BRITISH GAS TRADING LIMITED

PaymentCheck Score 2025
96Excellent
0.3vs last year
#362 in UK
#28 in Property
#56 in South East

Company Information

Company Number
03078711
Registered Address
Millstream Maidenhead Road, Windsor, Berkshire, SL4 5GD
Status
Active
Employee Count
6,086
Turnover
£16,032,000,000
EBITDA
£324,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 July 1995
Nature of Business
35130 - Distribution of electricity
35220 - Distribution of gaseous fuels through mains
Industries
Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
South East

Time to Pay

Average Time to Pay
16 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
91%
31-60 Days
9%
After 60 Days
0%
Not Paid Within Terms4%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20251794%6%0%3%
01 Jul 2024 - 31 Dec 202428 Jan 20251691%9%0%4%
01 Jan 2024 - 30 Jun 202426 Jul 20241492%8%0%3%
01 Jan 2022 - 30 Jun 202229 Jul 20221690%6%4%7%
01 Jan 2021 - 30 Jun 202127 Jul 20211690%7%3%10%
01 Jan 2020 - 30 Jun 202030 Jul 20201592%6%2%8%
01 Jan 2019 - 30 Jun 201930 Jul 20191791%9%0%13%
01 Jul 2018 - 31 Dec 201828 Jan 20192086%10%4%11%
01 Jan 2018 - 30 Jun 201826 Jul 20182086%11%3%10%

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.

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

BRITISH GAS TRADING LIMITED is a leading energy company in the United Kingdom, providing gas and electricity to millions of customers. They are committed to sustainable practices and have a strong focus on reducing carbon emissions and promoting renewable energy.

As part of their sustainability program, the company offers energy-saving products and services to help customers reduce their energy consumption and lower their bills. They also invest in renewable energy sources and have set targets to reduce their own carbon footprint.

BRITISH GAS TRADING LIMITED is led by a team of experienced and knowledgeable individuals, including Chief Executive Officer, Sarwjit Sambhi. The company's registered office address is Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD.

Their range of products and services includes gas and electricity supply, boiler installation and maintenance, smart home technology, and energy efficiency advice. They also offer various payment and tariff options to suit different customer needs.

Customers can easily manage their energy accounts through the company's website, which also provides helpful resources and information on energy efficiency and sustainability. BRITISH GAS TRADING LIMITED strives to provide reliable and affordable energy solutions while working towards a greener future for the UK.

Financial Metrics

Cash
£472,800,000
Net Worth
£1,939,300,000
Total Current Assets
£11,695,900,000
Total Current Liabilities
£9,824,700,000

Company Location