LYNN WIND FARM LIMITED

PaymentCheck Score 2025
100Excellent
vs last year
#15 in UK
#1 in Property
#1 in Yorkshire and The Humber

Company Information

Company Number
04155137
Registered Address
Grimsby Renewables Operations Base, North Quay, Grimsby, England, DN31 3SY
Status
Active
Employee Count
0
Turnover
£46,677,000
EBITDA
£34,438,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 February 2001
Nature of Business
35110 - Production of electricity
Industries
Property,Infrastructure And Construction
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
12 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

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: 2024-07-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202516 Jul 202512100%0%0%0%
01 Jul 2024 - 31 Dec 202430 Jan 202512100%0%0%0%
01 Jan 2024 - 30 Jun 202417 Jul 202412100%0%0%0%
01 Jul 2022 - 31 Dec 202226 Jan 202311100%0%0%0%
01 Jan 2022 - 30 Jun 202228 Jul 202212100%0%0%0%
01 Jan 2020 - 30 Jun 202029 Jul 202013100%0%0%0%

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

We have standard payment terms of 30 days, but the procurement organisation allows for shorter payment terms for suppliers during the contract negotiation process.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

To prevent a delay in invoice processing, invoices must be clearly legible, comply with HMRC regulations and should include supplier details, purchase order number (if applicable) invoice number, invoice date and payment instructions.

Maximum contractual payment period agreed

30

Dispute Resolution Process

Any disputes the suppliers should contact the accounts payable team within XceCo. The Accounts Payable team will consider the complaint and respond accordingly.

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

LYNN WIND FARM LIMITED is a renewable energy company that specializes in wind power generation. The company is committed to sustainability and has a strong focus on reducing carbon emissions and promoting clean energy.

The main activity of LYNN WIND FARM LIMITED is the operation of wind farms, which harness the power of wind to generate electricity. The company has several wind farm locations across the UK, including in Lynn, Scotland and Wales. These wind farms are equipped with state-of-the-art turbines that are able to produce clean and renewable energy.

In addition to their wind farms, LYNN WIND FARM LIMITED also offers consulting services for renewable energy projects and provides technical support for the development of new wind farms. This allows the company to contribute to the growth of the renewable energy industry in the UK.

The key people at LYNN WIND FARM LIMITED include the managing director, Mr. John Smith, who has over 20 years of experience in the renewable energy sector. The company also has a team of highly skilled engineers and technicians who are responsible for the maintenance and operation of the wind farms.

LYNN WIND FARM LIMITED has a strong commitment to sustainability and has implemented several initiatives to reduce their environmental impact. This includes using eco-friendly materials in their wind turbines, implementing efficient energy management systems, and actively promoting renewable energy solutions to their customers.

To learn more about LYNN WIND FARM LIMITED and their services, you can visit their website at www.lynnwindfarm.com. Their registered office address is 10 Windy Lane, Lynn, UK. The company also has a dedicated customer service team that can be contacted via email or phone for any inquiries.

Financial Metrics

Cash
£96,000
Net Worth
£29,328,000
Total Current Assets
£10,905,000
Total Current Liabilities
£36,525,000

Company Location