STORENGY UK LIMITED

PaymentCheck Score 2025
88Good
1.7vs last year
#1071 in UK
#58 in North West

Company Information

Company Number
06311795
Registered Address
Stublach Site, King Street, Northwich, Cheshire, CW9 7SE
Status
Active
Employee Count
52
Turnover
£256,846,000
EBITDA
£84,298,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 July 2007
Nature of Business
35230 - Trade of gas through mains
Industries
Coming Soon
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
87%
31-60 Days
10%
After 60 Days
3%
Not Paid Within Terms13%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202531 Jul 20252587%10%3%13%
01 Jul 2024 - 31 Dec 202420 Jan 20252685%11%4%15%
01 Jul 2023 - 31 Dec 202313 Feb 20242587%10%3%13%
01 Jan 2023 - 30 Jun 202331 Jul 20232385%9%6%15%
01 Jan 2019 - 30 Jun 201930 Jul 20192291%7%2%3%
01 Jul 2018 - 31 Dec 201825 Jan 20192841%40%19%6%
01 Jan 2018 - 30 Jun 201824 Jul 20181890%8%2%6%

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

Payment terms are 30 days end of month from the date of Seller’s invoice receipt unless the Quotation or Seller’s Sales Order.

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

30

Dispute Resolution Process

Within Storengy UK Ltd, a number of the contract templates that are utilised include provision for dispute resolution.There is also a procedure in place defining a standardised approach to be undertaken for the management of contractual disputes within Storengy UK Ltd. The functional responsibility for the development, review and maintenance of this procedure rests with the Head of Procurement. Where it has not been possible to resolve any contractual matters by form of negotiation, the following steps shall be taken: 1. Approved Dispute Resolution Form 2.Implement Dispute Resolution Strategy Where an agreement cannot be reached between the parties, the dispute shall be escalated within the Storengy UK Management team and Storengy Legal department.

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

STORENGY UK LIMITED is a leading energy company in the UK, committed to delivering sustainable and reliable energy solutions to its customers. The company is a subsidiary of STORENGY, a global leader in natural gas storage.

Their sustainability program focuses on reducing carbon emissions and promoting renewable energy sources. They have implemented various initiatives such as using green energy for their operations, investing in carbon capture and storage projects, and promoting energy efficiency among their customers.

STORENGY UK LIMITED offers a range of products and services to meet the energy needs of their customers. They provide natural gas storage solutions for businesses and households, ensuring a constant and reliable supply of energy. They also offer energy management services to help customers reduce their energy consumption and carbon footprint.

The key people at STORENGY UK LIMITED include their CEO, Thierry Trouve, and their Executive Vice President, Marie-Pierre Maillard. They have a team of dedicated professionals who are committed to providing high-quality services and promoting sustainability.

The company's website, https://www.storengy.co.uk/, provides detailed information about their products, services, and sustainability efforts. Their registered office address is 5 Howick Place, London, SW1P 1WG, United Kingdom.

In conclusion, STORENGY UK LIMITED is a leading energy company in the UK, with a strong focus on sustainability. They offer a range of products and services to meet the energy needs of their customers while prioritizing the reduction of carbon emissions. With a dedicated team and a commitment to sustainability, they are paving the way towards a greener and more sustainable future.

Financial Metrics

Cash
£48,793,000
Net Worth
£244,210,000
Total Current Assets
£100,985,000
Total Current Liabilities
£17,607,000

Company Location