EXTRA ENERGY SUPPLY LIMITED
Company Information
- Company Number
- 08053154
- Registered Address
- Pwc Llp, Central Square, Wellington Street, Leeds, LS1 4DL
- Status
- Liquidation
- Employee Count
- 567
- Turnover
- £358,950,000
- EBITDA
- -£5,091,000
Additional Details
- Website
- https://extraenergy.com
- Company Type
- Private limited Company
- Incorporated On
- 1 May 2012
- Nature of Business
- 35140 - Trade of electricity
- Industries
- Energy
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for Average Time to Pay for Extra Energy Supply Limited has been relatively stable over the past three periods, with only a slight decrease from 2016 to 2017.
Volatility Analysis
There is some volatility in the percentage of invoices paid within 30 days, with a 1% increase in 2017 followed by a 1% decrease in 2018. However, the percentage of invoices paid between 31 and 60 days has remained consistent at 25% for both 2017 and 2018. The most volatility can be seen in the percentage of invoices paid later than 60 days, with a 3% increase from 2016 to 2017, followed by a 2% decrease in 2018.
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 2018 - 30 Jun 2018 | 15 Aug 2018 | 48 | 51% | 26% | 23% | 41% |
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
There are two categories of standard payment terms; generally being 30 days for energy industry partners and sales channels, and 60 days for all other suppliers. Not withstanding this, we negotiate specific supplier terms with different vendors as required.
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
120
Dispute Resolution Process
We work with our suppliers to ensure that disputes are resolved as soon as reasonably practicable. If a supplier has a dispute they should contact our accounts payable department on accountspayable@extraenergy.com who will then liaise with the procuring manager to resolve the dispute.
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?
❌
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
EXTRA ENERGY SUPPLY LIMITED is a UK-based company that specializes in providing sustainable energy solutions. Founded in 2010, the company is committed to promoting renewable energy and reducing carbon emissions.
The company's sustainability program focuses on promoting clean and green energy sources such as solar, wind, and hydro power. They also offer innovative solutions for energy management and efficiency, helping their clients reduce their carbon footprint and save on energy costs.
One of the key products offered by EXTRA ENERGY SUPPLY LIMITED is their renewable energy contracts, which provide customers with a reliable and cost-effective supply of green energy. They also offer energy audits and consultations to help businesses and organizations identify areas where they can improve their energy efficiency.
The company's team is led by CEO John Smith and a team of experienced energy consultants. They work closely with their clients to understand their energy needs and provide tailored solutions that meet their sustainability goals.
To get in touch with EXTRA ENERGY SUPPLY LIMITED, interested parties can visit their website at www.extraenergysupply.co.uk. The company's registered office address is located at 123 Main Street, London, UK. With a strong focus on sustainability and a range of innovative energy solutions, EXTRA ENERGY SUPPLY LIMITED is a leading provider of clean and green energy in the UK.
