UTILITYWISE PLC

Company Information

Company Number
05849580
Registered Address
200 Aldersgate Aldersgate Street, London, Greater London, EC1A 4HD
Status
Dissolved
Employee Count
1,644
Turnover
£67,756,000
EBITDA
-£29,263,000

Additional Details

Company Type
Public limited Company
Incorporated On
19 June 2006
Nature of Business
35130 - Distribution of electricity
70229 - Management consultancy activities other than financial management
74901 - Environmental consulting activities
Industries
Energy
Region
London

Time to Pay

Average Time to Pay
37 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
65%
31-60 Days
26%
After 60 Days
9%
Not Paid Within Terms36%

Payment Features

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

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

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

60

Dispute Resolution Process

Contact Purchase Ledger in the first instance who will deal with any disputes

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

UTILITYWISE PLC is a UK-based company that provides energy and utility management services to businesses. They aim to help companies save money and reduce their environmental impact through their sustainability program.

Their services include energy procurement, energy audits, and energy management software. They also offer energy efficiency solutions such as LED lighting and renewable energy options.

The company's sustainability program focuses on promoting responsible energy usage and reducing carbon footprint. They work with clients to implement energy-efficient practices and provide regular reports to track progress.

Key people in the company include CEO Brendan Flattery and CFO Richard Laker. The company's registered office address is in Newcastle upon Tyne, but they also have offices in London and Redditch.

Their website, www.utilitywise.com, provides information on their services, sustainability program, and contact details. They also have a customer portal for clients to access their energy data and reports.

In summary, UTILITYWISE PLC is a leading energy and utility management company that prioritizes sustainability in their services and operations. They offer a range of solutions to help businesses save money and reduce their environmental impact, with a strong focus on responsible energy usage and carbon footprint reduction.

Financial Metrics

Cash
£10,076,000
Net Worth
-£32,536,000
Total Current Assets
£37,929,000
Total Current Liabilities
£64,437,000

Company Location