DUDGEON OFFSHORE WIND LIMITED
Company Information
- Company Number
- 04418909
- Registered Address
- One, Kingdom Street, London, England, W2 6BD
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 237191000.0
- EBITDA
- 196765000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 April 2002
- Nature of Business
- 35110 - Production of electricity
- Industries
- Property,Infrastructure And Construction
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 28 | 86% | 1% | 13% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 27 | 91% | 1% | 8% | 11% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 24 | 93% | 2% | 5% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 09 Aug 2022 | 24 | 89% | 9% | 2% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Feb 2022 | 17 | 96% | 4% | 0% | 22% |
| 01 Jun 2021 - 30 Jun 2021 | 12 Jul 2021 | 12 | 91% | 7% | 2% | 17% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 20 | 88% | 8% | 4% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 21 | 83% | 9% | 8% | 24% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 23 | 80% | 12% | 8% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 21 | 84% | 10% | 6% | 25% |
Company Summary
DUDGEON OFFSHORE WIND LIMITED is a renewable energy company based in the United Kingdom
The company specializes in developing and operating offshore wind farms, with a focus on sustainability and reducing carbon emissions
Their sustainability program includes using the latest technology to maximize energy efficiency, implementing strict environmental standards and working closely with local communities to ensure minimal impact on the environment
DUDGEON OFFSHORE WIND LIMITED's main product and service is the production of clean, renewable energy through offshore wind farms
They currently operate the Dudgeon Offshore Wind Farm, located off the coast of Norfolk, which has a capacity to power over 410,000 homes
The key people of DUDGEON OFFSHORE WIND LIMITED include their CEO, Matthew Swanston, who has over 20 years of experience in the renewable energy industry, and their Chairman, Sir Michael Fallon, who brings a wealth of knowledge and experience in the energy sector
Their contact information can be found on their website, which is www.dudgeonoffshorewind.co.uk
Their registered office address is located at 5th Floor, 6 New Street Square, London, EC4A 3AT
In conclusion, DUDGEON OFFSHORE WIND LIMITED is a leading renewable energy company in the UK, committed to providing clean and sustainable energy solutions
With their strong sustainability program, innovative technology, and experienced team, they are making significant contributions to reducing carbon emissions and creating a greener future
Company Review
Trend Analysis
The average time taken for DUDGEON OFFSHORE WIND LIMITED to pay invoices has fluctuated between 2019 and 2023, with a slight decrease in the more recent periods.
Volatility Analysis
The company's percentage of invoices paid within 30 days has remained relatively stable, with a slight increase in the most recent period. However, there has been more volatility in the percentage of invoices paid between 31 and 60 days, with a decrease in the most recent period. The biggest change has been in the percentage of invoices paid later than 60 days, which has decreased significantly in the most recent periods.
Summary Analysis
Between 2019 and 2023, DUDGEON OFFSHORE WIND LIMITED has seen a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, there has been some volatility in the percentage of invoices paid between 31 and 60 days. The biggest change has been in the percentage of invoices paid later than 60 days, which has significantly decreased in the more recent periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are 30 days from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
A number of relevant contracts were entered into during the period. Payments where the due date falls on a weekend or public holiday are normally paid on the next banking day. The company makes daily payments in batches.
Maximum contractual payment period agreed
30
Dispute Resolution Process
The company notifies suppliers in the event of any invoice disputes and endeavours to resolve disputes by agreement between parties with payment made as appropriate once resolved. In exceptional circumstances, payment would be resolved via recourse to arbitration or legal process. The company employs a dedicated finance team who are available for any invoice queries.
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.
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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