Score of 98.3/100 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 | 16 | 98% | 1% | 1% | 2% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 16 | 97% | 2% | 1% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 17 | 95% | 3% | 2% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 13 | 98% | 2% | 0% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 12 | 98% | 1% | 1% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 13 | 97% | 2% | 1% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 13 | 97% | 2% | 1% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 16 | 94% | 3% | 3% | 11% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 14 | 95% | 4% | 1% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 12 | 98% | 1% | 1% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 14 | 95% | 4% | 1% | 12% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 15 | 96% | 3% | 1% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 13 | 96% | 3% | 1% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 14 | 96% | 3% | 1% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Opus Energy Limited standard contract payment terms are 30 days; however, different terms may be agreed with suppliers as part of contract negotiations. Payment runs are completed on a weekly basis with approved invoices falling due for payment in the preceding week included in the payment run.
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
30
On receipt of any invoice queries, Accounts Payable check whether: - •The invoice is for Opus Energy Limited •We have authorised supplier details and bank account for payment •If applicable, a Purchase Order (PO) number is quoted and matches an approved order number •If applicable, the invoice details match the approved PO for quantity, price, and description of supply •If applicable, the PO has been receipted •The invoice has not already been paid We aim to complete these checks within 5 days of invoice receipt. If invoices are received on a timely basis and no queries arise from these checks, payment will be scheduled by BACS in accordance with terms. Where queries arise, payment will be made by BACS once these queries are resolved. We aim to resolve queries within 10 days and make payment on the next scheduled BACS run. In exceptional circumstance a CHAPS payment for emergency payments can be made. Disputes should be sent to the following email address; accountspayable@opusenergy.com This email is monitored daily by Accounts Payable.
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
OPUS ENERGY LIMITED is a leading energy company in the UK that offers sustainable energy solutions to businesses. The company was founded in 2002 and is headquartered in Northampton, UK.
The primary focus of OPUS ENERGY LIMITED is to provide businesses with renewable energy options, reducing carbon emissions and promoting sustainability. They offer a range of products and services such as green energy tariffs, energy management solutions, and smart meter installation.
The company also has a strong commitment to sustainability and has implemented various initiatives to reduce their own carbon footprint. This includes investing in renewable energy sources, implementing energy-efficient practices in their offices, and encouraging employees to adopt sustainable habits.
Some key people in the company include CEO, Nikki Flanders, and COO, Guy Halfhead. They lead a team of dedicated professionals who are committed to providing excellent customer service and promoting sustainable energy practices.
For any enquiries or to learn more about their products and services, customers can contact OPUS ENERGY LIMITED through their website, www.opusenergy.com, or by visiting their registered office address at Royal Pavilion, 2 Summerhouse Road, Northampton, NN3 6BJ.
In summary, OPUS ENERGY LIMITED is a reputable energy company in the UK that offers sustainable energy solutions to businesses. They are committed to promoting sustainability and reducing carbon emissions through their products, services, and internal practices. With a strong leadership team and a focus on customer service, OPUS ENERGY LIMITED continues to be a leader in the renewable energy industry.
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