SEAGREEN WIND ENERGY LIMITED
Company Information
- Company Number
- 06873902
- Registered Address
- No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 April 2009
- Nature of Business
- 35110 - Production of electricity
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SEAGREEN WIND ENERGY LIMITED exhibits a strong trend of prompt payments, with an impressive average payment time of 21 days. A significant 93% of invoices are consistently settled within 30 days, indicating a reliable short-term payment cycle. The complete absence of payments extending beyond 60 days further reinforces a positive and efficient payment trajectory.
Volatility Analysis
Payments are largely predictable, with 93% processed within a reliable 30-day timeframe, suggesting low volatility for most transactions. However, the 30% late payment rate, despite the fast average, indicates some invoices may not meet their original due dates, introducing moderate unpredictability in adherence to contractual terms. The 7% of payments falling into the 31-60 day range represents a minor risk factor for suppliers requiring strict 30-day payment compliance.
Summary Analysis
Overall, SEAGREEN WIND ENERGY LIMITED presents a generally favorable payment risk profile due to its rapid average payment time and high percentage of payments within 30 days. Suppliers should proceed, but factor in the 30% late payment rate which implies some invoices are delayed relative to their due dates, despite quick processing. It is advisable to clearly establish and monitor payment terms, especially for the 7% of invoices that may extend beyond the standard 30-day 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 Apr 2025 - 30 Sept 2025 | 28 Oct 2025 | 22 | 94% | 5% | 1% | 24% |
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
SSE's standard payment terms are Nett 30 days but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate.
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
The Dispute Resolution Process is detailed within the Accounts Payable section at http://sse.com/potential-suppliers/. Alternatively suppliers can also contact the "orderer" directly using the details provided on the Purchase Order
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.
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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?
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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
SEAGREEN WIND ENERGY LIMITED is an active private limited company operating within the wind energy sector. Its name reflects a core focus on wind energy projects, with the 'Seagreen' component indicating an emphasis on offshore developments.
The company was incorporated on 8 April 2009 and holds company number 06873902. Its registered office is located at No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH, placing its operational base within the South East region.
Companies operating in the UK wind energy sector typically specialise in the development, construction, operation, and maintenance of wind farms. This often involves detailed project management, comprehensive site assessments, securing regulatory consents, and the generation of renewable electricity for the national grid. These organisations also focus on the ongoing optimisation and efficient management of wind energy assets.
