Score of 98.6/100 qualifies for PaymentCheck Certification
| 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 14 | 99% | 1% | 0% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 19 Feb 2025 | 14 | 98% | 1% | 1% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 15 | 97% | 2% | 1% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 15 | 99% | 1% | 0% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 15 | 98% | 1% | 1% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 14 | 98% | 1% | 1% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 14 | 98% | 1% | 1% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 15 | 98% | 1% | 1% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 15 | 98% | 1% | 1% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 15 | 96% | 3% | 1% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 11 | 96% | 3% | 1% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Mar 2020 | 11 | 96% | 3% | 1% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 11 | 97% | 3% | 1% | 7% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 8 | 96% | 3% | 1% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 9 | 96% | 3% | 1% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms for the marketing division of TotalEnergies Gas and Power Limited varies across the portfolio of energy and power products, with terms ranging from 5 to 30 days, in line with applicable market regulations and/or industry practice. Standard payment terms for corporate and overhead costs are 30 days, with settlement of supplier invoices occurring in batches, on a weekly basis at a minimum.
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
TotalEnergies Gas & Power Ltd firstly seeks to settle disputes by reference to the underlying contractual dispute resolution terms. Where this is not possible, TotalEnergies Gas & Power Ltd will aim to resolve the dispute through mediation with their counterpart. This process is driven by the back office of the relevant desk to which the contract applies. Where necessary, outstanding disputes are escalated to the Head of Department and Senior Management.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
TotalEnergies Gas & Power Limited supplies gas and electricity to business and public sector customers across the UK. Operating since 1987, it provides energy contracts, meter services and related support to industrial, commercial and public sector clients, describing itself as a leading business energy supplier. It offers fixed and flexible price plans, smart and AMR meter upgrades, corporate power purchase agreements and support for large business energy management. The company is part of the TotalEnergies group, a global multi-energy business, and represents the UK business energy supply arm of that wider group rather than the group's broader oil, gas and renewables operations.
Generated from the company's website and Companies House records. Sources: gas-power.total.co.uk · gas-power.total.co.uk