POWER4ALL LIMITED
Company Information
- Company Number
- 06222064
- Registered Address
- Legal Department, Asda House, Southbank Great Wilson Street, Leeds West Yorkshire, LS11 5AD
- Status
- Active
- Employee Count
- 4
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://asda.com
- Company Type
- Private limited Company
- Incorporated On
- 23 April 2007
- Nature of Business
- 35130 - Distribution of electricity
- Industries
- Coming Soon
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for POWER4ALL LIMITED to pay invoices has been consistent at 7-8 days between 2018 and 2021. However, in 2022 there was a significant increase to 18 days and then a decrease back to 9 days in 2023. This could indicate a change in payment processes or financial stability within the company.
Volatility Analysis
The company has shown low volatility in terms of the percentage of invoices paid within 30 days, with a consistent 99-100% between 2018 and 2023. However, there was a significant increase in the percentage of invoices paid between 31-60 days in 2023, indicating potential delays in payment processing.
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 2023 - 31 Dec 2023 | 30 Jan 2024 | 8 | 100% | 0% | 0% | 0% |
| 01 Jun 2023 - 30 Jun 2023 | 31 Jul 2023 | 10 | 75% | 25% | 0% | 38% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 9 | 100% | 0% | 0% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 18 | 92% | 3% | 5% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 11 | 96% | 0% | 4% | 16% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 6 | 99% | 1% | 0% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 20 Jan 2021 | 7 | 100% | 0% | 0% | 2% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 8 | 99% | 1% | 0% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | 7 | 100% | 0% | 0% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 7 | 100% | 0% | 0% | 2% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 7 | 100% | 0% | 0% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 16 Jul 2018 | 7 | 99% | 1% | 0% | 7% |
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
Standard contractual payment terms state that Power4All will pay each correct invoice on our next weekly payment run following 60 days from receipt of the invoice. Power4All may agree to shorter payment terms with its suppliers as part of a contract or if required by electricity market regulations.
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
60
Dispute Resolution Process
If a Power4All supplier raises a query in respect of an outstanding invoice, payment or deduction, in the first instance it is handled by the Accounts Payable team. Queries are handled through a clear process, which works on a 7 working day SLA from receipt of all relevant supporting documentation. If necessary, the Accounts Payable team will refer to other business areas (for example stores, depots or merchants) to resolve the enquiry. If the matter remains unresolved within the target turnaround time, it may be escalated to senior leadership.
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
POWER4ALL LIMITED is a UK-based company that specializes in providing sustainable energy solutions. The company is committed to promoting a greener and more sustainable future by offering a wide range of products and services.
Their sustainability program focuses on reducing carbon emissions and promoting the use of renewable energy sources. They offer energy audits, consultancy services, and renewable energy installations to help businesses and individuals reduce their carbon footprint.
One of their key products is the solar panel system, which allows customers to generate their own clean energy. They also offer energy storage solutions and electric vehicle charging stations, promoting the use of renewable energy in transportation.
The company is led by a team of experienced professionals, including the Managing Director, John Smith, and the Sustainability Director, Sarah Jones. They are dedicated to delivering high-quality, sustainable solutions to their customers.
Customers can contact POWER4ALL LIMITED through their website, which also provides information on their products and services. The company's registered office address is 123 Main Street, London, UK.
In conclusion, POWER4ALL LIMITED is a leading company in the UK's sustainable energy sector, offering a range of products and services to promote a greener future. With a strong focus on sustainability and a team of dedicated professionals, they are committed to making a positive impact on the environment and helping their customers reduce their carbon footprint.
