RWE RENEWABLES UK LONDON ARRAY LIMITED

PaymentCheck Score 2025
90Good
8.1vs last year
#923 in UK
#70 in Property
#44 in South West

Company Information

Company Number
05321254
Registered Address
Windmill Hill Business Park, Whitehill Way, Swindon, Wiltshire, England, SN5 6PB
Status
Active
Employee Count
0
Turnover
£76,829,000
EBITDA
£42,699,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 December 2004
Nature of Business
35110 - Production of electricity
64209 - Activities of other holding companies not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
South West

Time to Pay

Average Time to Pay
14 days
Shortest Period:15 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
83%
31-60 Days
17%
After 60 Days
0%
Not Paid Within Terms50%

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: 2025-01-29
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 202529 Jul 2025989%11%0%30%
01 Jul 2024 - 31 Dec 202429 Jan 20251483%17%0%50%
01 Jan 2024 - 30 Jun 202425 Jul 20242177%8%15%31%
01 Jan 2023 - 30 Jun 202305 Jul 2023994%3%3%7%
01 Jan 2022 - 30 Jun 202218 Jul 202220100%0%0%33%
01 Jan 2021 - 30 Jun 202128 Jul 20212950%40%10%50%
01 Jan 2020 - 30 Jun 202029 Jul 20203750%31%19%55%
01 Jul 2019 - 31 Dec 201927 Jan 20203161%29%10%44%
01 Jan 2019 - 30 Jun 201924 Jul 20192870%24%6%35%
01 Jul 2018 - 31 Dec 201823 Jan 20192979%16%5%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

The standard payment terms are 30 days for external and interco invoices.

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

60

Dispute Resolution Process

Disputed items are escalated to appropriate business management as 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

RWE Renewables UK London Array Limited is a leading renewable energy company based in the United Kingdom. The company is committed to promoting sustainable living through its renewable energy products and services.

The main activity of RWE Renewables UK London Array Limited is the development, construction, and operation of wind farms. They have successfully built and operated the world's largest offshore wind farm, London Array, which has a capacity of 630 megawatts and can power over half a million homes. The company is also involved in the construction of onshore wind farms and solar projects.

As part of its sustainability program, RWE Renewables UK London Array Limited focuses on reducing its carbon footprint and promoting environmental conservation. They have implemented various initiatives such as using renewable energy sources in their operations, reducing waste and promoting recycling, and working towards a sustainable supply chain.

The key people of RWE Renewables UK London Array Limited include the Managing Director, who oversees the overall operations of the company, and the Project Managers, who are responsible for the development and construction of renewable energy projects.

For more information on their products and services, as well as their sustainability efforts, interested parties can visit their website at www.londonarray.com. The registered office address of RWE Renewables UK London Array Limited is 1 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom.

Financial Metrics

Cash
£7,447,000
Net Worth
£175,564,000
Total Current Assets
£83,495,000
Total Current Liabilities
£52,074,000

Company Location