CANADIAN SOLAR SSES (UK) LTD

PaymentCheck Score 2025
87Good
7.2vs last year
#1199 in UK
#63 in Property
#533 in London

Company Information

Company Number
12370408
Registered Address
5th Floor, 2 Copthall Avenue, London, England, EC2R 7DA
Status
Active
Employee Count
14
Turnover
£138,933,000
EBITDA
£2,551,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 December 2019
Nature of Business
33140 - Repair of electrical equipment
33200 - Installation of industrial machinery and equipment
46690 - Wholesale of other machinery and equipment
Industries
Property, Infrastructure And Construction, Supply Chain, Manufacturing And Commerce Models
Region
London

Time to Pay

Average Time to Pay
23 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
89%
31-60 Days
8%
After 60 Days
3%
Not Paid Within Terms27%

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)

Company Review

Trend Analysis

CANADIAN SOLAR SSES (UK) LTD demonstrates a strong trend towards prompt payments, with an impressive average payment time of 23 days and 89% of invoices settled within 30 days. This indicates a consistent trajectory of settling obligations well within standard commercial terms, favoring reliable cash flow for suppliers.

Volatility Analysis

While most payments are prompt, the 27% late payment rate and 11% extending beyond 30 days (including 3% over 60 days) introduce some volatility regarding absolute payment timeliness. This suggests a minor degree of unpredictability for a subset of invoices, rather than completely consistent on-time performance for all.

Summary Analysis

Overall, CANADIAN SOLAR SSES (UK) LTD presents a generally low payment risk profile, predominantly settling invoices well within 30 days. Suppliers can expect prompt payment for the vast majority of transactions, making this a favorable partner. To mitigate the minor risk of delayed payments, suppliers should establish clear payment terms and monitor invoices that fall into the small percentage exceeding 60 days.

Performance Reports History

Reporting Period Filed: 2025-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202525 Jul 20252389%8%3%27%
01 Jan 2024 - 30 Jun 202423 Jul 20242481%16%3%45%

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

Net 30 days

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

45

Dispute Resolution Process

NA

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

CANADIAN SOLAR SSES (UK) LTD is a private limited company operating in the UK, specialising in solar energy solutions. Its name indicates a focus on solar technologies and related services.

The company, an active private limited company, was incorporated on 18 December 2019 under company number 12370408. Its registered office is located in London at 5th Floor, 2 Copthall Avenue, EC2R 7DA.

Companies of this nature typically specialise in the development, installation, and operation of solar energy projects. Their activities often include the distribution and sale of solar photovoltaic (PV) panels and related components, as well as providing comprehensive renewable energy solutions and maintenance services within the UK market.

Financial Metrics

Cash
£54,700,000
Net Worth
£17,700,000
Total Current Assets
£96,900,000
Total Current Liabilities
£46,300,000

Company Location