EP NI ENERGY LIMITED
Company Information
- Company Number
- NI667118
- Registered Address
- Kilroot Power Station, Larne Road, Carrickfergus, Co. Antrim, United Kingdom, BT38 7LX
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 January 2020
- Nature of Business
- 35110 - Production of electricity
- Industries
- Coming Soon
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
EP NI ENERGY LIMITED typically pays within 35 days on average, with a strong majority of 64% settling within 30 days. However, a significant 39% of payments are classified as late, indicating a consistent pattern of some invoices exceeding agreed-upon terms rather than a downward trajectory in overall payment speed.
Volatility Analysis
While 64% of payments are prompt, the 39% late rate and 10% extending beyond 60 days introduce notable payment volatility and unpredictability for a significant portion of invoices. This indicates a moderate risk of delayed settlement for suppliers, requiring careful monitoring of due dates.
Summary Analysis
EP NI ENERGY LIMITED presents a moderate payment risk, with a solid portion of on-time payments offset by a substantial late payment percentage. Suppliers should factor in the potential for delayed payments for approximately one-third of invoices, potentially mitigating risk through stricter payment terms, smaller initial credit limits, or proactive communication.
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 2024 - 31 Dec 2024 | 29 Jan 2025 | 35 | 64% | 26% | 10% | 39% |
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
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 information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
61
Dispute Resolution Process
Disputes with suppliers are dealt with on a case by case basis. EP KILROOT 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.
❌
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
EP NI ENERGY LIMITED is an active private limited company operating within the energy sector, with a specific focus on Northern Ireland.
The company was incorporated on 20 January 2020 and is registered under company number NI667118. Its registered office is located at Kilroot Power Station, Larne Road, Carrickfergus, Co. Antrim, United Kingdom, BT38 7LX, placing its operations within Northern Ireland.
As an energy company in the UK market, organisations of this type typically engage in the generation, transmission, distribution, or supply of electricity or other forms of energy. They also commonly undertake the development and maintenance of related energy infrastructure.
