NPOWER GROUP BUSINESS SERVICES LIMITED
Company Information
- Company Number
- 06052966
- Registered Address
- Westwood Way, Westwood Business Park, Coventry, England, CV4 8LG
- Status
- Active
- Employee Count
- 0
- Turnover
- Coming Soon
- EBITDA
- £1,807,000
Additional Details
- Website
- https://rwe.com
- Company Type
- Private limited Company
- Incorporated On
- 15 January 2007
- Nature of Business
- 74990 - Non-trading company
- Industries
- Professional Services
- Region
- West Midlands
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 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 39 | 35% | 62% | 3% | 16% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2021 | 39 | 48% | 49% | 3% | 12% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 33 | 59% | 36% | 5% | 17% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 36 | 39% | 58% | 3% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 38 | 35% | 61% | 4% | 12% |
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
60 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
The business standard payment terms are 60 days - variations are agreed for individual circumstances.
Maximum contractual payment period agreed
90
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 contact the Shared Service Centre Help desk with any queries. A ticketing solution is used to monitor queries where the answer is not provided instantly. Late payment charges are negligible. The Company investigates and resolves any such incidents immediately. Costs are not recorded centrally, they are charged to the business area responsible In case of queries relating to payments, contact our Shared Service Centre at SSC Help Desk email is AP.SAPAdmin@eon.com tel: 0845 0702100 to register under our Business dispute resolution process For dispute resolution, contact : AP.SAPAdmin@eon.com telephone 0845 0702100
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.
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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.
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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
NPOWER GROUP BUSINESS SERVICES LIMITED is a leading energy company that provides sustainable energy solutions to businesses in the UK. They offer a variety of products and services, including energy procurement, energy management, and renewable energy options.
Their sustainability program focuses on reducing carbon emissions and promoting renewable energy sources. They have implemented several initiatives to achieve this, such as investing in renewable energy projects, offering energy efficiency advice to their clients, and promoting green energy tariffs.
NPOWER GROUP BUSINESS SERVICES LIMITED is led by a team of experienced and dedicated professionals, including their CEO, Mark Futyan, who has over 20 years of experience in the energy sector. Their team is committed to providing innovative and sustainable energy solutions to their clients.
For more information on their products and services, interested parties can visit their website at www.npower.com. Their registered office address is 1 Windmill Hill Business Park, Whitehill Way, Swindon, Wiltshire, SN5 6PB. They can also be contacted via phone at 0800 073 3000.
