| 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.
❌
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
VESTAS-CELTIC WIND TECHNOLOGY LTD. is a leading international company in the renewable energy sector, specializing in the development, production, and maintenance of wind turbines. The company was founded in 1979 and has its registered office in Aarhus, Denmark.
Sustainability is at the core of VESTAS-CELTIC's business model, as they aim to help reduce the world's carbon footprint by providing clean and efficient energy solutions. The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using sustainable materials in their products, implementing energy-efficient practices in their operations, and promoting recycling and waste reduction.
VESTAS-CELTIC offers a wide range of products and services, including onshore and offshore wind turbines, as well as maintenance and service contracts. They also provide customized solutions for different types of wind conditions and terrain.
The company's key people include Henrik Andersen, the Group President and CEO, who has extensive experience in the renewable energy industry, and Marika Fredriksson, the Executive Vice President of Global People and Culture, who leads the company's sustainability efforts.
Customers can contact VESTAS-CELTIC through their website, which provides detailed information about their products and services, as well as news and updates on the company's sustainability program. The website also includes contact information for their global offices and service centers.
In summary, VESTAS-CELTIC WIND TECHNOLOGY LTD. is a leading renewable energy company with a strong commitment to sustainability. They offer a range of products and services to help reduce the world's carbon footprint and have a dedicated team of professionals leading their sustainability efforts. Customers can easily access information and contact the company through their website.
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