SSE ENERGY MARKETS LIMITED
Company Information
- Company Number
- 09442646
- Registered Address
- No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 February 2015
- Nature of Business
- 35140 - Trade of electricity
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SSE ENERGY MARKETS LIMITED demonstrates a strong trend of prompt payments, with an impressive average payment time of just 18 days. A remarkable 97% of invoices are settled within 30 days, indicating consistent and highly favorable payment speed for suppliers.
Volatility Analysis
Despite the rapid average payment time, the 25% late payment rate introduces some unpredictability regarding specific invoice due dates. However, only 3% of payments extend beyond 30 days (2% between 31-60 days, 1% over 60 days), indicating that significant payment delays are rare and largely contained.
Summary Analysis
Overall, SSE ENERGY MARKETS LIMITED presents a low payment risk profile, making it a favorable partner for suppliers due to its consistently fast payment speed. Suppliers should factor in the 25% late payment rate for cash flow forecasting, even though actual prolonged delays are minimal. Implementing clear payment terms and proactive invoicing could further mitigate any minor risk associated with the occasional late payment.
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 Apr 2025 - 30 Sept 2025 | 27 Oct 2025 | 18 | 97% | 2% | 1% | 25% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 23 | 90% | 7% | 3% | 19% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 19 | 93% | 6% | 1% | 18% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 23 | 88% | 9% | 3% | 34% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 23 | 90% | 5% | 5% | 41% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 26 | 84% | 12% | 4% | 37% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 26 | 83% | 12% | 5% | 33% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 27 | 75% | 19% | 5% | 46% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 22 | 86% | 11% | 3% | 50% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 61 | 75% | 3% | 22% | 59% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 58 | 88% | 0% | 12% | 62% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 38 | 70% | 12% | 18% | 58% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 33 | 69% | 18% | 13% | 73% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 29 | 76% | 15% | 9% | 59% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 37 | 77% | 10% | 13% | 82% |
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
SSE's standard payment terms are Nett 30 days but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate.
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
30
Dispute Resolution Process
The Dispute Resolution Process is detailed within the Accounts Payable section at http://sse.com/potential-suppliers/. Alternatively suppliers can also contact the "orderer" directly using the details provided on the Purchase Order
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
SSE ENERGY MARKETS LIMITED is an active private limited company operating within the energy markets sector in the United Kingdom
This type of organisation typically specialises in activities related to the wholesale trading, supply, and optimisation of energy resources
The company was incorporated on 17 February 2015 and operates as Company Number 09442646
Its registered office is located at No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH, situated within the South East region
Companies active in the energy markets sector commonly provide services such as the wholesale purchase and sale of electricity and gas, energy portfolio management, and the development of market strategies
They often focus on optimising energy assets and managing price volatility within the UK energy landscape
