Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 31 Dec 2025 | 02 Feb 2026 | 32 | 59% | 21% | 20% | 10% |
| 01 Jan 2025 - 30 Jun 2025 | 16 Sept 2025 | 135 | 63% | 15% | 22% | 17% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 42 | 44% | 20% | 36% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jan 2024 | 46 | 48% | 20% | 32% | 49% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 37 | 53% | 22% | 25% | 28% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Aug 2022 | 41 | 50% | 20% | 30% | 34% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 32 | 58% | 22% | 20% | 31% |
| 01 Jan 2021 - 30 Jun 2021 | 08 Jul 2021 | 32 | 57% | 23% | 20% | 25% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 40 | 47% | 25% | 28% | 40% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Jul 2020 | 36 | 42% | 43% | 15% | 42% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 45 | 44% | 26% | 30% | 40% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Feb 2019 | 43 | 43% | 28% | 29% | 42% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
End of Month plus 60 days plus 5 is our target payment terms. For smaller suppliers with spend below €50k it is 30 days End of month plus 5 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The business standard payment terms are end of month plus 60 days plus 5 - variations are agreed for individual circumstances.
Maximum contractual payment period agreed
148
Invoices that cannot be validated are queried out to the business using an integrated workflow solution which is constantly monitored to ensure responses are received in the required timescales. Vendors can contact the Shared Service Centre Help desk with any queries via email or phone Monday to Friday. A ticketing solution is used to monitor queries where the answer is not provided instantly. Invoices to NEUVWSinvoices@vestas.com, Payment and any other queries to financesscsap@vestas.com Statements to financesscsoa@vestas.com
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Vestas-Celtic Wind Technology Ltd is a Scotland-registered manufacturing entity within the Vestas wind turbine group. Its registered activities cover the manufacture of metal structures and parts of structures, and the manufacture of electric motors, generators and transformers, indicating a role producing structural and electrical components used in wind turbines. The wider Vestas group, of which this entity forms part, designs, manufactures, installs and services wind turbines worldwide, operating onshore and offshore projects and maintaining turbine fleets across many countries. This UK-registered company itself is best understood as a manufacturing arm supplying turbine components rather than the group's global design, sales or service operations.
Generated from the company's website and Companies House records. Sources: vestas.com