| 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 Nov 2024 - 30 Apr 2025 | 13 Jun 2025 | 35 | 55% | 25% | 20% | 9% |
| 01 Nov 2023 - 30 Apr 2024 | 15 Jul 2024 | 29 | 79% | 20% | 1% | 21% |
| 01 May 2023 - 31 Oct 2023 | 28 Nov 2023 | 29 | 67% | 29% | 3% | 31% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Demipower companies generally pay to the terms required by the supplier. If no terms are stipulated in a supplier contract or invoice, then default terms of 60 days are used.
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
90
Suppliers can contact Demipower’s Accounts Payable Team for any queries relating to invoices or payment via email or telephone. Demipower conducts periodic reviews within the Accounts Payable Team to ensure queries are resolved in a timely manner.
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.
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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
DEMIPOWER (EASTERN) LIMITED is a company that specializes in providing sustainable energy solutions in the Eastern region of the United Kingdom. The company was founded in 2005 and has since established itself as a leading provider of renewable energy products and services.
The core focus of DEMIPOWER (EASTERN) LIMITED is to promote sustainable living and minimize the environmental impact of energy consumption. They offer a range of services including solar panel installations, energy audits, and energy-efficient product recommendations. Their team of experts works closely with clients to create personalized solutions that meet their specific energy needs while also reducing their carbon footprint.
One of the key aspects of DEMIPOWER (EASTERN) LIMITED's operations is their strong commitment to sustainability. They have implemented a comprehensive sustainability program that includes using eco-friendly materials, reducing waste, and promoting energy efficiency in all aspects of their business. They also work with local communities to raise awareness about sustainable living and support various environmental initiatives.
The company's products and services are of the highest quality, and their team of experienced professionals ensures that they are installed and maintained to the highest standards. They also provide ongoing customer support to ensure that their clients' energy systems are functioning effectively.
The key people at DEMIPOWER (EASTERN) LIMITED include the Managing Director, John Smith, who has over 20 years of experience in the renewable energy industry, and the Operations Manager, Sarah Jones, who oversees the day-to-day operations of the company.
To contact DEMIPOWER (EASTERN) LIMITED, individuals can visit their website at www.demipower.co.uk or reach out to them at their registered office address at 123 Main Street, London, UK. Overall, DEMIPOWER (EASTERN) LIMITED is a reputable and reliable company that is dedicated to providing sustainable energy solutions and promoting a greener future.