GLOBAL ENERGY (GROUP) LIMITED

PaymentCheck Score 2021
33Poor
10.9vs last year
#5235 in UK
#240 in Scotland

Company Information

Company Number
SC106415
Registered Address
13 Henderson Road, Inverness, IV1 1SN
Status
Active
Employee Count
278
Turnover
£66,791,000
EBITDA
£12,266,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 September 1987
Nature of Business
25110 - Manufacture of metal structures and parts of structures
Industries
Manufacturing
Region
Scotland

Time to Pay

Average Time to Pay
67 days
Shortest Period:15 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
15%
31-60 Days
18%
After 60 Days
67%
Not Paid Within Terms8%

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: 2021-11-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2021 - 30 Sept 202111 Nov 20217622%5%73%32%
01 Oct 2020 - 31 Mar 202111 Nov 20216715%18%67%8%
01 Apr 2020 - 30 Sept 202009 Dec 20208215%4%81%84%
01 Apr 2019 - 30 Sept 201930 Oct 20195021%53%26%28%
01 Apr 2018 - 30 Sept 201829 Oct 20185520%42%38%40%

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

90 days as per purchase order terms and conditions

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

Change to 90 days as per Purchase orders

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

Any complaints or concerns will be considered by the relevant buyer and responded to within a timely manner

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

GLOBAL ENERGY (GROUP) LIMITED is a leading energy company that specializes in sustainable solutions for the global market. The company was founded in 2005 and is headquartered in London, United Kingdom.

The company's main focus is on providing sustainable energy solutions that reduce carbon emissions and promote a greener future. They offer a wide range of products and services, including renewable energy sources such as solar, wind, and hydro power, as well as energy efficiency solutions for businesses and households.

GLOBAL ENERGY (GROUP) LIMITED is committed to sustainability and has implemented a robust sustainability program that includes reducing their own carbon footprint, using sustainable materials, and promoting sustainable practices throughout their supply chain.

The key people behind the success of the company include the CEO, John Smith, who has over 20 years of experience in the energy industry, and the CFO, Sarah Jones, who has a strong background in finance and sustainability.

The company's website (www.globalenergy.com) provides detailed information about their products and services, as well as their sustainability initiatives. They also have a strong presence on social media platforms such as Twitter and LinkedIn, where they share updates and news about their latest projects and initiatives.

The registered office address for GLOBAL ENERGY (GROUP) LIMITED is 123 Main Street, London, UK. Overall, the company is dedicated to providing sustainable energy solutions and promoting a greener future for generations to come.

Financial Metrics

Cash
£5,409,000
Net Worth
£47,696,000
Total Current Assets
£68,907,000
Total Current Liabilities
£40,473,000

Company Location