VESTAS OFFSHORE WIND UK LTD
Company Information
- Company Number
- 05798594
- Registered Address
- Ground Floor 301 Bridgewater Place, Birchwood Park, Warrington, Cheshire, United Kingdom, WA3 6XF
- Status
- Active
- Employee Count
- 457
- Turnover
- £616,812,000
- EBITDA
- £6,551,000
Additional Details
- Website
- https://vestas.com
- Company Type
- Private limited Company
- Incorporated On
- 27 April 2006
- Nature of Business
- 28110 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
- Industries
- Property,Infrastructure And Construction
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 | 18 Aug 2025 | 32 | 59% | 19% | 22% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Aug 2022 | 26 | 65% | 23% | 12% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 35 | 44% | 36% | 20% | 31% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Nov 2021 | 41 | 33% | 41% | 26% | 40% |
| 01 Apr 2018 - 30 Sept 2018 | 06 Nov 2018 | 38 | 37% | 49% | 14% | 30% |
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
End of Month plus 60 days plus 5 is our target payment terms. For smaller suppliers with spend below €50k it is 30 days End of month plus 5 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The business standard payment terms are end of month plus 60 days plus 5 - variations are agreed for individual circumstances.
Maximum contractual payment period agreed
143
Dispute Resolution Process
Invoices that cannot be validated are queried out to the business using an integrated workflow solution which is constantly monitored to ensure responses are received in the required timescales. Vendors can contact the Shared Service Centre Help desk with any queries via email or phone Monday to Friday. A ticketing solution is used to monitor queries where the answer is not provided instantly. Invoices to NEUVWSinvoices@vestas.com, Payment and any other queries to financesscsap@vestas.com Statements to financesscsoa@vestas.com
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
VESTAS OFFSHORE WIND UK LTD is a subsidiary of the global wind energy company, VESTAS
The company is dedicated to providing sustainable solutions for offshore wind power generation in the UK.\n\nTheir sustainability program focuses on reducing the environmental impact of their operations and increasing the use of renewable energy sources
This includes implementing green energy practices in their manufacturing processes and reducing their carbon footprint.\n\nIn terms of products and services, VESTAS OFFSHORE WIND UK LTD offers a range of offshore wind turbines, including the V164-9.5 MW, one of the largest and most powerful turbines in the world
They also provide project development, construction, and maintenance services for offshore wind farms.\n\nKey people in the company include Executive Vice President and Chief Sales Officer, Juan Araluce, and Country Manager for UK & Ireland, Julian Brown
They work with a team of experts in the field of wind energy to ensure the success of their projects.\n\nFor those interested in contacting VESTAS OFFSHORE WIND UK LTD, their website is easily accessible and provides information on their products, services, and sustainability initiatives
Their registered office address is 2 Victoria Square, Victoria Street, Bristol, BS1 6FB, United Kingdom
Overall, VESTAS OFFSHORE WIND UK LTD is committed to driving sustainable change in the UK's offshore wind industry through their innovative products and services
