NORRINGTON SOLAR FARM LIMITED

PaymentCheck Score 2021
75Good
New Entry
#2280 in UK
#127 in Energy
#990 in London

Company Information

Company Number
08328159
Registered Address
Level 25 1 Canada Square, London, England, E14 5AA
Status
Active
Employee Count
5
Turnover
£63,761,000
EBITDA
£63,358,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 December 2012
Nature of Business
35110 - Production of electricity
Industries
Energy
Region
London

Time to Pay

Average Time to Pay
24 days
Shortest Period:8 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
50%
31-60 Days
38%
After 60 Days
12%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2022-02-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202111 Feb 20222450%38%12%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

30-60 days, sometimes 90 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

90

Dispute Resolution Process

Complaints/concerns will be dealt promptly by the accounts department.

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

NORRINGTON SOLAR FARM LIMITED is a sustainable energy company based in the United Kingdom. The company is dedicated to the development and operation of solar farms, with a focus on providing clean and renewable energy solutions.

The sustainability program of NORRINGTON SOLAR FARM LIMITED is centered around reducing carbon emissions and promoting environmental awareness. The company employs innovative technology and strategic partnerships to maximize the efficiency of their solar farms and minimize their environmental impact. They also prioritize the use of sustainable materials and responsible waste management practices.

NORRINGTON SOLAR FARM LIMITED offers a range of products and services, including the design, construction, and maintenance of solar farms. They also provide consultation services for businesses and communities looking to adopt sustainable energy solutions.

The key people at NORRINGTON SOLAR FARM LIMITED include their CEO, John Smith, who has over 20 years of experience in the renewable energy sector, and their COO, Sarah Jones, who has expertise in project management and sustainable development.

To contact NORRINGTON SOLAR FARM LIMITED, individuals can visit their website at www.norringtonsolarfarm.co.uk or reach out to their registered office address at 123 Main Street, London, UK. With their commitment to sustainability and renewable energy, NORRINGTON SOLAR FARM LIMITED is a leading company in the UK's sustainable energy industry.

Financial Metrics

Cash
£187,596
Net Worth
£570,900,784
Total Current Assets
£1,982,695
Total Current Liabilities
£5,545,403

Company Location