website at www.ukpowernetworks.co.uk. The registered office address for UK Power Networks (Operations) Limited is 237 Southwark Bridge Road, London, SE1 6NP.
In summary, UK Power Networks (Operations) Limited is a sustainable and customer-focused electricity distribution company in the UK. They provide essential services to millions of customers and are committed to reducing their environmental impact. With a dedicated team and a range of services, they continue to be a leader in the industry.
