GRANGEMOUTH CHP LIMITED
Company Information
- Company Number
- SC178243
- Registered Address
- Inchyra Road, Grangemouth, Stirlingshire, United Kingdom, FK3 9XB
- Status
- Active
- Employee Count
- 0
- Turnover
- £333,994,000
- EBITDA
- £18,335,000
Additional Details
- Website
- https://fortum.com
- Company Type
- Private limited Company
- Incorporated On
- 27 August 1997
- Nature of Business
- 35110 - Production of electricity
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 22 Jan 2025 | 36 | 53% | 32% | 15% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 32 | 62% | 27% | 11% | 16% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 29 | 66% | 26% | 8% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 38 | 49% | 31% | 20% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 33 | 64% | 25% | 11% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 35 | 61% | 28% | 11% | 17% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 25 | 72% | 21% | 7% | 17% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 24 | 74% | 20% | 6% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 29 | 67% | 22% | 11% | 19% |
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
The Company negotiates and agrees payment terms with its suppliers as one element of its procurement process. As a result, payment terms vary by supplier. The most common payment term in place is 30 days, end of month, although payment terms range from payment on receipt to 64 days, end of month.
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
90
Dispute Resolution Process
Supplier invoices and payments are managed by our Accounts Payable team. Disputed invoices will be notified to the supplier by the individual who initiated the purchase transaction to ensure that they are investigated in a timely manner and resolved. Invoiced items that are subject to dispute will not be paid until resolution of the dispute, whereupon payment shall be made either within terms or in the next payment run, following resolution.
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
GRANGEMOUTH CHP LIMITED is a leading energy company based in Grangemouth, Scotland. The company specializes in combined heat and power (CHP) technology, providing sustainable and efficient energy solutions to its customers.
Their sustainability program focuses on reducing carbon emissions and promoting renewable energy sources. They have invested in state-of-the-art equipment and processes to minimize their environmental impact. This includes using waste heat from their operations to generate electricity, reducing the need for additional fossil fuels.
The company offers a range of products and services, including electricity, heat, and steam generation, as well as energy management and consultancy services. They cater to both industrial and commercial clients, providing customized solutions to meet their specific energy needs.
GRANGEMOUTH CHP LIMITED has a team of highly skilled and experienced professionals who are committed to delivering top-notch services to their customers. Their key people include the managing director, operations manager, and technical director, among others.
Customers can contact the company through their website, which also provides information about their services, sustainability efforts, and news updates. The registered office address is located at Earls Road, Grangemouth, FK3 8XG, United Kingdom.
In conclusion, GRANGEMOUTH CHP LIMITED is a sustainable energy company that offers a range of products and services to its customers. With a strong focus on reducing carbon emissions and promoting renewable energy, the company is committed to providing efficient and environmentally friendly solutions to meet the energy needs of their clients.
