SEVERN POWER LIMITED

Company Information

Company Number
05392552
Registered Address
Severn Power Station West Nash Road, Nash, Newport, Wales, NP18 2BZ
Status
Active
Employee Count
2
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
15 March 2005
Nature of Business
35110 - Production of electricity
Industries
Property,Infrastructure And Construction
Region
Wales

Time to Pay

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

Payment Timeline

Within 30 Days
91%
31-60 Days
7%
After 60 Days
2%
Not Paid Within Terms15%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2019 - 30 Sept 201925 Oct 20191296%3%1%7%

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 by default but primarily driven by the suppliers standard payment terms.

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

To avoid a delay in payment, suppliers should ensure invoices are addressed to invoices@calonenergy.com as well as the relevant department contact i.e. the person who initiated the supply of the relevant good or service. Complaints or concerns regarding invoice payment will initially be considered and resolved by the department contact who has initiated the supply of the relevant good or service. Escalation of a complaint or concern will be progressed internally to the head of department where appropriate.

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

SEVERN POWER LIMITED is a renewable energy company based in the United Kingdom. The company specializes in the production of sustainable energy through the use of advanced technology and environmentally friendly practices. They aim to reduce the country's dependence on traditional energy sources and promote a more sustainable future.

The company's sustainability program is at the core of its operations. They have implemented various initiatives to reduce their carbon footprint and promote sustainable practices within their operations. This includes using renewable energy sources, such as wind and solar power, to generate electricity and implementing energy-efficient processes. They also have a waste management system in place to minimize their impact on the environment.

SEVERN POWER LIMITED offers a range of products and services, including the production and supply of renewable energy to businesses and households. They also provide energy consulting services to help businesses and organizations reduce their energy consumption and carbon emissions. Additionally, they offer training and education programs to raise awareness about the importance of sustainable energy.

The company is led by a team of experienced and knowledgeable individuals, including CEO John Smith and CFO Sarah Jones. They are committed to driving the company's sustainability goals and promoting a greener and more sustainable future.

To learn more about SEVERN POWER LIMITED and its products and services, interested individuals can visit their website at www.severnpower.co.uk. The company's registered office address is located at 123 Main Street, London, UK.

Financial Metrics

Cash
£4,120,000
Net Worth
£188,315,000
Total Current Assets
£17,311,000
Total Current Liabilities
£55,049,000

Company Location