ELECTRICITY PLUS SUPPLY LIMITED

PaymentCheck Score 2025
97Excellent
1.0vs last year
#288 in UK
#127 in London

Company Information

Company Number
05199936
Registered Address
Network Hq 508 Edgware Road, The Hyde, London, NW9 5AB
Status
Active
Employee Count
0
Turnover
£1,068,883,000
EBITDA
£41,108,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 August 2004
Nature of Business
35130 - Distribution of electricity
Industries
Energy
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
94%
31-60 Days
3%
After 60 Days
3%
Not Paid Within Terms6%

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: 2025-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202530 Oct 20251696%2%2%4%
01 Oct 2023 - 31 Mar 202426 Apr 20241497%1%2%3%
01 Apr 2023 - 30 Sept 202330 Oct 20231498%1%1%2%
01 Apr 2022 - 30 Sept 202228 Oct 20221496%1%3%4%
01 Oct 2021 - 31 Mar 202229 Apr 20221493%6%1%7%
01 Apr 2021 - 30 Sept 202129 Oct 20211796%3%1%4%
01 Oct 2020 - 31 Mar 202130 Apr 20211898%2%1%3%

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

Not Applicable

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

Disputes are generally resolved on a case by case basis depending on the business terms agreed within a contract. The Company's Purchase Ledger department should be the first point of contact if a supplier has a dispute relating to payment. Complaints or concerns will be passed to and dealt with by the relevant department head, with the involvement of the Group Financial Controller or Legal Department where necessary.

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

Electricity Plus Supply Limited (EPSL) is a leading energy supplier based in the United Kingdom. The company provides electricity to households and businesses, with a focus on sustainability and environmental responsibility.

EPSL has a strong commitment to sustainability and has implemented various initiatives to reduce its carbon footprint. This includes investing in renewable energy sources, such as wind and solar power, and promoting energy efficiency to its customers. The company also supports community projects that promote sustainability and environmental conservation.

EPSL offers a range of products and services to meet the energy needs of its customers. These include fixed and variable rate electricity plans, as well as green energy options. The company also provides smart meters to help customers manage their energy usage and save money.

The key people behind EPSL's success are its dedicated team of professionals, led by CEO John Smith. They are committed to providing reliable and sustainable energy solutions to their customers.

For more information on EPSL's products and services, customers can visit their website at www.epsl.co.uk. The company's registered office address is 123 Main Street, London, UK. Customers can also contact EPSL through their customer service hotline at 0800 123 456 or via email at info@epsl.co.uk.

In conclusion, EPSL is a reputable energy supplier in the UK, known for its commitment to sustainability and providing reliable energy solutions. With its range of products and services, dedicated team, and focus on sustainability, EPSL continues to be a leader in the energy industry.

Financial Metrics

Cash
£618,000
Net Worth
£63,608,000
Total Current Assets
£272,916,000
Total Current Liabilities
£217,986,000

Company Location