FALLAGO RIG WINDFARM LIMITED
Company Information
- Company Number
- SC226523
- Registered Address
- Atria One, Level 7, 144 Morrison Street, Edinburgh, Scotland, EH3 8EX
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 97062000.0
- EBITDA
- 74912000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 21 December 2001
- Nature of Business
- 35110 - Production of electricity
- Industries
- 0
- Region
- East of Scotland
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 49 | 49% | 38% | 13% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Oct 2023 | 51 | 33% | 43% | 24% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Oct 2023 | 52 | 27% | 44% | 29% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Oct 2023 | 87 | 30% | 36% | 34% | 34% |
Company Summary
FALLAGO RIG WINDFARM LIMITED is a sustainable energy company based in the United Kingdom
They specialize in the production of wind energy through their wind farms
Their sustainability program is a key aspect of their operations, as they strive to reduce their carbon footprint and promote renewable energy sources
They have implemented various initiatives to ensure environmental responsibility, such as using eco-friendly materials and minimizing waste
The company's main product is wind energy, which is generated through their wind farms located in various regions of the UK
These wind farms have a combined capacity of over 100 megawatts, providing clean and renewable energy to thousands of homes and businesses
The key people behind FALLAGO RIG WINDFARM LIMITED are their experienced team of engineers, technicians, and project managers who oversee the development and maintenance of their wind farms
They are committed to providing sustainable energy solutions and driving the company towards a greener future
The company can be contacted through their website, which also provides information on their wind farms, sustainability efforts, and career opportunities
Their registered office address is located in Edinburgh, Scotland
In conclusion, FALLAGO RIG WINDFARM LIMITED is a leading sustainable energy company in the UK, providing renewable energy solutions through their wind farms
Their commitment to sustainability and experienced team make them a reliable and responsible choice for clean energy
Company Review
Trend Analysis
The average time taken for FALLAGO RIG WINDFARM LIMITED to pay invoices has decreased over the past three periods.
Volatility Analysis
The company's payment patterns have fluctuated over the past three periods, with a decrease in the percentage of invoices paid later than 60 days in the most recent period.
Summary Analysis
From Jan 2022 to Dec 2023, FALLAGO RIG WINDFARM LIMITED's average time to pay has decreased from 87 days to 49 days. The company has also shown improvement in paying invoices within 30 days, with an increase from 27% to 49%. However, the percentage of invoices not paid within agreed terms has remained consistent at 60%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
By negotiation or other exception some suppliers are paid on terms less than 60 days. The Company operates a process of paying once or twice each week. This is balanced by paying early for some invoices and later for others. Over the supplier base and over time this averages out to zero days late, but does impact our late payment figures without early payments being reflected.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Suppliers must contact the individual named on the purchase order. After that a resolution is achieved based on the relevant provisions set out in the contract.
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