RWE RENEWABLES UK ONSHORE WIND LIMITED
Company number: 03758407
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
28 July 2026
Approved by:
Alex Murkin
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? Yes
Payment statistics
Average time taken to pay invoices: 27 days
Total value paid:
- within 30 days: £79,381,512 (94%)
- in 31 to 60 days: £3,653,505 (4%)
- in 61 days or more: £1,500,974 (2%)
Invoices paid:
- within 30 days: 81%
- in 31 to 60 days: 14%
- in 61 days or more: 5%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £3,893,268
- payments due in the reporting period which have not been paid within the agreed period: 12%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
15 days
Longest standard payment period
81 days
Standard payment terms
There are two standard payment terms; 30 days net and 45 days end of month net, due on 5th of following month; all from invoice entry date
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Retention clauses
How does this business use retention clauses?
Retention clauses are used in specific circumstances:
Retention clauses are only applied to specific construction contracts based on a risk assessment of several key risks bespoke to each project.
Does this business only use retention clauses in construction contracts above a specific contract sum?
No
Does this business use a standard percentage rate in retention clauses?
Yes: 5%
Does this business apply retention clause practices that are no more onerous than those applied to it on the same project?
Yes:
As the project owner/end user, we do not have retention clauses applied to us by a client on these projects. Where retentions are used in contracts with our contractors, they are applied only where appropriate, are proportionate to the risk and value of the works, and are clearly defined within the contract. Our approach is intended to ensure fair and transparent payment practices while protecting the successful delivery and completion of construction projects.
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
Retentions are released in accordance with the terms of the contract. Typically, 50% of the retained amount is released upon practical completion of the works, subject to satisfactory completion and any agreed contractual requirements being met. The remaining 50% is held during the defects liability period and is released two years after practical completion, provided that any identified defects or remedial works have been satisfactorily completed. Retention releases are monitored through our contract management processes to ensure timely payment once the relevant conditions have been fulfilled.
Is the money released in stages?
Yes:
As described above
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
100%
Amount retained stated as a percentage of the total construction payments made by this business
5%
Dispute resolution process
Invoices that cannot be validated are queried out to the business using an integrated workflow solution which is constantly monitored to ensure responses are received in the required timescales. Vendors contact a Shared Service Centre Help desk with any queries. A ticketing solution is used to monitor queries where the answer is not provided instantly.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No