SCOTTISHPOWER RENEWABLE ENERGY LIMITED
Company Information
- Company Number
- SC326127
- Registered Address
- 320 St. Vincent Street, Glasgow, Scotland, G2 5AD
- Status
- Active
- Employee Count
- 0
- Turnover
- Coming Soon
- EBITDA
- -£400,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 21 June 2007
- Nature of Business
- 35110 - Production of electricity
- Industries
- Energy
- 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 2018 - 31 Dec 2018 | 23 Jan 2019 | 6 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 16 | 93% | 7% | 0% | 27% |
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
30 days from invoice date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
At ScottishPower we have various legal entities which make up the ScottishPower Group. A wide range of standard and bespoke contracts are entered into by these entities which are dependent on a number of factors including the type of goods/services/construction being procured and the standard terms which may exist in some of these markets. However our standard payment terms are 30 days from the invoice date. If a valid invoice is received promptly at the correct address, quoting a valid purchase order it will be included within one of our payment runs, which are carried out twice per week to ensure the invoice is paid on or before the invoice due date. The correct invoicing address, which is quoted on all purchase orders is; 320 St Vincent Street, Glasgow, G2 5AD
Maximum contractual payment period agreed
60
Dispute Resolution Process
At ScottishPower we try to resolve any invoice disputes or queries as quickly as possible. Queries regarding the status of an invoice can be directed to the Accounts Payable Team via the following email address; supplieraccounts@scottishpower.com. Additionally we also offer a web portal service that allows suppliers the ability to register and then login and view the status of their invoices and when they will be paid. To register for the web portal please use the following website; https://www.iberdrola.com/suppliers/my-account/my-information For specific contractual disputes please contact the individual who initially ordered the goods or services provided. The agreed contractual dispute process will then be followed.
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.
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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.
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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
ScottishPower Renewable Energy Limited is a renewable energy company based in Glasgow, Scotland. They are committed to reducing carbon emissions and promoting sustainable energy solutions.
The company's sustainability program focuses on the development of wind and hydro power projects, as well as investing in new technologies such as battery storage and electric vehicle charging infrastructure. They also work closely with local communities to ensure their projects have a positive impact on the environment and society.
ScottishPower Renewable Energy Limited offers a range of products and services, including renewable electricity and gas tariffs for households and businesses. They also have a dedicated team that provides energy efficiency advice and support to customers.
The key people at ScottishPower Renewable Energy Limited include their CEO, Lindsay McQuade, who is a prominent figure in the renewable energy industry and has been instrumental in driving the company's sustainability efforts. Other key members of the team include their Head of Renewables, Keith Anderson, and Head of Business Development, Jonathan Cole.
To contact ScottishPower Renewable Energy Limited, individuals can visit their website at www.scottishpowerrenewables.com. Their registered office address is 1 Atlantic Quay, Robertson Street, Glasgow, G2 8SP, Scotland. Overall, ScottishPower Renewable Energy Limited is a leading player in the UK's renewable energy sector, actively working towards a more sustainable future.
