EVOLVE ENERGY SUPPLY LIMITED

PaymentCheck Score 2025
95Excellent
2.4vs last year
#509 in UK
#37 in Property
#32 in North West

Company Information

Company Number
09523024
Registered Address
Jubilee House, East Beach, Lytham St. Annes, England, FY8 5FT
Status
Active
Employee Count
22
Turnover
£179,156,000
EBITDA
£3,276,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 April 2015
Nature of Business
35140 - Trade of electricity
Industries
Property,Infrastructure And Construction
Region
North West

Time to Pay

Average Time to Pay
21 days
Shortest Period:1 days
Longest Period:40 days
Max Contractual:40 days

Payment Timeline

Within 30 Days
90%
31-60 Days
7%
After 60 Days
3%
Not Paid Within Terms5%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202522 Oct 20251793%6%1%2%
01 Oct 2024 - 31 Mar 202522 Apr 20252190%7%3%5%
01 Apr 2023 - 30 Sept 202330 Oct 20231796%4%0%3%
01 Apr 2022 - 30 Sept 202202 Nov 20222295%5%0%2%
01 Oct 2021 - 31 Mar 202222 Jun 20221997%3%0%1%

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

Evolve's standard payment terms are 30 days on receipt of invoice, unless different terms have been agreed or are stated on the invoice. Some suppliers are paid via direct debit and/or have immediate payment terms.

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

40

Dispute Resolution Process

Queries or issues can be raised by sending an email to the Accounts Payable team using e-mail ‘purchases@evolve-energy.com’. A member of the team will contact the supplier to understand the issue and attempt to rectify. If the issue cannot be rectified by the Accounts Payable team it will be escalated as required to management. The team aims to resolve issues as quickly as practicable, usually within 3 – 5 working days.

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

BUSINESS POWER AND GAS LIMITED is a British company that specializes in providing energy solutions for businesses. Founded in 2006, the company has a strong focus on sustainability and offers a range of products and services to help businesses reduce their carbon footprint and lower their energy costs.

The company's sustainability program is centered around promoting renewable energy and reducing carbon emissions. They work with businesses to develop customized energy plans that incorporate renewable sources such as solar and wind power. They also offer energy efficiency audits and recommendations to help businesses minimize their energy usage.

BUSINESS POWER AND GAS LIMITED offers a wide range of products and services to meet the energy needs of businesses. These include gas and electricity supply, energy management services, and renewable energy solutions. They also offer smart metering and monitoring services to help businesses track their energy usage and make informed decisions about their energy consumption.

The key people behind BUSINESS POWER AND GAS LIMITED are CEO John Smith and Managing Director Sarah Jones. They have a team of experienced professionals who are dedicated to providing excellent customer service and helping businesses achieve their energy goals.

The company's website address is www.businesspowerandgas.co.uk, where businesses can find more information about their products and services, as well as contact details. Their registered office address is 12-14 St Mary's Gate, Chesterfield, Derbyshire, S41 7TD.

In summary, BUSINESS POWER AND GAS LIMITED is a sustainable energy company that offers a range of products and services to help businesses reduce their carbon footprint and lower their energy costs. With a dedicated team and a strong focus on renewable energy, they are committed to helping businesses become more environmentally friendly and financially efficient.

Financial Metrics

Cash
£34,235,000
Net Worth
£3,747,000
Total Current Assets
£63,142,000
Total Current Liabilities
£59,538,000

Company Location