VATTENFALL WIND POWER LTD

Company Information

Company Number
06205750
Registered Address
5th Floor 70, St Mary Axe, London, United Kingdom, EC3A 8BE
Status
Active
Employee Count
370.0
Turnover
76967000.0
EBITDA
40321000.0

Additional Details

Company Type
Private limited Company
Incorporated On
10 April 2007
Nature of Business
35110 - Production of electricity
Industries
Property,Infrastructure And Construction
Region
London

Company Location

Google
Map data ©2025 Google
Map data ©2025 Google

Financial Metrics

Cash
£208,060,000.00
Net Worth
£1,342,141,000.00
Total Current Assets
£889,887,000.00
Total Current Liabilities
£175,179,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-04

Time to Pay

Average Time to Pay
28 days
Shortest Period:0 days
Longest Period:917 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
83%
31-60 Days
16%
After 60 Days
0%
Not Paid Within Terms42%

Payment Features

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

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019015304560

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 20190255075100

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202304 Feb 20242883%16%0%42%
01 Jan 2023 - 30 Jun 202304 Feb 20242979%21%0%50%
01 Jul 2022 - 31 Dec 202213 Feb 20234290%10%0%30%
01 Jan 2022 - 30 Jun 202227 Jul 20223490%10%0%33%
01 Jul 2021 - 31 Dec 202102 Feb 20223193%6%1%33%
01 Jan 2021 - 30 Jun 202105 Aug 20213597%2%1%33%
01 Jul 2020 - 31 Dec 202017 Feb 2021894%5%1%40%
01 Jan 2020 - 30 Jun 202031 Aug 20203893%5%1%40%
01 Jul 2019 - 31 Dec 201911 Feb 20202992%7%1%53%

Company Summary

Vattenfall Wind Power Ltd is a renewable energy company that is committed to sustainability and providing clean energy solutions

They offer a wide range of products and services that utilize wind power to generate electricity

Their sustainability program includes a goal to achieve fossil fuel-free operations by 2050 and to reduce their carbon emissions by 40% by 2025

They also have a strong focus on promoting biodiversity, protecting natural habitats, and engaging with local communities

The company's key people include Magnus Hall as the President and CEO, and Anna Borg as the CFO

They have a team of experienced professionals who are dedicated to driving the company's sustainable growth

Vattenfall Wind Power Ltd's products and services include wind farms, offshore wind power, and onshore wind power

They also offer consulting services for wind energy projects and have partnerships with other companies to develop innovative wind power solutions

Their website address is www.vattenfall.com, where customers can find information on their products and services, sustainability efforts, and contact details

Their registered office address is Vattenfall AB, SE-162 87 Stockholm, Sweden

In summary, Vattenfall Wind Power Ltd is a leading renewable energy company with a strong commitment to sustainability

They offer a variety of wind power solutions and are dedicated to reducing their carbon footprint and promoting biodiversity

With experienced leadership and a focus on innovation, they are driving the transition towards a more sustainable future

Company Review

Trend Analysis

The data for VATTENFALL WIND POWER LTD shows a fluctuating trend in the average time taken to pay invoices. From 2019 to 2022, there was a gradual decrease in the average time to pay, with a significant drop in 2020. However, in 2023 there was an increase in the average time to pay, but it still remains lower than the 2019 level.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days and between 31 and 60 days is relatively low, with only a slight fluctuation over the years. However, there is a more significant change in the percentage of invoices paid later than 60 days, with a decrease in 2020 and an increase in 2023.

Summary Analysis

From 2019 to 2021, VATTENFALL WIND POWER LTD showed improvement in their payment processes, with a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, in 2023 there was a regression, with an increase in the average time to pay and a decrease in the percentage of invoices paid within 30 days.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

payment terms are 60 days from the issue of the invoice. Exemption is reviewed depending on the particular scope of the contract.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

payment related disputes are handled by the respective contract manager or if such role does not exist for the given activity the project manager

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

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