SIEMENS GAMESA RENEWABLE ENERGY LIMITED
Company Information
- Company Number
- 10253129
- Registered Address
- Blade Factory Sir William Siemens Way, Alexandra Dock, Hull, England, HU9 1TA
- Status
- Active
- Employee Count
- 2161.0
- Turnover
- 660810000.0
- EBITDA
- 52947000.0
Additional Details
- Website
- https://siemens.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 27 June 2016
- Nature of Business
- 42220 - Construction of utility projects for electricity and telecommunications
- Industries
- Property,Infrastructure And Construction
- Region
- Yorkshire and The Humber
Company Location
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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 Apr 2023 - 30 Sept 2023 | 06 Feb 2024 | 31 | 81% | 9% | 10% | 94% |
| 01 Oct 2022 - 31 Mar 2023 | 06 Feb 2024 | 33 | 82% | 6% | 12% | 95% |
| 01 Apr 2022 - 30 Sept 2022 | 06 Feb 2024 | 34 | 79% | 6% | 15% | 94% |
| 01 Oct 2021 - 31 Mar 2022 | 06 Feb 2024 | 30 | 76% | 8% | 16% | 45% |
| 01 Apr 2021 - 30 Sept 2021 | 06 Feb 2024 | 32 | 69% | 11% | 20% | 55% |
| 01 Oct 2020 - 31 Mar 2021 | 06 Feb 2024 | 28 | 70% | 14% | 16% | 60% |
| 01 Apr 2020 - 30 Sept 2020 | 27 Oct 2020 | 44 | 47% | 24% | 29% | 25% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 47 | 41% | 25% | 34% | 31% |
| 01 Apr 2019 - 30 Sept 2019 | 01 Nov 2019 | 45 | 45% | 23% | 32% | 34% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 44 | 46% | 21% | 33% | 32% |
Company Summary
SIEMENS GAMESA RENEWABLE ENERGY LIMITED is a leading global company in the field of renewable energy, providing innovative and sustainable solutions for the generation of clean and efficient energy
The company is committed to promoting a greener and more sustainable future for all
The company offers a wide range of products and services, including wind turbines, onshore and offshore wind power solutions, and maintenance and support services
These products and services are designed to meet the increasing demand for clean energy and to reduce the carbon footprint
SIEMENS GAMESA RENEWABLE ENERGY LIMITED has a strong sustainability program in place, with a focus on reducing environmental impact, promoting social responsibility, and ensuring ethical business practices
The company is dedicated to using renewable resources, reducing waste and emissions, and promoting energy efficiency
The key people at SIEMENS GAMESA RENEWABLE ENERGY LIMITED are its CEO, Markus Tacke, and its Chairman, Andreas Nauen
Together, they lead a team of talented and dedicated professionals who are committed to driving the company towards its sustainability goals
For more information on SIEMENS GAMESA RENEWABLE ENERGY LIMITED and its products and services, you can visit their official website at www.siemensgamesa.com
The company's registered office address is located at Siemens Gamesa Renewable Energy Limited, 1st Floor, 1 Grand Canal Square, Grand Canal Harbour, Dublin 2, Ireland
Company Review
Trend Analysis
The average time taken for SIEMENS GAMESA RENEWABLE ENERGY LIMITED to pay invoices has fluctuated over the past 5 years, with a decrease in the most recent period. The percentage of invoices paid within 30 days has also increased over time, while the percentage of invoices paid later than 60 days has decreased.
Volatility Analysis
The data for SIEMENS GAMESA RENEWABLE ENERGY LIMITED shows a moderate level of volatility, with some fluctuations in the average time taken to pay invoices and the percentage of invoices paid within 30 days. However, the percentage of invoices paid later than 60 days has remained relatively stable.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment terms are assigned by the Business units on a case by case basis
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
120
Dispute Resolution Process
1) Central Accounts Payable (AP) team for payment enquiries, contact points via e-mail. Relevant details are on Purchase Orders. E-mail SGRE_UKI_AP_IN@siemensgamesa.com 2) AP liaise with supplier to obtain and process missing invoices a) Check existing systems (scan provider/invoice process queue to see if invoice already in query and/or returned to suppler) 3) AP liaise with suppliers to confirm payment details (past and upcoming) 4) AP liaise with approvers to release overdue invoices for payment 5) Special team deals with ‘final demand’ cases and legal notices and escalations re overdue invoices
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
