EDF TRADING MARKETS LIMITED
Company Information
- Company Number
- 04255974
- Registered Address
- 80 Victoria Street, Cardinal Place 3rd Floor, London, SW1E 5JL
- Status
- Active
- Employee Count
- 59
- Turnover
- £207,907,000
- EBITDA
- £133,266,000
Additional Details
- Website
- https://edftrading.com
- Company Type
- Private limited Company
- Incorporated On
- 20 July 2001
- Nature of Business
- 46120 - Agents involved in the sale of fuels, ores, metals and industrial chemicals
- Industries
- Supply Chain
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jan 2021 - 30 Jun 2021 | 08 Dec 2021 | 19 | 89% | 9% | 2% | 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
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
Payment statistics above include invoices with errors and include time to resolve queries. All disputes are followed up directly with the vendor by Accounts Payable or the contract Manager (depending which is more appropriate for the situation). Follow up takes place as soon as possible once the issue has been identified. Payment statistics above exclude all energy trading related 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.
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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?
❌
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
EDF TRADING MARKETS LIMITED is a leading energy trading company based in London, United Kingdom. The company is a subsidiary of EDF Group, one of the largest electricity producers in the world.
As a key player in the energy market, EDF TRADING MARKETS LIMITED engages in a variety of activities such as trading, hedging, and optimizing energy assets. The company provides a range of services including trading in power, gas, coal, and environmental products, as well as providing risk management solutions to its clients.
EDF TRADING MARKETS LIMITED is committed to sustainability and has a strong sustainability program in place. The company has set ambitious targets to reduce its carbon footprint and increase the use of renewable energy sources. It also supports renewable energy projects and invests in innovative technologies to promote sustainable energy solutions.
The company's key people include CEO John Rittenhouse, who has over 30 years of experience in the energy industry, and CFO Andrew Darke, who has a background in finance and risk management.
EDF TRADING MARKETS LIMITED can be contacted through their website at www.edftrading.com or at their registered office address at Cardinal Place, 80 Victoria Street, London SW1E 5JL, United Kingdom.
