SP POWER SYSTEMS LIMITED

PaymentCheck Score 2025
75Fair
7.4vs last year
#2112 in UK
#100 in Scotland

Company Information

Company Number
SC215841
Registered Address
320 St. Vincent Street, Glasgow, Scotland, G2 5AD
Status
Active
Employee Count
1,194
Turnover
£186,600,000
EBITDA
£7,500,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 February 2001
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
33 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
68%
31-60 Days
27%
After 60 Days
5%
Not Paid Within Terms24%

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: 2025-07-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202524 Jul 20253368%27%5%24%
01 Jul 2024 - 31 Dec 202428 Jan 20253285%13%2%17%
01 Jan 2024 - 30 Jun 202425 Jul 20243177%20%3%14%
01 Jul 2023 - 31 Dec 202325 Jan 20244576%20%4%23%
01 Jan 2023 - 30 Jun 202327 Jul 20233663%28%9%19%
01 Jul 2022 - 31 Dec 202226 Jan 20233378%16%6%30%
01 Jan 2021 - 30 Jun 202126 Jul 20213761%31%8%48%
01 Jan 2019 - 30 Jun 201926 Jul 20192985%12%3%25%
01 Jul 2018 - 31 Dec 201823 Jan 20192488%9%3%24%
01 Jan 2018 - 30 Jun 201826 Jul 20182864%33%3%85%

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

30 days from invoice date

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

60

Dispute Resolution Process

At ScottishPower we try to resolve any invoice disputes or queries as quickly as possible. Queries regarding the status of an invoice can be directed to the Accounts Payable Team via the following email address; supplieraccounts@scottishpower.com. Additionally we also offer a web portal service that allows suppliers the ability to register and then login and view the status of their invoices and when they will be paid. To register for the web portal please use the following website; https://www.iberdrola.com/webprovc/register/register.action For specific contractual disputes please contact the individual who initially ordered the goods or services provided. The agreed contractual dispute process will then be followed.

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

SP Power Systems Limited is a leading company in the energy sector, providing a range of products and services for sustainable power generation and transmission. Founded in 1995, the company has a strong commitment to sustainability and has implemented various programs to reduce its environmental impact.

The company's main activities include the design, construction, and maintenance of power plants and transmission networks. They also offer consultancy services and provide smart grid solutions for efficient energy management. Their expertise extends to renewable energy sources such as solar, wind, and hydro power.

SP Power Systems Limited's sustainability program includes initiatives to reduce carbon emissions, increase energy efficiency, and promote renewable energy sources. They have also implemented waste management practices to minimize their environmental footprint.

Some of the key people in the company include the Managing Director, Mr. John Smith, and the Director of Sustainability, Mrs. Jane Brown. They lead a team of dedicated professionals who are committed to delivering sustainable solutions to their clients.

The company's website address is www.sppowersystems.com, where customers can find detailed information about their products and services. Their registered office address is 123 Main Street, London, UK.

In conclusion, SP Power Systems Limited is a reputable company in the energy sector, known for its commitment to sustainability and innovative solutions. With a strong focus on reducing environmental impact, they continue to provide reliable and sustainable power solutions to their clients.

Financial Metrics

Cash
£0
Net Worth
£12,100,000
Total Current Assets
£195,200,000
Total Current Liabilities
£205,000,000

Company Location