SCIRA OFFSHORE ENERGY LIMITED
Company Information
- Company Number
- 05119310
- Registered Address
- 1 Kingdom Street, London, United Kingdom, W2 6BD
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 252181000.0
- EBITDA
- 215934000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 May 2004
- 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 | 31 Jan 2024 | 23 | 6% | 92% | 2% | 16% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 25 | 87% | 5% | 8% | 23% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 21 | 92% | 2% | 6% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 31 | 85% | 11% | 4% | 76% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 29 | 97% | 2% | 1% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 15 | 91% | 5% | 4% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jan 2021 | 23 | 91% | 4% | 5% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | 24 | 88% | 7% | 5% | 23% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 25 | 83% | 10% | 7% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 26 | 90% | 2% | 8% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 06 Feb 2019 | 31 | 78% | 12% | 10% | 22% |
| 01 Jan 2018 - 30 Jun 2018 | 06 Feb 2019 | 22 | 80% | 13% | 7% | 20% |
Company Summary
SCIRA OFFSHORE ENERGY LIMITED is a renewable energy company focused on developing and operating offshore wind farms
Founded in 2004, the company is headquartered in London, UK and has several key people in leadership roles including the CEO, CFO, and COO
The company's main focus is on sustainable energy production through offshore wind farms
Their flagship project is the Sheringham Shoal Offshore Wind Farm, located off the coast of Norfolk, which has been in operation since 2012
This wind farm has a capacity of 316MW and can generate enough clean energy to power over 220,000 homes
SCIRA OFFSHORE ENERGY LIMITED also has a strong sustainability program in place, with a commitment to reducing their carbon footprint and promoting sustainable practices
They have implemented various initiatives to minimize their environmental impact, such as using renewable energy sources in their operations and reducing waste and emissions
In addition to their core business of producing renewable energy, the company also offers consulting and advisory services in the offshore wind industry
They work with governments, utilities, and other companies to provide expertise and support in developing and implementing sustainable energy solutions
For more information, interested parties can visit the company's website at www.scira.co.uk
The registered office address for SCIRA OFFSHORE ENERGY LIMITED is 5th Floor, 6 St Andrew Street, London, EC4A 3AE, United Kingdom
With a strong focus on sustainability and renewable energy, SCIRA OFFSHORE ENERGY LIMITED is at the forefront of the energy industry and is committed to making a positive impact on the environment
Company Review
Trend Analysis
The trend for SCIRA OFFSHORE ENERGY LIMITED's average time to pay invoices has fluctuated over the past three years, with a high of 31 days in 2018 and a low of 15 days in 2021. However, overall the trend has been decreasing, indicating that the company is paying invoices more quickly.
Volatility Analysis
The volatility of SCIRA OFFSHORE ENERGY LIMITED's invoice payment time has been relatively low, with only a few periods showing significant changes. The most volatile period was in 2022, where there was a sudden increase in the average time to pay and a decrease in the percentage of invoices 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
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
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
The company notifies suppliers in the event of any invoice disputes and endeavors 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
