SCIRA OFFSHORE ENERGY LIMITED

PaymentCheck Score 2025
66Fair
26.8vs last year
#2677 in UK
#266 in Property
#1087 in London

Company Information

Company Number
05119310
Registered Address
1 Kingdom Street, London, United Kingdom, W2 6BD
Status
Active
Employee Count
0
Turnover
£252,181,000
EBITDA
£215,934,000

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

Time to Pay

Average Time to Pay
30 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
54%
31-60 Days
42%
After 60 Days
4%
Not Paid Within Terms46%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202525 Jul 20253054%42%4%46%
01 Jan 2024 - 30 Jun 202409 Jul 20242597%1%2%9%
01 Jul 2023 - 31 Dec 202331 Jan 2024236%92%2%16%
01 Jan 2023 - 30 Jun 202301 Aug 20232587%5%8%23%
01 Jul 2021 - 31 Dec 202128 Jan 20222997%2%1%24%
01 Jul 2020 - 31 Dec 202022 Jan 20212391%4%5%22%
01 Jan 2019 - 30 Jun 201917 Jul 20192690%2%8%27%
01 Jul 2018 - 31 Dec 201806 Feb 20193178%12%10%22%
01 Jan 2018 - 30 Jun 201806 Feb 20192280%13%7%20%

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

Standard payment terms are 30 days from date of invoice.

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 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.

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

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.

Financial Metrics

Cash
£18,948,000
Net Worth
£524,970,000
Total Current Assets
£109,929,000
Total Current Liabilities
£18,839,000

Company Location