CUBICO SUSTAINABLE INVESTMENTS LIMITED
Company Information
- Company Number
- 09263711
- Registered Address
- Cubico Sustainable Investments, 70 St Mary Axe, London, United Kingdom, EC3A 8BE
- Status
- Active
- Employee Count
- 69.0
- Turnover
- 0.0
- EBITDA
- 123830000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 October 2014
- Nature of Business
- 35110 - Production of electricity
- Industries
- Property,Infrastructure And Construction
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 01 Feb 2024 | 16 | 90% | 7% | 3% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Jul 2023 | 13 | 91% | 7% | 2% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Jan 2023 | 12 | 91% | 6% | 3% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 06 Jul 2022 | 15 | 89% | 10% | 1% | 1% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 16 | 82% | 16% | 2% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Nov 2021 | 16 | 80% | 17% | 3% | 3% |
Company Summary
CUBICO SUSTAINABLE INVESTMENTS LIMITED is a leading sustainable investment firm based in the United Kingdom
The company specializes in developing, financing, and managing renewable energy assets
Their sustainability program focuses on creating long-term value for their investors, while also contributing to the global transition towards a low-carbon economy
They achieve this by investing in wind, solar, and hydro projects that generate clean and renewable energy
CUBICO SUSTAINABLE INVESTMENTS LIMITED offers a range of products and services to their clients, including financial support, project development, and asset management
Their team of experts works closely with project developers and local communities to ensure that their investments have a positive impact on the environment and the surrounding communities
The key people at CUBICO SUSTAINABLE INVESTMENTS LIMITED include the CEO, David Swindin, and the Chairman, Ricardo Fernandez Garcia
They have a team of experienced professionals who are dedicated to driving sustainable growth and delivering strong returns for their investors
To learn more about CUBICO SUSTAINABLE INVESTMENTS LIMITED and their sustainability efforts, one can visit their website at www.cubicoinvest.com
Their registered office address is at 10 Queen Street Place, London, EC4R 1AG, United Kingdom
Company Review
Trend Analysis
The average time taken by CUBICO SUSTAINABLE INVESTMENTS LIMITED to pay invoices to suppliers has decreased by 3 days between the start date of 2021-01-01 and the end date of 2023-12-31. This shows a positive trend of the company paying invoices more quickly over time.
Volatility Analysis
The volatility in the average time taken to pay invoices by CUBICO SUSTAINABLE INVESTMENTS LIMITED has decreased over the three periods, with a decrease of 1 day between the start date of 2021-01-01 and the end date of 2023-12-31. This indicates a more consistent payment pattern by the company over time.
Summary Analysis
Between the start date of 2021-01-01 and the end date of 2023-12-31, CUBICO SUSTAINABLE INVESTMENTS LIMITED has shown improvements in their payment patterns. The average time taken to pay invoices has decreased by 3 days, with an increase in the percentage of invoices paid within 30 days by 10%. The percentage of invoices paid later than 60 days has also decreased by 1%. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days by 1%. Overall, the company has shown a positive trend towards early payment of invoices.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment within 30 days of receipt of invoice
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
60
Dispute Resolution Process
Disputes or complaints regarding Cubico's Accounts Payable (AP) function are escalated to the Group Finance Director. After reviewing all materials, the Cubico Group Finance Director assesses the validity of the dispute and recommends the outcome, for example, settling the outstanding invoice or requesting a credit note / amended invoice.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available