| 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 2024 - 30 Jun 2024 | 06 Aug 2024 | 30 | 70% | 22% | 8% | 60% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 30 | 81% | 11% | 8% | 42% |
| 01 Jan 2023 - 30 Jun 2023 | 13 Jul 2023 | 72 | 70% | 15% | 15% | 41% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 23 | 87% | 7% | 6% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 17 | 93% | 4% | 3% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 21 | 86% | 5% | 9% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 11 Aug 2021 | 11 | 96% | 3% | 1% | 2% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 8 | 98% | 1% | 1% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Mar 2020 | 10 | 97% | 2% | 1% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 10 | 97% | 2% | 1% | 10% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 11 | 97% | 2% | 1% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 10 | 97% | 2% | 1% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
our payment terms are often dictated by Industry standard payment terms.
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
65
Within the first week of receiving an invoice, we aim to process, review and validate it. If there are any queries, the Accounts Payable team or relevant employee will revert to the supplier to resolve. In the event of a dispute, we will work with the supplier until the outstanding issues are addressed and an agreement reached.
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
Orsted Sales (UK) Limited is a private limited company registered in London, with its official business activity listed as trade of gas through mains. It has traded under several previous names, including Shell Gas Direct Limited and Dong Energy Sales (UK) Limited, before adopting its current name in 2017. The company is controlled by Orsted S&D (UK) Limited and forms part of the wider Orsted corporate group, whose UK activities include developing, constructing and operating offshore wind farms. This entity itself functions as a gas sales vehicle within that group rather than an operator of energy infrastructure. It has filed full accounts and remains an active registered company.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · companiesintheuk.co.uk