VESTAS OFFSHORE WIND BLADES UK LTD
Company Information
- Company Number
- 09170456
- Registered Address
- West Medina Mills, Stag Lane, Newport, Isle Of Wight, PO30 5TR
- Status
- Active
- Employee Count
- 680
- Turnover
- £80,708,000
- EBITDA
- £23,341,000
Additional Details
- Website
- https://www.vestas.com
- Company Type
- Private limited Company
- Incorporated On
- 11 August 2014
- Nature of Business
- 28110 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines33190 - Repair of other equipment
- Industries
- Property,Infrastructure And Construction
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 2025 - 30 Jun 2025 | 12 Aug 2025 | 28 | 65% | 20% | 15% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 05 Aug 2022 | 39 | 45% | 30% | 26% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 49 | 29% | 34% | 37% | 29% |
| 01 Jan 2021 - 30 Jun 2021 | 12 Oct 2021 | 49 | 24% | 37% | 38% | 37% |
| 01 Apr 2018 - 30 Sept 2018 | 06 Nov 2018 | 52 | 20% | 42% | 38% | 24% |
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 plus 60 days plus 5 is our target payment terms. For smaller suppliers with spend below €50k it is 30 days End of month plus 5 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The business standard payment terms are end of month plus 60 days plus 5 - variations are agreed for individual circumstances.
Maximum contractual payment period agreed
125
Dispute Resolution Process
Invoices that cannot be validated are queried out to the business using an integrated workflow solution which is constantly monitored to ensure responses are received in the required timescales. Vendors can contact the Shared Service Centre Help desk with any queries via email or phone Monday to Friday. A ticketing solution is used to monitor queries where the answer is not provided instantly. Invoices to NEUVWSinvoices@vestas.com, Payment and any other queries to financesscsap@vestas.com Statements to financesscsoa@vestas.com
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
VESTAS OFFSHORE WIND BLADES UK LTD is a leading company in the renewable energy industry, specializing in the design, manufacturing and installation of wind turbines and blades
The company is committed to promoting sustainability and reducing carbon footprint through its operations.\n\nThe company's sustainability program is focused on reducing energy consumption, minimizing waste and promoting eco-friendly practices
VESTAS OFFSHORE WIND BLADES UK LTD also works closely with local communities to support economic growth and create job opportunities in the renewable energy sector.\n\nTheir products and services include offshore wind turbines and blades, as well as maintenance and service solutions for wind energy projects
These products are designed to maximize energy production, while minimizing environmental impact.\n\nKey people in the company include the CEO, Henrik Andersen, and the Vice President of Sales, Anders Vedel
They lead a team of experts in the field of renewable energy, ensuring the company's success and growth in the industry.\n\nCustomers can contact VESTAS OFFSHORE WIND BLADES UK LTD through their website, where they can find more information about the company's products and services
The registered office address is located in Isle of Wight, UK.\n\nIn summary, VESTAS OFFSHORE WIND BLADES UK LTD is a sustainable company that provides innovative products and services in the renewable energy sector
With a strong commitment to sustainability and a team of experienced professionals, the company is making a significant impact in the fight against climate change
