Score of 95.77/100 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 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 20 | 96% | 4% | 0% | 6% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 19 | 98% | 1% | 1% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 22 | 99% | 0% | 1% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 23 | 97% | 2% | 1% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 22 | 97% | 2% | 0% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 23 | 98% | 1% | 1% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 22 | 97% | 3% | 0% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 22 | 98% | 2% | 0% | 4% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 21 | 98% | 2% | 0% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 24 | 93% | 7% | 0% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 23 | 98% | 2% | 0% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 23 | 97% | 2% | 0% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 22 | 92% | 7% | 1% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 22 | 89% | 11% | 1% | 14% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jul 2019 | 19 | 95% | 4% | 1% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 29 Jul 2019 | 23 | 78% | 21% | 1% | 28% |
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
There are a small number of other payment periods, e.g. 10 days, 20 days etc. but these are in the minority and are not contract type specific.
Maximum contractual payment period agreed
30
Contact whoever the dispute is with in the first instance. Otherwise contact Accounts Payable. Reception number is +44 20 3621 7800.
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
Interconnector Limited owns and operates the bi-directional subsea gas pipeline linking Bacton in the UK with Zeebrugge in Belgium. It markets transmission capacity to shippers, offering around 20 bcm/year of UK export capacity and 21.2 bcm/year of UK import capacity, alongside scheduling services supporting gas supply and trading between the UK and continental Europe. The company is part of the Fluxys Group, with SNAM holding a minority equity stake. Commercial operations are run from London, with physical infrastructure at the UK and Belgian gas terminals. It positions itself as a key link in the energy supply chain, supporting security of gas supply between British and European markets.
Generated from the company's website and Companies House records. Sources: interconnector.com · interconnector.com