ENERGIA CUSTOMER SOLUTIONS NI LIMITED
Company Information
- Company Number
- NI035800
- Registered Address
- Greenwood House, 64 Newforge Lane, Belfast, BT9 5NF
- Status
- Active
- Employee Count
- 172
- Turnover
- £17,023,000
- EBITDA
- £4,046,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 March 1999
- Nature of Business
- 35140 - Trade of electricity
- Industries
- Property,Infrastructure And Construction
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for ENERGIA CUSTOMER SOLUTIONS NI LIMITED to pay invoices has increased steadily over the past three periods, with an average increase of 1.7 days per period. This trend may indicate potential issues with cash flow or financial management within the company.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable, with a slight decrease of 1% in the most recent period. However, there has been a significant increase in the percentage of invoices paid between 31-60 days, with a jump of 24% in the most recent period. This increase could indicate potential delays in payment processing or a shift in payment policies within the company.
Summary Analysis
In the past three periods, ENERGIA CUSTOMER SOLUTIONS NI LIMITED has seen a steady increase in the average time taken to pay invoices, with a trend of 1.7 days per period. There has also been a significant increase in the percentage of invoices paid between 31-60 days, which may indicate potential issues with payment processing or policies. However, there has been a slight improvement in the percentage of invoices paid later than 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 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 40 | 26% | 68% | 6% | 10% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 32 | 41% | 56% | 3% | 14% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 34 | 34% | 62% | 4% | 18% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 30 | 58% | 36% | 6% | 21% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 33 | 55% | 38% | 7% | 20% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 31 | 52% | 44% | 4% | 19% |
| 01 Oct 2018 - 31 Mar 2019 | 12 Apr 2019 | 29 | 59% | 34% | 7% | 15% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 27 | 60% | 36% | 4% | 13% |
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
We have standard payment terms of 45 days for operating expenditure. In respect of energy payments applicable to the energy market in which the business operates we are bound in some cases to shorter terms.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
A Suppliers’ guide has been designed to help our suppliers understand our buying process and to prevent any undue delays in the payment for goods and services. To prevent a delay in invoice processing, invoices must be clearly legible and should include the purchase order number, a description of the goods and/or services, and the price payable. Invoices should be issued electronically to invoices@energiagroup.com or by post to the billing address specified on the purchase order. Invoices issued without the above details may not be accepted and may be returned for amendment before being processed.
Maximum contractual payment period agreed
45
Dispute Resolution Process
Any disputes the suppliers should contact the relevant person within the business. The Accounts Payable team will provide information and assistance accordingly.
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
ENERGIA CUSTOMER SOLUTIONS NI LIMITED is a sustainable energy company based in Northern Ireland. They offer a variety of products and services aimed at promoting sustainability and reducing carbon footprint.
One of their main activities is providing renewable energy solutions to businesses and homes, including solar panels, wind turbines, and biomass boilers. They also offer energy efficiency audits and advice to help customers reduce their energy consumption.
In addition to their sustainable energy services, ENERGIA CUSTOMER SOLUTIONS NI LIMITED has a strong sustainability program in place. They have implemented a waste management system, use eco-friendly materials in their operations, and have a carbon offset program to reduce their own carbon footprint.
The company is led by a team of experienced and knowledgeable individuals, including their Managing Director, who has over 20 years of experience in the energy industry. They are committed to providing high-quality and sustainable solutions to their customers.
For those interested in learning more about ENERGIA CUSTOMER SOLUTIONS NI LIMITED, their website address is www.energiacustomersolutionsni.com. Their registered office address is located at 5 Cromac Quay, The Gasworks, Ormeau Road, Belfast, BT7 2JD, Northern Ireland.
