LAST MILE ELECTRICITY LIMITED
Company Information
- Company Number
- SC234694
- Registered Address
- Fenick House Lister Way, Hamilton International Technology Park, Glasgow, Scotland, Scotland, G72 0FT
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 July 2002
- Nature of Business
- 35130 - Distribution of electricity
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
LAST MILE ELECTRICITY LIMITED exhibits an exceptionally strong payment trend, consistently settling invoices with an average payment time of just 7 days. A remarkable 99% of payments are made within 30 days, with only 1% falling into the 31-60 day category and none exceeding 60 days, indicating a highly reliable and positive trajectory.
Volatility Analysis
The company demonstrates extremely low payment volatility and high predictability, as 99% of invoices are consistently paid within the optimal 30-day window. The negligible 1% late payment rate, confined to the 31-60 day bracket, suggests minimal inherent risk factors and a very stable payment behavior for suppliers.
Summary Analysis
Given the outstanding payment performance, LAST MILE ELECTRICITY LIMITED is assessed as a highly reliable and low-risk partner for suppliers. Key decision factors include their rapid average payment time and near-perfect on-time payment record, suggesting no significant risk mitigation strategies are required for engagement.
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 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 7 | 100% | 0% | 0% | 1% |
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
14 days
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
30
Dispute Resolution Process
Suppliers have a designated member of the Finance Department as a point of contact regarding queries, ensuring prompt action and 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
LAST MILE ELECTRICITY LIMITED is an active private limited company operating within the electricity sector, with its name indicating a focus on the final stages of electricity supply or distribution.
The company was incorporated on 29 July 2002 and operates under company number SC234694. Its registered office is located at Fenick House Lister Way, Hamilton International Technology Park, Glasgow, Scotland, G72 0FT.
Companies operating in the 'last mile electricity' sector in the UK typically provide services related to the final delivery of electricity. This includes the installation, maintenance, and operation of local distribution networks and connection services for properties and developments. They also manage local energy infrastructure or smart metering solutions.
