NORTHERN POWERGRID (NORTHEAST) PLC
Company Information
- Company Number
- 02906593
- Registered Address
- Lloyds Court, 78 Grey Street, Newcastle Upon Tyne, NE1 6AF
- Status
- Active
- Employee Count
- 1,248
- Turnover
- £441,859,000
- EBITDA
- £273,072,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 9 March 1994
- Nature of Business
- 35130 - Distribution of electricity
- Industries
- Coming Soon
- Region
- North East
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 Jan 2025 - 30 Jun 2025 | 21 Jul 2025 | 29 | 60% | 36% | 4% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 26 | 66% | 29% | 5% | 13% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 27 | 66% | 28% | 6% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 29 | 65% | 32% | 3% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 28 | 64% | 34% | 2% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 29 | 65% | 32% | 3% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 29 | 63% | 34% | 3% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 26 | 64% | 34% | 2% | 6% |
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
Net monthly. Net monthly is the standard payment term offered. This means that when an invoice is received for payment it will be paid by the end of the following month e.g. an invoice received on 31 Jan would be paid by 28 Feb (shortest duration of standard payment terms i.e. 28 days) or an invoice received on 1 Jul would be paid by 31 Aug (longest duration of standard payment terms i.e. 61 days) .
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
61
Dispute Resolution Process
The Accounts Payable department will initially take responsibility for disputes relating to payment processing. Where a dispute is commercial in nature, or requires operational resolution, the case will be passed to the person responsible for raising the order for timely clearance.
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.
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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?
❌
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
Northern Powergrid (Northeast) PLC is an electricity distribution company that operates in the northeast region of England. The company is responsible for delivering electricity to over 3.9 million customers in the region.
One of the key focuses of Northern Powergrid is sustainability. The company is committed to reducing its carbon footprint and promoting renewable energy sources. They offer a range of sustainable solutions, such as connecting renewable generation to the grid and providing smart meters to customers, to help reduce energy consumption. Northern Powergrid also has a sustainability program in place to continually improve their environmental performance.
The company's main product is the distribution of electricity, which they do through their extensive network of overhead lines and underground cables. They are also responsible for maintaining and upgrading the network to ensure a reliable supply of electricity to their customers.
Some key people at Northern Powergrid include Phil Jones, the CEO, and Mark Wilkinson, the Director of Sustainability. They lead a team of dedicated professionals who work to ensure the smooth and efficient operation of the company.
For more information about Northern Powergrid's services and sustainability initiatives, customers can visit their website at www.northernpowergrid.com. The registered office address is Northern Powergrid (Northeast) PLC, Lloyds Court, 78 Grey Street, Newcastle upon Tyne, NE1 6AF. Customers can also contact the company through their customer service helpline at 0800 011 3332.
