ARGENT ENERGY LIMITED

PaymentCheck Score 2020
83Good
New Entry
#1234 in UK
#86 in Energy
#559 in London

Company Information

Company Number
05455240
Registered Address
Swire House, 59 Buckingham Gate, London, United Kingdom, SW1E 6AJ
Status
Active
Employee Count
157
Turnover
£284,177,000
EBITDA
-£24,778,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 May 2005
Nature of Business
20140 - Manufacture of other organic basic chemicals
Industries
Energy, Raw Materials And Intermediate Goods
Region
London

Time to Pay

Average Time to Pay
26 days
Shortest Period:7 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
84%
31-60 Days
12%
After 60 Days
4%
Not Paid Within Terms16%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202029 Jan 20212684%12%4%16%
01 Jan 2020 - 30 Jun 202023 Sept 20203178%14%8%22%
01 Jul 2019 - 31 Dec 201923 Sept 20203570%20%10%30%
01 Jul 2018 - 31 Dec 201828 Aug 20192784%11%5%16%

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

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

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Any invoicing issues will be dealt with by AP on a timely basis. Any further disputes will be referred to our solicitors

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

ARGENT ENERGY LIMITED is a leading renewable energy company based in the United Kingdom. The company is committed to sustainability and offers a range of eco-friendly products and services.

One of the main activities of ARGENT ENERGY LIMITED is the production of biodiesel from waste cooking oil. This helps to reduce the amount of waste going to landfills and also decreases the reliance on fossil fuels. The company also operates a state-of-the-art anaerobic digestion facility, which converts food waste into renewable energy.

ARGENT ENERGY LIMITED is known for its sustainability program, which focuses on reducing the company's carbon footprint and promoting environmental responsibility. This includes investing in innovative technologies and implementing sustainable practices in all aspects of the business.

The company's key people include the CEO, David Duggleby, who has over 25 years of experience in the energy industry, and the Chairman, Tony Brealey, who has a background in finance and renewable energy.

For more information on ARGENT ENERGY LIMITED and its products and services, you can visit their website at www.argentenergy.com. Their registered office address is at 1 King William Street, London, EC4N 7AF, United Kingdom.

In conclusion, ARGENT ENERGY LIMITED is a leading renewable energy company that is committed to sustainability and offers a range of eco-friendly products and services. With its dedicated team and innovative approach, the company is making a significant impact in the renewable energy sector in the UK.

Financial Metrics

Cash
£38,674,000
Net Worth
£125,226,000
Total Current Assets
£142,666,000
Total Current Liabilities
£73,523,000

Company Location