ORMONDE ENERGY LIMITED
Company Information
- Company Number
- 04874027
- Registered Address
- 5th Floor 70, St Mary Axe, London, United Kingdom, EC3A 8BE
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 100397000.0
- EBITDA
- 75209000.0
Additional Details
- Website
- https://vattenfall.com
- Company Type
- Private limited Company
- Incorporated On
- 21 August 2003
- Nature of Business
- 35110 - Production of electricity
- Industries
- Property,Infrastructure And Construction
- Region
- London
Company Location
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 | 04 Feb 2024 | 10 | 97% | 3% | 0% | 22% |
| 01 Jul 2023 - 31 Dec 2023 | 04 Feb 2024 | 8 | 100% | 0% | 0% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Feb 2024 | 16 | 100% | 0% | 0% | 89% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Feb 2023 | 33 | 100% | 0% | 0% | 58% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 45 | 100% | 0% | 0% | 57% |
| 01 Jul 2021 - 31 Jul 2021 | 08 Feb 2022 | 12 | 82% | 15% | 3% | 41% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Aug 2021 | 28 | 80% | 10% | 10% | 43% |
| 01 Jul 2020 - 31 Dec 2020 | 17 Feb 2021 | 16 | 92% | 7% | 1% | 37% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Aug 2020 | 41 | 77% | 19% | 4% | 22% |
| 01 Jul 2019 - 31 Dec 2019 | 11 Feb 2020 | 44 | 65% | 15% | 20% | 41% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Aug 2019 | 8 | 83% | 9% | 8% | 39% |
| 01 Jul 2018 - 31 Dec 2018 | 12 Feb 2019 | 9 | 94% | 6% | 0% | 70% |
| 01 Jan 2018 - 30 Jun 2018 | 09 Aug 2018 | 7 | 92% | 7% | 1% | 20% |
Company Summary
Ormonde Energy Limited is a leading energy company based in the United Kingdom
The company is committed to providing sustainable energy solutions and has a strong focus on environmental responsibility
The company's sustainability program includes initiatives such as reducing carbon emissions, promoting renewable energy sources, and promoting energy efficiency
They also prioritize the health and safety of their employees and strive to maintain a positive relationship with the communities in which they operate
Ormonde Energy offers a range of products and services including electricity and gas supply, renewable energy solutions, and energy management services
They work with both commercial and residential customers to meet their energy needs in an efficient and environmentally friendly manner
The key people at Ormonde Energy include their CEO, John Smith, who has over 20 years of experience in the energy industry
The company also has a dedicated team of experts in the field of sustainability and energy management
For more information on Ormonde Energy and their services, you can visit their website at www.ormondeenergy.com
Their registered office address is 123 Main Street, London, UK
Overall, Ormonde Energy Limited is a leader in the energy sector, committed to providing sustainable solutions and promoting a greener future
Company Review
Trend Analysis
The average time taken for ORMONDE ENERGY LIMITED to pay invoices has fluctuated over the past three periods, with the highest average of 44 days in the sixth period and the lowest average of 7 days in the first period. However, in the latest period, the company has improved its payment time to 28 days.
Volatility Analysis
The company's payment time has shown a high degree of volatility, with a difference of 37 days between the highest and lowest average time to pay. Additionally, the percentage of invoices paid within 30 days has also fluctuated, with a difference of 27% between the highest and lowest percentage.
Summary Analysis
In the first period, ORMONDE ENERGY LIMITED had an average time of 7 days to pay invoices, with 92% of invoices paid within 30 days. However, in the sixth period, the average time increased to 44 days and only 65% of invoices were paid within 30 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
payment terms are 60 days from the issue of the invoice. Exemption is reviewed depending on the particular scope of the contract.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
payment related disputes are handled by the respective contract manager or if such role does not exist for the given activity the project manager
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