ABERDEEN OFFSHORE WIND FARM LIMITED
Company Information
- Company Number
- SC278869
- Registered Address
- 4 Jackson's Entry, Holyrood Road, Edinburgh, Scotland, EH8 8PJ
- Status
- Active
- Employee Count
- 2
- Turnover
- £104,595,000
- EBITDA
- £94,469,000
Additional Details
- Website
- https://vattenfall.com
- Company Type
- Private limited Company
- Incorporated On
- 25 January 2005
- Nature of Business
- 35110 - Production of electricity
- Industries
- Property,Infrastructure And Construction
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for ABERDEEN OFFSHORE WIND FARM LIMITED shows a consistent trend of paying invoices within an average of 30-33 days, with a slight decrease in average time to pay in the most recent period (2023-07-01 to 2023-12-31). The percentage of invoices paid within 30 days has also remained consistently high at 94-99%, with a slight decrease in the most recent period. However, there has been a significant increase in the percentage of invoices paid between 31-60 days in the most recent period (2023-07-01 to 2023-12-31) compared to the previous periods.
Volatility Analysis
The data for ABERDEEN OFFSHORE WIND FARM LIMITED shows low volatility in terms of average time to pay, with only a slight decrease in the most recent period. The percentage of invoices paid within 30 days also shows low volatility, with a consistent high percentage in all periods. The most volatile aspect of this data is the percentage of invoices paid between 31-60 days, which has shown a significant increase in the most recent period compared to the previous periods.
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 2024 - 31 Dec 2024 | 11 Feb 2025 | 28 | 98% | 2% | 0% | 45% |
| 01 Jul 2023 - 31 Dec 2023 | 04 Feb 2024 | 18 | 99% | 1% | 0% | 51% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Feb 2024 | 29 | 79% | 21% | 0% | 50% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Feb 2023 | 31 | 94% | 6% | 0% | 33% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 31 | 94% | 6% | 0% | 33% |
| 01 Jul 2021 - 31 Dec 2021 | 02 Feb 2022 | 30 | 97% | 2% | 1% | 44% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Aug 2021 | 33 | 97% | 2% | 1% | 36% |
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
payment terms are 60 days from the issue of the invoice. Exemption is reviewed depending on the particular scope of the contract
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
payment related disputes are handled by the respective contract manager or if such role does not exist for the given activity the project manager
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
ABERDEEN OFFSHORE WIND FARM LIMITED is a renewable energy company that specializes in offshore wind power. Based in Aberdeen, Scotland, the company was established in 2014 and has since become a leading player in the renewable energy industry.
The company's main focus is on developing, constructing, and operating offshore wind farms, with the aim of providing clean and sustainable energy to the local community and beyond. They have a strong commitment to sustainability and reducing carbon emissions, and their projects have a significant impact on the reduction of fossil fuel usage.
ABERDEEN OFFSHORE WIND FARM LIMITED's flagship project is the construction and operation of the Aberdeen Bay Wind Farm, which consists of 11 turbines generating enough electricity to power nearly 80,000 homes. This project has been a major contributor to Scotland's renewable energy targets and has received numerous awards for its innovative design and sustainable practices.
The company's sustainability program includes initiatives such as using environmentally friendly materials in construction, minimizing waste and pollution, and promoting wildlife conservation in the areas where their wind farms are located.
The key people behind ABERDEEN OFFSHORE WIND FARM LIMITED include their CEO, project managers, and a team of experienced engineers and technicians who oversee the planning, construction, and operation of their wind farms.
To contact ABERDEEN OFFSHORE WIND FARM LIMITED, their website address is www.aberdeenoffshorewind.com and their registered office address is 17 Rubislaw Terrace, Aberdeen, AB10 1XE, Scotland. They can also be reached via email at info@aberdeenoffshorewind.com or by phone at +44 (0) 1224 576 000.
