CANADIAN SOLAR SSES (UK) LTD
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 equipment33200 - Installation of industrial machinery and equipment46690 - Wholesale of other machinery and equipment
- Industries
- Property, Infrastructure And Construction, Supply Chain, Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 23 | 89% | 8% | 3% | 27% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 24 | 81% | 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.
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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?
❌
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.