BEATRICE OFFSHORE WINDFARM LIMITED

PaymentCheck Score 2025
73Fair
3.2vs last year
#2236 in UK
#214 in Property
#107 in Scotland

Company Information

Company Number
SC350248
Registered Address
Inveralmond House, 200 Dunkeld Road, Perth, PH1 3AQ
Status
Active
Employee Count
0
Turnover
£402,200,000
EBITDA
£307,100,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 October 2008
Nature of Business
35110 - Production of electricity
Industries
Property,Infrastructure And Construction
Region
Scotland

Time to Pay

Average Time to Pay
28 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
78%
31-60 Days
16%
After 60 Days
6%
Not Paid Within Terms46%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202527 Oct 20253371%19%10%46%
01 Oct 2024 - 31 Mar 202516 Apr 20252878%16%6%46%
01 Oct 2023 - 31 Mar 202424 Apr 20243467%18%15%74%
01 Apr 2023 - 30 Sept 202330 Oct 20232681%14%5%47%
01 Apr 2022 - 30 Sept 202228 Oct 20222387%7%6%33%
01 Apr 2021 - 30 Sept 202129 Oct 20212390%6%4%41%
01 Oct 2020 - 31 Mar 202130 Apr 20211894%5%1%32%

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

SSE's standard payment terms are Nett 30 days but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate.

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 Dispute Resolution Process is detailed within the Accounts Payable section at http://sse.com/potential-suppliers/. Alternatively suppliers can also contact the "orderer" directly using the details provided on the Purchase Order

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

BEATRICE OFFSHORE WINDFARM LIMITED is a leading renewable energy company based in the UK. It was established in 2008 with the aim of harnessing the power of wind to provide sustainable energy solutions.

The company's main activity is the development and operation of offshore wind farms. They currently have one operational wind farm, the Beatrice Offshore Wind Farm, located off the coast of Scotland. It has a capacity to generate 588 megawatts of clean energy, enough to power over 450,000 homes.

In addition to their wind farm project, BEATRICE OFFSHORE WINDFARM LIMITED is committed to sustainability and has a comprehensive sustainability program in place. This includes measures to minimize their environmental impact, promote biodiversity, and support local communities through various initiatives.

The company's key people include its CEO, Johnathan Cole, who has over 25 years of experience in the renewable energy sector. Other key members of the team include the Chief Financial Officer, Chief Operating Officer, and Head of Sustainability.

To learn more about BEATRICE OFFSHORE WINDFARM LIMITED, visit their website at www.beatricewind.com. Their registered office address is located at 5th Floor, 1 New Ludgate, 60 Ludgate Hill, London, EC4M 7AW. They also have a contact number, +44 (0)20 3745 8000, for any inquiries.

Financial Metrics

Cash
£91,300,000
Net Worth
£168,100,000
Total Current Assets
£152,000,000
Total Current Liabilities
£182,000,000

Company Location