| 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 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 196 | 8% | 5% | 87% | 78% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 70 | 15% | 37% | 48% | 51% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 62 | 22% | 38% | 40% | 47% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 47 | 47% | 29% | 24% | 56% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
There are three standard payment terms; 45 days end of month net, due on 5th of following month; 15 days end of month less 2% discount due on 5th of following month; 15 days less 3% discount; all from invoice entry date.
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
81
Disputed items are escalated to appropriate business management as necessary.
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
E.ON IT UK Limited is a dormant company registered in England, previously named E.ON IS UK Limited until 2010. It forms part of the E.ON group, with E.On Uk Limited holding 75% or more of its shares and voting rights. Companies House records list its nature of business as a dormant company, and its recent filings are dormant company accounts rather than trading accounts. Given its dormant status, the entity does not appear to trade or supply goods or services itself, but exists as a legal entity within the wider E.ON corporate structure, most likely retained historically for IT-related administrative purposes based on its name.
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