CENTRICA PLC
Company Information
- Company Number
- 03033654
- Registered Address
- Millstream Maidenhead Road, Windsor, Berkshire, SL4 5GD
- Status
- Active
- Employee Count
- 19,954
- Turnover
- £23,741,000,000
- EBITDA
- £441,000,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 16 March 1995
- Nature of Business
- 35110 - Production of electricity35130 - Distribution of electricity35210 - Manufacture of gas35220 - Distribution of gaseous fuels through mains
- Industries
- Property,Infrastructure And Construction
- Region
- South 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 | 30 Jul 2025 | 49 | 28% | 71% | 1% | 2% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 47 | 32% | 66% | 2% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 45 | 29% | 70% | 1% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 31 | 50% | 47% | 3% | 21% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 34 | 53% | 37% | 10% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 24 | 64% | 24% | 12% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 54 | 26% | 57% | 17% | 30% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 50 | 26% | 56% | 18% | 31% |
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
We have standard payment terms of 60 days, however all suppliers categorised as Micro and Small are paid on 30 days terms. Sub-contractor are typically paid with 28 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
To prevent a delay in invoice processing, invoices must be clearly legible, comply with HMRC regulations and should include supplier details, purchase order number invoice number, invoice date and payment instructions, as well as the Centrica point of contact who requested the goods or services. Invoices should be issued electronically to centrica.jewel.live@boxit.co.uk Invoices issued without the above details may not be accepted and may be returned for amendment before being processed.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any disputes the suppliers should contact their specific contact Accounts Payable Group Group.accountspayable@centrica.com. The Accounts Payable team will consider the complaint and respond accordingly. Should an escalation occur an email to apescalation@centrica.com should be sent and the AP team will respond.
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
Centrica PLC is a British multinational energy and services company that operates in the United Kingdom, Ireland, and North America. The company was founded in 1997 and is headquartered in Windsor, Berkshire, UK.
The company's main activities include the supply of electricity and gas, as well as the provision of energy-related products and services. Centrica operates through three main divisions: British Gas, Centrica Business Solutions, and Centrica Energy.
One of the key focuses of Centrica is sustainability, and the company has a comprehensive sustainability program in place. This includes reducing its carbon footprint, promoting renewable energy, and investing in energy-efficient solutions. Centrica is committed to achieving net-zero carbon emissions by 2050 and has set short-term targets to reduce its carbon intensity by 50% by 2030.
Centrica offers a wide range of products and services to its customers, including energy supply, energy management solutions, home services, and electric vehicle charging. The company also provides services such as boiler installation and maintenance, energy audits, and smart home technology.
The key people at Centrica include the CEO, Chris O'Shea, and the Chairman, Charles Berry. The company has a team of experienced executives and employees who are committed to driving the business forward and delivering sustainable solutions to its customers.
The contact information for Centrica is as follows: website - www.centrica.com, registered office address - Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD, UK. Customers can also contact the company through its customer service helpline or online chat support.
In conclusion, Centrica PLC is a leading energy and services company in the UK, with a strong focus on sustainability and providing innovative solutions to its customers. With its diverse portfolio of products and services and a dedicated team of professionals, Centrica is well-positioned to continue its growth and contribute to a more sustainable future.
