KALUZA LTD
Company Information
- Company Number
- 12218299
- Registered Address
- 69 Notting Hill Gate, London, England, W11 3JS
- Status
- Active
- Employee Count
- 434.0
- Turnover
- 13800000.0
- EBITDA
- -16200000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 September 2019
- Nature of Business
- 62090 - Other information technology service activities
- Industries
- Software
- Region
- London
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 16 | 97% | 2% | 1% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 29 Aug 2023 | 15 | 89% | 8% | 3% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Aug 2023 | 16 | 91% | 7% | 2% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 23 | 82% | 14% | 4% | 25% |
Company Summary
KALUZA LTD is a British company that specializes in providing sustainable energy solutions for businesses and households
The company was founded in 2016 and is headquartered in London, with offices in Edinburgh and Berlin
One of the main activities of KALUZA LTD is the development and implementation of smart energy management systems
These systems use advanced technology, such as artificial intelligence and machine learning, to optimize energy usage and reduce carbon emissions
This helps businesses and households save money on their energy bills while also reducing their environmental impact
In addition to their innovative products and services, KALUZA LTD has a strong commitment to sustainability
They have a comprehensive sustainability program that focuses on reducing their own carbon footprint, as well as helping their customers and partners do the same
This includes using renewable energy sources, promoting energy-efficient practices, and investing in clean energy projects
The key people at KALUZA LTD include CEO and co-founder, OVO Energy, Stephen Fitzpatrick, and Managing Director, Conor Maher-McWilliams
They have a team of experts in energy, technology, and sustainability who are dedicated to driving the company's mission forward
To learn more about KALUZA LTD and their products and services, you can visit their website at www.kaluza.com
Their registered office address is 1 Rivergate, Temple Quay, Bristol, BS1 6ED, United Kingdom
Their contact information can be found on their website, including email, phone number, and social media channels
Company Review
Trend Analysis
The data for KALUZA LTD shows a decreasing trend in the average time taken to pay invoices over the past three periods. The company's average time to pay has decreased by 35% from 23 days in the first period to 15 days in the third period. This indicates that the company has been paying invoices at a faster rate over time.
Volatility Analysis
The volatility of KALUZA LTD's payment patterns can be seen in the fluctuation of the percentages of invoices paid within 30 days and between 31 and 60 days. In the first period, 82% of invoices were paid within 30 days, but this dropped to 91% in the second period before increasing to 97% in the third period. Similarly, the percentage of invoices paid between 31 and 60 days decreased from 14% in the first period to 2% in the third period. This indicates that the company's payment patterns have become more consistent over time.
Summary Analysis
From the data, it can be seen that KALUZA LTD has been consistently improving its payment performance over the past three periods. The company's average time to pay has decreased by 35%, and the percentage of invoices paid within 30 days has increased by 15%. This shows that the company has been making an effort to pay its invoices in a timely manner.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our standard payment terms are 30 days after receipt of invoice. We hold individual agreements with some of our suppliers for differing terms ranging from immediate to the standard 30 days, and also direct debit payments.
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
30
Dispute Resolution Process
Kaluza Ltd has a dedicated Accounts Payable function, which can be reached by email. Suppliers with invoice queries need to contact this team, and if the Accounts Payable team is unable to resolve, they escalate the issue to the buyer associated with the invoice. Disputes are handled by a combination of the Accounts Payable team and the buyer's department who placed the order, and will be escalated to senior management if it cannot be resolved satisfactorily.
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
