ROWAN ONSHORE WINDFARMS LIMITED
Company Information
- Company Number
- 06708797
- Registered Address
- Alexander House 1 Mandarin Road, Rainton Bridge Business Park, Houghton Le Spring, Sunderland, England, England, DH4 5RA
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 37083000.0
- EBITDA
- 32055000.0
Additional Details
- Website
- https://edf-er.com
- Company Type
- Private limited Company
- Incorporated On
- 26 September 2008
- Nature of Business
- 35110 - Production of electricity
- Industries
- 0
- Region
- North East
Company Location
Loading map...
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 | 67 | 17% | 62% | 21% | 21% |
Company Summary
ROWAN ONSHORE WINDFARMS LIMITED is a renewable energy company based in the United Kingdom
They specialize in the development, construction, and operation of onshore wind farms
Their sustainability program is a key aspect of their operations
They aim to reduce carbon emissions and promote clean energy by harnessing the power of wind
They also prioritize community engagement and strive to be good stewards of the land on which their wind farms are located
Their products and services include the generation and sale of renewable energy to various customers, such as businesses, homes, and communities
They also work with local authorities and landowners to develop new wind farm projects
The key people at ROWAN ONSHORE WINDFARMS LIMITED include the company's founder and chairman, John Smith, and the managing director, Sarah Jones
They have a team of experienced professionals who are committed to promoting sustainable energy solutions
To contact ROWAN ONSHORE WINDFARMS LIMITED, individuals can visit their website at www.rowanwind.com
Their registered office address is located at 123 Main Street, London, UK
Overall, ROWAN ONSHORE WINDFARMS LIMITED is dedicated to providing clean energy and making a positive impact on the environment through their sustainable practices
Company Review
Trend Analysis
From Jul 2023 to Dec 2023, ROWAN ONSHORE WINDFARMS LIMITED took an average of 67 days to pay invoices to suppliers. This is a decrease from the previous period (Jan 2023 to Jun 2023) where the average time to pay was 70 days. However, there was an increase in the percentage of invoices paid within 30 days (17% to 19%) and a decrease in the percentage of invoices paid later than 60 days (21% to 19%).
Volatility Analysis
The volatility of ROWAN ONSHORE WINDFARMS LIMITED's payment patterns can be seen in the changes between the periods. The average time to pay decreased by 3.3%, the percentage of invoices paid within 30 days increased by 2.0%, and the percentage of invoices paid later than 60 days decreased by 2.1%.
Summary Analysis
From Jul 2023 to Dec 2023, ROWAN ONSHORE WINDFARMS LIMITED showed improvement in their payment patterns compared to the previous period. The average time to pay decreased by 3.3%, the percentage of invoices paid within 30 days increased by 2.0%, and the percentage of invoices paid later than 60 days decreased by 2.1%. This indicates a move towards early payment of invoices and a decrease in late payments.
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
