Score of 100/100 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 2024 - 30 Jun 2024 | 17 Jul 2024 | 4 | 100% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 8 | 100% | 0% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 13 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 11 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 DAYS FROM RECEIPT OF INVOICE
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
60
INVOICES IN DISPUTE ARE ENTERED INTO THE RELEVANT QUERY LOG, AND THE SUPPLIER IS NOTIFIED IN ORDER TO RESOLVE THE ISSUE
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
Independent Pipelines Limited is a UK registered company whose listed business activity is the distribution of gaseous fuels through mains. It was incorporated in 1993 and has traded previously under several names, including Agas (Haydon) Limited, Agas Developments Limited, Elf Pipelines Limited and Totalfinaelf Pipelines Limited, before adopting its current name. The company remains active, with its registered office in Woolpit, Suffolk. Based on its Companies House classification, it operates within the gas distribution network sector rather than as a retailer or supplier of energy to end consumers. No further detail on specific pipeline assets or operational scope is provided in the available records.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk