SSE THERMAL ENERGY OPERATIONS LIMITED
Company Information
- Company Number
- 12697902
- Registered Address
- No. 1 Forbury Place, 43 Forbury Road, Reading, England, RG1 3JH
- Status
- Active
- Employee Count
- 138
- Turnover
- £1,065,300,000
- EBITDA
- £163,400,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 June 2020
- Nature of Business
- 35110 - Production of electricity
- Industries
- Property,Infrastructure And Construction
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for SSE THERMAL ENERGY OPERATIONS LIMITED shows a slight improvement in the average time taken to pay invoices over the past three periods. In the most recent period, the average time to pay was 33 days, compared to 36 days in the previous period and 40 days in the period before that.
Volatility Analysis
The data for SSE THERMAL ENERGY OPERATIONS LIMITED shows some volatility in the % of invoices paid within 30 days and % of invoices paid between 31 and 60 days. However, there is a consistent trend of improvement in both categories over the past three periods.
Summary Analysis
In the most recent period (Apr 2023 - Sept 2023), SSE THERMAL ENERGY OPERATIONS LIMITED took an average of 33 days to pay invoices. This is an improvement from the previous period (Jan 2023 - Mar 2023) where the average time to pay was 36 days, and from the period before that (Oct 2022 - Dec 2022) with an average of 40 days to pay. This shows a positive trend of improving payment times.
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 2025 - 30 Sept 2025 | 28 Oct 2025 | 25 | 94% | 4% | 2% | 18% |
| 01 Oct 2024 - 31 Mar 2025 | 24 Apr 2025 | 26 | 90% | 7% | 3% | 23% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 31 | 83% | 9% | 8% | 31% |
| 01 Oct 2023 - 31 Mar 2024 | 24 Apr 2024 | 34 | 82% | 8% | 10% | 27% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 33 | 78% | 14% | 8% | 37% |
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
SSE's standard payment terms are Nett 30 days but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate.
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
30
Dispute Resolution Process
The Dispute Resolution Process is detailed within the Accounts Payable section at http://sse.com/potential-suppliers/. Alternatively suppliers can also contact the "orderer" directly using the details provided on the Purchase Order
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.
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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
SSE Thermal Energy Operations Limited is an energy company that focuses on sustainable and responsible practices in their operations
They offer a range of products and services related to thermal energy, with a strong emphasis on sustainability
The company's sustainability program includes efforts to reduce their carbon footprint and promote renewable energy sources
They have invested in renewable energy projects and are committed to reducing their greenhouse gas emissions
They also prioritize the use of environmentally friendly materials and processes in their operations
SSE Thermal Energy Operations Limited offers a range of products and services, including the production of thermal energy through the use of natural gas, biomass, and waste-to-energy technologies
They also provide district heating and cooling solutions, as well as energy management services
The key people at SSE Thermal Energy Operations Limited include their managing director, who is responsible for the overall strategy and operations of the company, as well as their head of sustainability, who oversees their sustainability program
The company's website address is www.ssethermal.com, where customers can learn more about their products and services, as well as their sustainability efforts
Their registered office address is Inveralmond House, 200 Dunkeld Road, Perth, PH1 3AQ, United Kingdom
In summary, SSE Thermal Energy Operations Limited is a sustainable energy company that offers thermal energy products and services
They have a strong focus on reducing their environmental impact and promoting renewable energy sources
Their website and registered office address are easily accessible for customers seeking more information
