GREATER GABBARD OFFSHORE WINDS LIMITED
Company Information
- Company Number
- 04985731
- Registered Address
- No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- £345,700,000
- EBITDA
- £266,100,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 December 2003
- Nature of Business
- 35110 - Production of electricity
- Industries
- Energy
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
GREATER GABBARD OFFSHORE WINDS LIMITED demonstrates a strong trend of prompt payments, with an average payment time of 20 days and 97% of invoices settled within 30 days. While 30% of payments are technically late, their rapid average payment suggests these late payments are typically only marginally past due and not indicative of a deteriorating trajectory.
Volatility Analysis
Payment reliability is very high, with 97% of invoices paid within 30 days and no payments extending beyond 60 days, indicating low volatility in payment speed. While 30% of payments are registered as late, the minimal proportion entering the 31-60 day window (3%) and zero beyond 60 days suggests predictable short delays rather than significant financial risk.
Summary Analysis
Given the average 20-day payment time and 97% of invoices settled within 30 days, GREATER GABBARD OFFSHORE WINDS LIMITED is a low-risk payer for suppliers. While 30% of payments are technically late, the absence of payments over 60 days suggests minimal risk, and suppliers can proceed with confidence, perhaps by monitoring payment due dates closely.
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 Oct 2024 - 31 Mar 2025 | 21 Apr 2025 | 20 | 97% | 3% | 0% | 30% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 23 | 93% | 6% | 1% | 51% |
| 01 Oct 2023 - 31 Mar 2024 | 24 Apr 2024 | 32 | 83% | 9% | 8% | 71% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 24 | 87% | 12% | 1% | 61% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 25 | 86% | 10% | 4% | 46% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 23 | 89% | 8% | 3% | 38% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 21 | 88% | 11% | 1% | 42% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 25 | 78% | 21% | 1% | 53% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 25 | 84% | 13% | 3% | 60% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 27 | 71% | 19% | 10% | 64% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 33 | 82% | 9% | 9% | 68% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 38 | 71% | 18% | 11% | 83% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 33 | 67% | 22% | 11% | 84% |
| 01 Apr 2018 - 30 Sept 2018 | 24 Oct 2018 | 33 | 76% | 15% | 9% | 84% |
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
SSE's standard payment terms are Nett 30 days but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate.
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
Dispute Resolution Process
The Dispute Resolution Process is detailed within the Accounts Payable section at http://sse.com/potential-suppliers/. Alternatively suppliers can also contact the "orderer" directly using the details provided on the Purchase Order
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
GREATER GABBARD OFFSHORE WINDS LIMITED is an active private limited company involved in the offshore wind energy sector.
It was incorporated on 5 December 2003, operating under company number 04985731. The company's registered office is situated at No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH, placing its location within the South East region.
Companies active in the offshore wind energy sector typically specialise in the development, construction, operation, and maintenance of offshore wind farms. These organisations play a crucial role in renewable energy generation and infrastructure development within the UK market.
