EDF ENERGY RENEWABLES HOLDINGS LIMITED
Company Information
- Company Number
- 06658187
- Registered Address
- Alexander House 1 Mandarin Road, Rainton Bridge Business Park, Houghton Le Spring Sunderland, England, DH4 5RA
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 0.0
- EBITDA
- -1063000.0
Additional Details
- Website
- https://edf-er.com
- Company Type
- Private limited Company
- Incorporated On
- 28 July 2008
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Property,Infrastructure And Construction
- Region
- North East
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 | 31 Jan 2024 | 52 | 38% | 52% | 10% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 13 Oct 2023 | 69 | 25% | 25% | 50% | 50% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Oct 2023 | 63 | 0% | 67% | 33% | 33% |
| 01 Jan 2022 - 30 Jun 2022 | 13 Oct 2023 |
Company Summary
EDF Energy Renewables Holdings Limited is a leading renewable energy company in the United Kingdom
The company is committed to sustainable practices and has a strong sustainability program in place
Their main focus is on developing, building, and operating renewable energy projects, including wind, solar, and battery storage
They also offer energy management and advisory services to businesses and organizations
The key people in the company include CEO Matthieu Hue, who has over 20 years of experience in the energy industry, and Director of Operations Matt Partridge, who has extensive knowledge in renewable energy project development
The company's sustainability program includes initiatives such as reducing their carbon footprint, promoting biodiversity, and supporting local communities through their projects
They also have a strong commitment to health and safety in all their operations
EDF Energy Renewables Holdings Limited is headquartered in London and their registered office address is located at 90 Whitfield Street, London, W1T 4EZ
Their website address is www.edfenergy.com/renewables
In summary, EDF Energy Renewables Holdings Limited is a leading renewable energy company in the UK with a strong commitment to sustainability
They offer a range of renewable energy products and services, and their key people have extensive experience in the industry
Their sustainability program and focus on community support make them a responsible and socially conscious company
Company Review
Trend Analysis
The average time for EDF ENERGY RENEWABLES HOLDINGS LIMITED to pay invoices has decreased over the three periods, from 63 days in 2022 to 52 days in 2023. This indicates an improvement in payment efficiency.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated, with a decrease from 0% in the first period to 25% in the second period, followed by an increase to 38% in the third period. This suggests some inconsistency in the company's payment practices.
Summary Analysis
From Jan 2022 to Dec 2023, EDF ENERGY RENEWABLES HOLDINGS LIMITED has shown an improvement in their payment efficiency, with a decrease in the average time to pay invoices by 17% (from 63 days to 52 days). However, there is some volatility in their payment practices, with the percentage of invoices paid within 30 days fluctuating between 0% to 38%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
By negotiation or other exception some suppliers are paid on terms less than 60 days. The Company operates a process of paying once or twice each week. This is balanced by paying early for some invoices and later for others. Over the supplier base and over time this averages out to zero days late, but does impact our late payment figures without early payments being reflected.
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
Suppliers must contact the individual named on the purchase order. After that a resolution is achieved based on the relevant provisions set out in the contract.
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