ORSTED WEST OF DUDDON SANDS (UK) LIMITED
Company Information
- Company Number
- 06494525
- Registered Address
- 5 Howick Place, London, England, SW1P 1WG
- Status
- Active
- Employee Count
- 0
- Turnover
- £149,172,000
- EBITDA
- £116,486,000
Additional Details
- Website
- https://dongenergy.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 5 February 2008
- Nature of Business
- 35110 - Production of electricity
- Industries
- Energy
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 60 | 25% | 52% | 23% | 61% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 49 | 32% | 50% | 18% | 63% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 42 | 43% | 45% | 12% | 57% |
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 length of time for payment of invoices are 30 days from invoice received date. The maximum contractual payment period is 60 days from invoice day.
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
The Parties will attempt to settle any dispute between them by entering into good-faith negotiations through the appropriate management level of governance in a timely manner. The Parties must as a minimum attend the first good-faith negotiations. If a dispute is not resolved by prior negotiation, any dispute arising out of or in connection with the Agreement, including any disputes regarding the existence, validity or termination thereof, shall be settled by arbitration in accordance with the provisions of the Rules of the London Court of International Arbitration provided that: a) one (1) arbitrator will be appointed; b) the arbitrator applies the laws of England; c) the arbitration shall be conducted in the English language; and d) be held in London, England. Any arbitration proceedings and decisions under the Agreement are confidential.
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
Orsted West of Duddon Sands (UK) Limited is a renewable energy company that focuses on developing and operating offshore wind farms in the UK. The company is a joint venture between Orsted, a Danish energy company, and ScottishPower Renewables, a UK-based renewable energy company.
The primary activity of Orsted West of Duddon Sands is the development and operation of the West of Duddon Sands Offshore Wind Farm, located in the Irish Sea off the coast of Cumbria. The wind farm has a capacity of 389MW and can generate enough electricity to power over 280,000 homes.
The company has a strong focus on sustainability and is committed to reducing its carbon footprint. They have implemented various initiatives such as using low-carbon materials in construction, minimizing waste, and promoting biodiversity in the areas where they operate.
Orsted West of Duddon Sands offers renewable energy products and services to its customers. They have long-term power purchase agreements with various UK energy suppliers, providing them with clean and sustainable energy. The company also offers consultancy services to other businesses looking to transition to renewable energy.
The key people at Orsted West of Duddon Sands are the Managing Director, the Head of Operations, and the Head of Development. They work closely with their parent companies and stakeholders to ensure the success of the West of Duddon Sands project.
The registered office address for Orsted West of Duddon Sands is 5 Howick Place, London, SW1P 1WG, and their website is www.orsted.co.uk. The company also has a community liaison officer who can be contacted for any queries or concerns regarding the wind farm's operations.
In summary, Orsted West of Duddon Sands is a leading renewable energy company in the UK, with a strong focus on sustainability. Their flagship project, the West of Duddon Sands Offshore Wind Farm, provides clean and sustainable energy to thousands of homes. With a dedicated team and a commitment to reducing their carbon footprint, the company is making significant contributions towards a greener and more sustainable future.
