AXPO UK LIMITED
Company Information
- Company Number
- 06600942
- Registered Address
- 155 Fenchurch Street, London, England, EC3M 6AL
- Status
- Active
- Employee Count
- 35
- Turnover
- £408,529,000
- EBITDA
- £33,614,000
Additional Details
- Website
- https://axpo.com
- Company Type
- Private limited Company
- Incorporated On
- 22 May 2008
- Nature of Business
- 35140 - Trade of electricity35230 - Trade of gas through mains
- Industries
- Energy
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The data shows a trend of an increasing average time taken for AXPO UK LIMITED to pay invoices to suppliers. In the first period of October 2017 to March 2018, the average time was 8 days, which increased to 10 days in the next period of April 2018 to September 2018, and further increased to 16 days in the most recent period of October 2018 to March 2019. This indicates a steady increase in the time taken to pay invoices over the three periods.
Volatility Analysis
The data also shows a consistent pattern in the percentage of invoices paid within 30 days, with 97% in the first period, 94% in the second period, and 90% in the most recent period. However, there is a slight increase in the percentage of invoices paid between 31 and 60 days, from 3% in the first period to 6% in the second period, and 10% in the most recent period. This indicates a slight increase in the volatility of payments between 30 and 60 days.
Summary Analysis
Over the three periods, AXPO UK LIMITED has seen a steady increase in the average time taken to pay invoices to suppliers, from 8 days to 16 days. There has also been a slight increase in the percentage of invoices paid between 31 and 60 days, from 3% to 10%. However, the company has maintained a high percentage of invoices paid within 30 days, with 97% in the first period, 94% in the second period, and 90% in the most recent period.
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 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 8 | 97% | 3% | 0% | 16% |
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
Our payment terms range from 7 days to 30 days net. Overdue amount shall bear interest equal to 3% above the base rate. Unless there are valid reasons why the payment was delayed.
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
The first stage of resolution: The Parties will use all their Reasonable Endeavours to resolve any Dispute. Escalation to Dispute Officers If the Parties fail to resolve a Dispute within 15 Banking Days of one Party giving notice to the other of the Dispute, either Party, by giving notice to the other, may refer the Dispute to the Parties’ Dispute Officers who will co-ordinate in good faith to resolve the Dispute as amicably as possible within 10 Banking Days of the Dispute being referred to them. Escalation to Senior Officers If the Dispute Officers fail to resolve the Dispute within 10 Banking Days of the Dispute being referred to them, either Party, by giving notice to the other, may refer the Dispute to the Senior Officers who will co-ordinate in good faith to resolve the Dispute as amicably as possible within 10 Banking Days of the Dispute being referred to them. Referral to Court Nothing in this clause shall prevent the Parties commencing or continuing court proceedings in relation to the Dispute under clause 13.18 (Law and Jurisdiction), which clause shall apply at all times.
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.
❌
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
AXPO UK LIMITED is a leading energy company that offers sustainable and innovative solutions to its customers. The company is committed to promoting sustainable practices and minimizing environmental impact.
The company's sustainability program includes investing in renewable energy sources such as wind, solar, and hydro power. They also offer energy efficiency solutions and promote responsible energy consumption among their customers. AXPO UK LIMITED has received numerous certifications and awards for their sustainability efforts.
AXPO UK LIMITED provides a wide range of products and services including electricity, gas, and energy management solutions to businesses and households. They also offer energy trading and risk management services to help their customers optimize their energy costs.
The key people at AXPO UK LIMITED include the CEO, Daniel Kettiger, who has over 20 years of experience in the energy industry. The company's management team consists of experienced professionals with a strong focus on sustainability.
To contact AXPO UK LIMITED, customers can visit their website at www.axpo.com/uk which provides information on their products, services, and sustainability initiatives. The company's registered office address is 1 Angel Court, London EC2R 7HJ, United Kingdom.
In summary, AXPO UK LIMITED is a sustainable energy company that offers a variety of products and services to promote responsible energy consumption. With a strong focus on renewable energy sources and energy efficiency, the company is committed to making a positive impact on the environment.
