Score of 99.8/100 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 15 | 100% | 0% | 0% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 15 | 100% | 0% | 0% | 1% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 16 | 99% | 1% | 0% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 15 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Feb 2023 | 14 | 100% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Feb 2023 | 16 | 99% | 0% | 1% | 1% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 15 | 100% | 0% | 0% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 15 | 100% | 0% | 0% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 16 | 98% | 1% | 1% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 16 | 93% | 6% | 1% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 13 | 95% | 4% | 1% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
ENGIE Power Ltd offer 30 day payment terms. For our energy suppliers (internal group companies to ENGIE) payment is always made on the same day - electricity on the 14th and gas on the 20th of the month or nearest working day.
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
Invoice payments relating to overheads will always have a PO raised and approved which must match the invoice submitted. Any issues are raised with either the supplier for incorrect invoicing or internally should the PO need amending. The invoice will remain active to ensure timely payment of any other invoices. Alternatively, where the charges relate to energy and include meters not on ENGIE supply, the full invoice would still be paid with a credit note being requested to offset against future balances.
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
ENGIE POWER LIMITED is a leading energy company that provides sustainable solutions to businesses and individuals. The company offers a wide range of products and services, with a strong focus on sustainability.
One of the key activities of ENGIE POWER LIMITED is the production and distribution of renewable energy. The company has invested in various renewable energy sources, such as wind, solar, and hydro power, to reduce the reliance on fossil fuels and lower carbon emissions.
Moreover, ENGIE POWER LIMITED has a strong sustainability program in place to ensure that their operations are environmentally friendly and socially responsible. This includes initiatives to reduce waste, increase energy efficiency, and promote biodiversity.
The company also offers energy consulting services to businesses, helping them to reduce their energy consumption and carbon footprint. They also provide smart energy solutions, such as energy storage and electric vehicle charging, to help their customers transition to a more sustainable energy future.
The key people at ENGIE POWER LIMITED include the CEO, Isabelle Kocher, who is committed to driving the company's sustainability goals. The company also has a team of experts in renewable energy, sustainability, and energy management, who work towards achieving the company's objectives.
For more information on ENGIE POWER LIMITED and its products and services, you can visit their website at www.engiepower.co.uk. Their registered office address is at Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD, United Kingdom.