CENTRICA HIVE LIMITED
Company Information
- Company Number
- 05782908
- Registered Address
- Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD
- Status
- Active
- Employee Count
- 167
- Turnover
- £49,898,000
- EBITDA
- -£19,965,000
Additional Details
- Website
- https://www.alertme.com/
- Company Type
- Private limited Company
- Incorporated On
- 18 April 2006
- Nature of Business
- 62012 - Business and domestic software development
- Industries
- Property,Infrastructure And Construction,Software
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 55 | 13% | 83% | 4% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 51 | 18% | 79% | 3% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 51 | 20% | 69% | 11% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 66 | 11% | 26% | 63% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 61 | 10% | 37% | 53% | 8% |
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
We have standard payment terms of 60 days, however all suppliers categorised as Micro and Small are paid on 30 days terms. Sub-contractor are typically paid with 28 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
To prevent a delay in invoice processing, invoices must be clearly legible, comply with HMRC regulations and should include supplier details, purchase order number invoice number, invoice date and payment instructions, as well as the Centrica point of contact who requested the goods or services. Invoices should be issued electronically to centrica.jewel.live@boxit.co.uk Invoices issued without the above details may not be accepted and may be returned for amendment before being processed.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any disputes the suppliers should contact their specific contact Accounts Payable Group Group.accountspayable@centrica.com. The Accounts Payable team will consider the complaint and respond accordingly. Should an escalation occur an email to apescalation@centrica.com should be sent and the AP team will respond.
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.
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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.
❌
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
CENTRICA HIVE LIMITED is a British energy and home automation company, headquartered in Windsor, United Kingdom. It was founded in 2012 and is a part of the larger Centrica plc group.
The company's main focus is to provide innovative products and services to help customers manage their energy usage and reduce their environmental impact. Their sustainability program includes initiatives such as promoting energy-efficient products, reducing carbon emissions, and supporting renewable energy sources.
CENTRICA HIVE LIMITED offers a range of products and services, including smart thermostats, smart lighting, and smart plugs that can be controlled remotely through a mobile app. They also provide energy monitoring tools and advice on how to save energy and reduce bills.
The company is led by CEO Nina Bhatia, who has been at the helm since 2018. Other key people in the company include the Director of Product and Propositions, Director of Operations, and Director of Finance.
Customers can contact CENTRICA HIVE LIMITED through their website, which also provides information about their products and services. The registered office address is Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD, United Kingdom.
In summary, CENTRICA HIVE LIMITED is a leading British energy and home automation company that is committed to sustainability and providing innovative solutions to help customers manage their energy usage. With a range of products and services, a strong leadership team, and a focus on reducing environmental impact, the company continues to make a positive impact in the energy industry.
