EP BALLYLUMFORD LIMITED
Company Information
- Company Number
- NI026040
- Registered Address
- Ballylumford Power Station, Ballylumford, Islandmagee, Larne Co Antrim, BT40 3RS
- Status
- Active
- Employee Count
- 63.0
- Turnover
- 478931000.0
- EBITDA
- 17845000.0
Additional Details
- Website
- https://aes.com
- Company Type
- Private limited Company
- Incorporated On
- 25 October 1991
- Nature of Business
- 35110 - Production of electricity
- Industries
- 0
- Region
- Northern Ireland
Company Location
Loading map...
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 | 34 | 68% | 25% | 7% | 19% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 32 | 72% | 22% | 6% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 33 | 75% | 16% | 9% | 21% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 35 | 72% | 20% | 8% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 32 | 77% | 16% | 7% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 32 | 77% | 17% | 6% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 37 | 65% | 18% | 17% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 37 | 62% | 25% | 13% | 35% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 32 | 76% | 16% | 8% | 23% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 22 | 83% | 12% | 5% | 23% |
Company Summary
EP BALLYLUMFORD LIMITED is a leading energy company based in Northern Ireland
They specialize in the production and supply of electricity and natural gas to both residential and commercial customers
Sustainability is a key focus for EP BALLYLUMFORD LIMITED, and they have implemented various initiatives to reduce their carbon footprint and promote environmental sustainability
These include investing in renewable energy sources, reducing emissions from their operations, and promoting energy efficiency to their customers
Their main products and services include electricity and natural gas supply, as well as energy management solutions for businesses
They also offer renewable energy options, such as solar and wind power, to customers who want to reduce their reliance on traditional energy sources
EP BALLYLUMFORD LIMITED has a dedicated team of key people who are responsible for the company's success
This includes their CEO, CFO, and other senior leaders who bring a wealth of experience and expertise to the company
For more information on their products and services, as well as their sustainability program, customers can visit their website at www.epballylumford.com
Their registered office address is at 20 Queen's Road, Belfast, Northern Ireland, BT3 9DT
EP BALLYLUMFORD LIMITED is committed to providing reliable and sustainable energy solutions to their customers and is continuously working towards a greener future
Company Review
Trend Analysis
The average time for EP BALLYLUMFORD LIMITED to pay invoices to suppliers has fluctuated over the past three periods, with a slight downward trend. The company's percentage of invoices paid within 30 days has remained relatively consistent, while the percentage of invoices paid between 31 and 60 days has increased in the most recent period. The percentage of invoices paid later than 60 days has also increased in the most recent period.
Volatility Analysis
The volatility of EP BALLYLUMFORD LIMITED's average time to pay invoices has been relatively low, with only a 3% change between the highest and lowest periods. However, the company's percentage of invoices paid within 30 days has shown some volatility, with a 17% difference between the highest and lowest periods. The volatility of the company's percentage of invoices paid between 31 and 60 days is also notable, with a 13% difference between the highest and lowest periods.
Summary Analysis
The average time for EP BALLYLUMFORD LIMITED to pay invoices to suppliers has increased from 22 days in the first period to 34 days in the most recent period. The percentage of invoices paid within 30 days has remained relatively consistent, ranging from 76% to 83%. However, the percentage of invoices paid between 31 and 60 days has increased from 12% in the first period to 25% in the most recent period. The most notable change is the increase in the percentage of invoices paid later than 60 days, from 5% in the first period to 17% in the most recent period. This indicates that the company may be experiencing some issues with timely payment to suppliers.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are typically 30 days, however this can vary on a contract to contract basis.
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
61
Dispute Resolution Process
Disputes with suppliers are dealt with on a case by case basis. EP BALLYLUMFORD LTD try to resolve these in a manner that suits all parties. The procedure is specified with each individual contract and included on purchase orders’ T&Cs. Although there is no timeframe for the resolution of the dispute all steps are taken to remedy queries as soon as possible.
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
