VIRIDOR ENERGY LIMITED

PaymentCheck Score 2025
64Fair
6.4vs last year
#2843 in UK
#467 in South East

Company Information

Company Number
12873827
Registered Address
Viridor House, Priory Bridge Road, Taunton, Somerset, England, TA1 1AP
Status
Active
Employee Count
86
Turnover
£101,737,000
EBITDA
£26,402,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 September 2020
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
41 days
Shortest Period:90 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
46%
31-60 Days
36%
After 60 Days
18%
Not Paid Within Terms37%

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)

Performance Reports History

Reporting Period Filed: 2025-04-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202527 Oct 20253650%39%11%27%
01 Oct 2024 - 31 Mar 202525 Apr 20254146%36%18%37%
01 Oct 2023 - 31 Mar 202421 May 20244138%42%20%34%
01 Apr 2023 - 30 Sept 202330 Oct 20234046%32%21%26%

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

The company (i.e. the Viridor company specified at the top of the purchase order submitted to the Supplier for the goods and/or services) shall pay each invoice which is properly due and submitted within 60 days after the end of the month of receipt by the company of a valid undisputed invoice (the “Due Date”).

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Viridor introduced an automated invoice process in conjunction with a group ERP system in November 2021. This was implemented to deliver improved financial governance and improve the timeliness and response to the invoice workflow and payments to suppliers.

Maximum contractual payment period agreed

90

Dispute Resolution Process

Viridor Energy Limited operates an automated invoice process. We work closely with our suppliers and aim to pay all invoices in a timely and accurate manner. Any disputes that arise are immediately brought to the attention of the dedicated Accounts Payable team and Transactional Services Manager who will engage with all relevant stakeholders to ensure a speedy and satisfactory resolution. Any dispute arising that is not resolved is escalated through the finance management structure and the Executive Management team member if required.

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

VIRIDOR ENERGY LIMITED is a leading waste management and energy recovery company based in the United Kingdom. The company's core focus is on providing sustainable solutions for the management and recovery of waste materials.

The sustainability program of VIRIDOR ENERGY LIMITED is a key aspect of their operations. The company is committed to reducing the environmental impact of waste by diverting it from landfills and instead using it to generate renewable energy. They have invested in state-of-the-art facilities and technologies to efficiently convert waste into energy, while also reducing greenhouse gas emissions.

The company offers a wide range of products and services, including waste collection and recycling, energy recovery, and landfill management. They work with businesses, local authorities, and communities to develop tailored solutions for their waste management needs. VIRIDOR ENERGY LIMITED also offers consultancy services to help organizations improve their sustainability practices and reduce their carbon footprint.

The company is led by a team of experienced professionals, including CEO Phil Piddington, who has over 25 years of experience in the waste management industry. The company prides itself on having a dedicated and knowledgeable workforce, committed to delivering sustainable waste management solutions.

For more information on VIRIDOR ENERGY LIMITED and their services, their website address is www.viridor.co.uk. Their registered office address is Viridor House, Youngman Place, Priory Bridge Road, Taunton, Somerset, TA1 1AP, United Kingdom. Customers can also contact the company through their customer service hotline at 0345 129 7177. Overall, VIRIDOR ENERGY LIMITED is a leading player in the waste management industry, committed to sustainability and providing innovative solutions for the management of waste materials.

Financial Metrics

Cash
£22,961,000
Net Worth
£838,277,000
Total Current Assets
£132,816,000
Total Current Liabilities
£423,446,000

Company Location