The data shows that the average time taken for ORSTED POWER SALES (UK) LIMITED to pay invoices to suppliers has been decreasing over the past three periods. In the first period (Jan 2019 - Jun 2019), the average time to pay was not available. However, in the second period (Jul 2019 - Dec 2019), it was 0 days. In the third period (Jan 2020 - Jun 2020), it further decreased to -5 days. This trend suggests that the company has been paying its invoices earlier over time.
The data also shows that there has been a decrease in the volatility of the time taken to pay invoices. In the first period, the data was not available, but in the second period, there was a 0-day difference in the time taken to pay. In the third period, there was a further decrease of 5 days. This suggests that there has been a consistent and steady improvement in the company's payment efficiency.
Going back three periods, the data for ORSTED POWER SALES (UK) LIMITED shows a consistent improvement in their payment efficiency. In the second period (Jul 2019 - Dec 2019), the company was able to pay all invoices within 30 days, indicating a 100% rate. In the third period (Jan 2020 - Jun 2020), the company was able to pay all invoices within -5 days, showing a significant improvement. This trend suggests that the company has been paying invoices earlier and more efficiently over time.
| 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 | 22 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 13 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 03 Aug 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 13 Mar 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 02 Aug 2019 |
Orsted Power Sales UK Limited is a registered UK company with the stated business activity of trade of electricity. It is incorporated in London and appears to operate as part of the wider Orsted group, which is active in the energy sector. No further details of its specific trading operations, customers or scale are available from the evidence provided. Based on the company's registered SIC classification, its role centres on the sale or trading of electricity within the UK market, likely supporting the broader group's energy generation and supply activities rather than undertaking manufacturing or infrastructure work itself.
Generated from the company's website and Companies House records.