Score of 94.36/100 qualifies for PaymentCheck Certification
| 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 Apr 2020 - 24 Aug 2020 | 30 Oct 2020 | 11 | 91% | 7% | 2% | 15% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 15 | 95% | 4% | 1% | 8% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 12 | 96% | 3% | 1% | 7% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 13 | 89% | 11% | 0% | 13% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 13 | 93% | 6% | 1% | 8% |
This information is as reported by the business, and responses are in their own words.
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
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.
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
Severn Power Limited is registered at Severn Power Station in Nash, Newport, and its listed business activity is the production of electricity. Companies House records classify it under SIC code 35110, production of electricity, consistent with operating a power generation facility at this site. Its company secretary is a Centrica group entity, indicating the company sits within the wider Centrica corporate group, which oversees its administration. No further detail on generation capacity, fuel type or commercial arrangements is available from the supplied evidence. The company remains an active, private limited company incorporated in March 2005.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk