SPARK ENERGY LIMITED
Company Information
- Company Number
- SC301188
- Registered Address
- Grampian House, 200 Dunkeld Road, Perth, Scotland, PH1 3GH
- Status
- Dissolved
- Employee Count
- 334
- Turnover
- £233,547,000
- EBITDA
- -£14,097,000
Additional Details
- Website
- https://sparkenergy.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 24 April 2006
- Nature of Business
- 70100 - Activities of head offices82990 - Other business support service activities not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
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 2020 - 31 Dec 2020 | 13 Jul 2021 | 24 | 81% | 17% | 2% | 39% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 29 | 62% | 36% | 2% | 24% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | 40 | 36% | 56% | 8% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 17 | 83% | 15% | 2% | 4% |
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
Our standard payment terms are 30 days after receipt of invoice. We hold individual agreements with some of our suppliers for differing terms ranging from immediate to the standard 30 days, and also direct debit payments.
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
The Company has a dedicated accounts payable team, which can be reached by Email or Phone. Suppliers with invoice queries need to contact this team, and if the accounts payables ream is not able to resolve they escalate the issue to the buyer associated with the invoice. Disputes are handled by a combination of the accounts payable team and the buyer’s department who placed the order, and will be escalated to senior management if it cannot be resolved satisfactorily.
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.
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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.
❌
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
SPARK ENERGY LIMITED is a UK-based energy company that specializes in providing sustainable energy solutions to its customers. Established in 2007, the company has been at the forefront of promoting green energy and reducing carbon emissions through its innovative products and services.
The company's sustainability program is focused on reducing its environmental impact and promoting renewable energy sources. It has invested in renewable energy projects and offers customers the option to choose from a range of green energy tariffs. SPARK ENERGY LIMITED is committed to reducing its carbon footprint and has implemented energy-efficient practices in its operations.
The company's main product is its energy supply service, which offers customers competitive rates and flexible payment options. It also offers smart meters to help customers monitor and manage their energy usage more efficiently. In addition, SPARK ENERGY LIMITED provides energy-saving tips and advice to its customers to help them reduce their energy consumption.
The key people behind the success of SPARK ENERGY LIMITED are the CEO, Chris Gauld, and the Managing Director, Chris O'Flaherty. They have a combined experience of over 40 years in the energy industry and are dedicated to driving the company's sustainable growth.
Customers can contact SPARK ENERGY LIMITED through their website, which also provides information on their products and services. The company's registered office address is at 1, West Regent Street, Glasgow, G2 1RW, United Kingdom.
In conclusion, SPARK ENERGY LIMITED is a leading energy company in the UK with a strong focus on sustainability. With its innovative products and services, it is committed to promoting green energy and helping customers reduce their carbon footprint. Its dedicated team and customer-centric approach make it a trusted choice for energy solutions.
