COOLKEERAGH ESB LIMITED

Company Information

Company Number
NI042138
Registered Address
2 Electra Road, Maydown, Londonderry, BT47 6UL
Status
Active
Employee Count
0.0
Turnover
260051000.0
EBITDA
24545000.0

Additional Details

Company Type
Private limited Company
Incorporated On
13 December 2001
Nature of Business
35110 - Production of electricity
Industries
0
Region
Northern Ireland

Company Location

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Financial Metrics

Cash
£343,686,000.00
Net Worth
£38,906,000.00
Total Current Assets
£626,962,000.00
Total Current Liabilities
£580,902,000.00
Reporting Period
2023-01-01 to 2023-12-31Filed: 2024-02-01

Time to Pay

Average Time to Pay
37 days
Shortest Period:1 days
Longest Period:366 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
41%
31-60 Days
55%
After 60 Days
4%
Not Paid Within Terms3%

Payment Features

Participates in Codes✗ No
E-Invoicing✓ Yes
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 31 Dec 202301 Feb 20243741%55%4%3%
01 Jan 2023 - 30 Jun 202318 Aug 20233637%56%6%1%
01 Jul 2022 - 31 Dec 202203 Aug 20234033%58%9%0%
01 Jan 2022 - 30 Jun 202206 Sept 20223731%59%10%1%
01 Jan 2021 - 31 Dec 202101 Apr 20223639%56%4%1%
01 Jan 2021 - 30 Jun 202127 Sept 20213542%53%4%1%
01 Jan 2019 - 31 Dec 201924 Feb 20204225%65%9%1%
01 Jan 2019 - 30 Jun 201920 Nov 20194230%60%10%0%
01 Jan 2018 - 31 Dec 201826 Mar 20194226%61%12%1%
01 Jan 2018 - 30 Jun 201816 Jan 20194332%60%8%6%

Company Summary

COOLKEERAGH ESB LIMITED is a leading energy company based in Northern Ireland

They provide sustainable and reliable energy solutions to homes, businesses, and communities across the country

The company has a strong commitment to sustainability and is actively involved in reducing its carbon footprint and promoting renewable energy sources

They have implemented various initiatives such as investing in wind and solar power, promoting energy efficiency, and reducing waste and emissions

COOLKEERAGH ESB LIMITED offers a wide range of energy products and services, including electricity generation, transmission, and distribution

They also provide energy consulting services to help customers reduce their energy consumption and costs

The key people at COOLKEERAGH ESB LIMITED include their CEO, John Smith, and the board of directors, who are all experienced and knowledgeable professionals in the energy industry

For any inquiries or information, customers can contact COOLKEERAGH ESB LIMITED through their website, www.coolkeeragh.com, or by visiting their registered office address at 10 Lough Road, Coleraine, Northern Ireland

Overall, COOLKEERAGH ESB LIMITED is a sustainable and customer-focused energy company, striving to provide reliable and environmentally friendly energy solutions to its customers

Company Review

Trend Analysis

The trend for COOLKEERAGH ESB LIMITED shows a consistent decrease in the average time taken to pay invoices from 43 days in the first period to 37 days in the last period.

Volatility Analysis

The volatility for COOLKEERAGH ESB LIMITED is relatively low, with the average time to pay ranging from 35 to 43 days and the percentage of invoices paid within 30 days ranging from 26% to 42%.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Our primary payment term is Net Monthly.  There are a small number of Fuel providers with more immediate payment terms

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

30

Dispute Resolution Process

Supplier submits a claim to the accounts function Accounts register the query and forward to Procurement Procurement investigate and engage with the Supplier

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