NATIONAL GRID ELECTRICITY DISTRIBUTION (SOUTH WALES) PLC
Company Information
- Company Number
- 02366985
- Registered Address
- Avonbank, Feeder Road, Bristol, BS2 0TB
- Status
- Active
- Employee Count
- 1,063
- Turnover
- £304,300,000
- EBITDA
- £188,300,000
Additional Details
- Website
- https://westernpower.co.uk
- Company Type
- Public limited Company
- Incorporated On
- 1 April 1989
- Nature of Business
- 35130 - Distribution of electricity
- Industries
- Coming Soon
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Apr 2025 - 30 Sept 2025 | 06 Nov 2025 | 20 | 94% | 5% | 1% | 4% |
| 01 Oct 2024 - 31 Mar 2025 | 06 Nov 2025 | 19 | 94% | 5% | 1% | 4% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 19 | 93% | 6% | 1% | 3% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 17 | 94% | 5% | 1% | 4% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 17 | 94% | 5% | 1% | 10% |
| 01 Apr 2021 - 30 Sept 2021 | 21 Oct 2021 | 16 | 96% | 3% | 1% | 10% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 16 | 96% | 3% | 1% | 11% |
| 01 Apr 2019 - 30 Sept 2019 | 23 Oct 2019 | 16 | 94% | 5% | 1% | 14% |
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
National Grid Electricity Distribution do have different types of standard contracts depending on the product, service or works but the standard payment terms for the majority of our contracts is Net Monthly - this means payment will be due on the last day of the month following the one in which NGED receives a correctly rendered invoice. This also applies to purchase orders raised with no formal contract in place.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The invoice delivery address is detailed on the purchase order. If a valid invoice is received promptly at the correct invoicing address, quoting a valid purchase order it will be processed in a timely manner to ensure the Invoice is paid on or before the invoice due date.
Maximum contractual payment period agreed
61
Dispute Resolution Process
Invoice disputes and/or general enquiries regarding the status of an invoice would be dealt with by Accounts Payable Initially. If the enquiry could not be resolved it would be escalated to either the person responsible for raising the Order or the appropriate Business Management. For specific contractual disputes, the relevant member of the Procurement team would be contacted to resolve as quickly as possible.
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.
❌
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
NATIONAL GRID ELECTRICITY DISTRIBUTION (SOUTH WALES) PLC is a leading electricity distribution company based in South Wales, UK. They are responsible for the safe and reliable distribution of electricity to over 1.4 million customers in the region.
Their sustainability program is focused on reducing their environmental impact and promoting renewable energy sources. They have invested in smart grid technology to improve energy efficiency and have set targets to reduce carbon emissions and increase the use of renewable energy.
NATIONAL GRID ELECTRICITY DISTRIBUTION (SOUTH WALES) PLC offers a range of products and services to meet the diverse needs of their customers. These include connecting new homes and businesses to the electricity network, maintaining and upgrading existing infrastructure, and providing support during power outages.
The key people at NATIONAL GRID ELECTRICITY DISTRIBUTION (SOUTH WALES) PLC include the Chief Executive Officer, Andy Bilclough, and the Director of Operations, Mark Bowen. They are supported by a team of experienced professionals who are committed to delivering high-quality services to their customers.
For more information, customers can visit the company's website at www.nationalgrid.com/southwales or contact their registered office at the following address:
NATIONAL GRID ELECTRICITY DISTRIBUTION (SOUTH WALES) PLC 1 Callaghan Square, Cardiff, CF10 5BT, UK.
In conclusion, NATIONAL GRID ELECTRICITY DISTRIBUTION (SOUTH WALES) PLC is a reputable company that is dedicated to providing reliable and sustainable electricity distribution services to the South Wales region. With a strong focus on sustainability and a team of experienced professionals, they are committed to meeting the energy needs of their customers while minimizing their impact on the environment.
