PRYSMIAN POWERLINK SERVICES LIMITED
Company Information
- Company Number
- 07656179
- Registered Address
- Prysmian, Chickenhall Lane, Eastleigh, Hampshire, SO50 6YU
- Status
- Active
- Employee Count
- 34
- Turnover
- £72,739,000
- EBITDA
- £14,988,000
Additional Details
- Website
- https://prysmiangroup.com
- Company Type
- Private limited Company
- Incorporated On
- 2 June 2011
- Nature of Business
- 43999 - Other specialised construction activities not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2024 - 30 Jun 2024 | 10 Dec 2024 | 49 | 28% | 39% | 33% | 55% |
| 01 Jan 2023 - 30 Jun 2023 | 30 Jan 2024 | 44 | 42% | 32% | 27% | 71% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Dec 2023 | 49 | 28% | 42% | 30% | 60% |
| 01 Jan 2022 - 30 Jun 2022 | 13 Dec 2023 | 63 | 22% | 32% | 46% | 58% |
| 01 Jul 2021 - 31 Dec 2021 | 13 Dec 2023 | 58 | 81% | 12% | 7% | 77% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Dec 2023 | 67 | 77% | 10% | 13% | 58% |
| 01 Jul 2020 - 31 Dec 2020 | 13 Dec 2023 | 46 | 87% | 7% | 6% | 59% |
| 01 Jan 2020 - 30 Jun 2020 | 13 Dec 2023 | 51 | 81% | 11% | 8% | 71% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Dec 2023 | 56 | 74% | 13% | 14% | 91% |
| 01 Jan 2019 - 30 Jun 2019 | 13 Dec 2023 | 48 | 80% | 8% | 12% | 86% |
| 01 Jul 2018 - 31 Dec 2018 | 13 Dec 2023 | 50 | 24% | 48% | 28% | 75% |
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
End of month of invoice date + 66 days
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
120
Dispute Resolution Process
Disputes are directed to the Accounts payables shared service centre. The shared service centre will assign to the UK Focal point who will direct the dispute to the appropriate person in the business, the requisitioner or the procurement manager. If the matter cannot be resolved further escalation can be made to the Procurement Director. Where an invoice is subject to a dispute or query, the full invoice will be held in dispute until an agreement is reached between both parties. A credit note must be raised by the supplier immediately upon a dispute being upheld. Payment of the invoice will be made once the credit note has been received and validated.
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
PRYSMIAN POWERLINK SERVICES LIMITED is a UK-based company that provides power cable and network services for the energy and telecommunications sectors. The company is a subsidiary of Prysmian Group, a global leader in the cable industry.
The company offers a range of products and services including design, installation, and maintenance of power cables and networks, as well as project management and engineering solutions. Their services also include cable laying, jointing, and testing for both onshore and offshore projects.
PRYSMIAN POWERLINK SERVICES LIMITED is committed to sustainability and has implemented various initiatives to reduce its environmental impact. They have a sustainability program in place that focuses on energy efficiency, waste reduction, and responsible sourcing of materials. The company also promotes employee health and safety, as well as community engagement through various initiatives.
The key people at PRYSMIAN POWERLINK SERVICES LIMITED include the Managing Director, Chris Gibbs, and the Commercial Director, Kevin Wood. They lead a team of experienced professionals who are dedicated to providing high-quality services to their clients.
The registered office address of PRYSMIAN POWERLINK SERVICES LIMITED is at 2nd Floor, Building 22, 566 Chiswick High Road, London W4 5YF. Their website, www.prysmianpowerlink.com, provides more information about their products and services, as well as their sustainability efforts.
In summary, PRYSMIAN POWERLINK SERVICES LIMITED is a leading provider of power cable and network services, with a strong commitment to sustainability. Their range of products and services, along with their experienced team and dedication to sustainability, make them a reliable choice for clients in the energy and telecommunications sectors.
