OPW HOLDCO LIMITED

PaymentCheck Score 2024
93Excellent
0.1vs last year
#703 in UK
#32 in East of England

Company Information

Company Number
07254492
Registered Address
Unit 2a, Century Mews, 100a Church Road, Tiptree, Essex, England, CO5 0AB
Status
Active
Employee Count
0
Turnover
£56,460,000
EBITDA
£18,594,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 May 2010
Nature of Business
35140 - Trade of electricity
Industries
Coming Soon
Region
East of England

Time to Pay

Average Time to Pay
26 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
98%
31-60 Days
2%
After 60 Days
0%
Not Paid Within Terms2%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20252995%5%0%0%
01 Jan 2024 - 30 Jun 202430 Jul 20242698%2%0%2%
01 Jul 2023 - 31 Dec 202330 Jan 202428100%0%0%0%
01 Jan 2023 - 30 Jun 202327 Jul 20232991%9%0%0%
01 Jul 2022 - 31 Dec 202223 Jan 20232994%6%0%0%
01 Jan 2022 - 30 Jun 202230 Jul 20222897%3%0%0%
01 Jul 2020 - 31 Dec 202029 Jan 202127100%0%0%0%
01 Jan 2020 - 30 Jun 202030 Jul 20202996%4%0%0%
01 Jan 2019 - 30 Jun 201925 Jul 201927100%0%0%0%
01 Jan 2018 - 30 Jun 201826 Jul 20182995%5%0%0%

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

30 days from receipt of invoice.

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

If an invoice is disputed, contact will be made with the supplier for resolution.

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

Company Summary

OPW HOLDCO LIMITED is a company based in the United Kingdom that specializes in providing sustainable solutions for the oil and gas industry. They offer a range of products and services aimed at reducing environmental impact and promoting sustainability.

The company's sustainability program includes initiatives such as reducing carbon emissions and waste, promoting renewable energy sources, and implementing sustainable practices in their operations. They also have a strong focus on promoting social responsibility and ethical business practices.

OPW HOLDCO LIMITED offers a variety of products and services, including leak detection systems, fuel management systems, and tank gauging equipment. These products are designed to help companies in the oil and gas industry improve their efficiency and reduce their environmental impact.

The key people at OPW HOLDCO LIMITED include their CEO, Johnathan Sheppard, and their Chairman, Paul Nunn. They have a dedicated team of professionals who are committed to driving the company's sustainability goals.

If you wish to contact OPW HOLDCO LIMITED, you can visit their website at www.opwglobal.com or reach out to their registered office at 21 Old Mill Road, Portadown, Co. Armagh, BT63 5XU, United Kingdom. Overall, OPW HOLDCO LIMITED is a leading company in the oil and gas industry that is dedicated to promoting sustainability and providing innovative solutions for a greener future.

Financial Metrics

Cash
£8,220,000
Net Worth
£54,727,000
Total Current Assets
£35,686,000
Total Current Liabilities
£36,561,000

Company Location