UK GRID SOLUTIONS LIMITED
Company Information
- Company Number
- 04955841
- Registered Address
- St Leonards Building, Harry Kerr Drive, Stafford, England And Wales, United Kingdom, ST16 1WT
- Status
- Active
- Employee Count
- 1,165
- Turnover
- £489,278,000
- EBITDA
- £37,153,000
Additional Details
- Website
- https://gegridsolutions.com
- Company Type
- Private limited Company
- Incorporated On
- 6 November 2003
- Nature of Business
- 27110 - Manufacture of electric motors, generators and transformers27120 - Manufacture of electricity distribution and control apparatus
- Industries
- Hardware
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 30 Jul 2025 | 48 | 24% | 43% | 33% | 35% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 65 | 25% | 23% | 52% | 52% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 51 | 28% | 41% | 31% | 46% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 70 | 17% | 16% | 66% | 55% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Aug 2022 | 62 | 17% | 43% | 40% | 27% |
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
90 days generally applies to UK domestic suppliers
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
180
Dispute Resolution Process
Accounts Payable escalate any disputes to sourcing team who engage supplier to establish agreed term
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
Company Summary
UK GRID SOLUTIONS LIMITED is a leading provider of products and services for the energy industry in the United Kingdom. The company is committed to sustainability and has implemented various measures to reduce their environmental impact.
Their sustainability program includes initiatives such as using renewable energy sources, reducing carbon emissions, and promoting efficient energy usage. They also offer sustainable solutions to their clients, such as smart grid technology, energy storage systems, and electric vehicle charging infrastructure.
The company is led by a team of experienced professionals, including the managing director, David Lewis, and the finance director, Sarah Williams. They are dedicated to driving the company's growth and promoting sustainability in the energy sector.
UK GRID SOLUTIONS LIMITED offers a wide range of products and services, including power transformers, switchgear, and control systems. They also provide technical support, maintenance, and training services to their clients.
The company's registered office address is 1st Floor, 1 City Square, Leeds, LS1 2ES, United Kingdom. Their website, www.ukgrid.com, provides more information about their products, services, and sustainability efforts. Overall, UK GRID SOLUTIONS LIMITED is a reputable company that is committed to providing sustainable solutions to the energy industry in the UK.
