BRITISH GAS SERVICES LIMITED

PaymentCheck Score 2025
54Fair
4.2vs last year
#3382 in UK
#323 in Financial Services
#552 in South East

Company Information

Company Number
03141243
Registered Address
Millstream Maidenhead Road, Windsor, Berkshire, SL4 5GD
Status
Active
Employee Count
8,013
Turnover
£928,354,000
EBITDA
£19,830,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 December 1995
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Financial Services,Property,Infrastructure And Construction,Safety And Security,Supply Chain,Manufacturing And Commerce Models
Region
South East

Time to Pay

Average Time to Pay
46 days
Shortest Period:28 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
28%
31-60 Days
71%
After 60 Days
1%
Not Paid Within Terms3%

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 20255124%74%2%4%
01 Jul 2024 - 31 Dec 202428 Jan 20254628%71%1%3%
01 Jan 2024 - 30 Jun 202426 Jul 20244529%70%1%4%
01 Jan 2022 - 30 Jun 202229 Jul 20224927%46%27%6%
01 Jan 2021 - 30 Jun 202127 Jul 20215027%38%35%6%
01 Jan 2020 - 30 Jun 202030 Jul 20205024%40%36%6%
01 Jan 2019 - 30 Jun 201930 Jul 20194131%61%8%13%
01 Jul 2018 - 31 Dec 201828 Jan 20194626%69%5%18%
01 Jan 2018 - 30 Jun 201826 Jul 20184622%73%5%22%

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 Services Limited is a leading energy and home services company in the United Kingdom. They offer a variety of services, including gas and electricity supply, boiler installation and repair, home insulation, and smart home solutions.

The company is committed to sustainability and has various initiatives in place to reduce their environmental impact. They have invested in renewable energy sources and offer customers the option to choose green energy tariffs. They also have a nationwide energy efficiency program that helps customers save on their energy bills while reducing their carbon footprint.

British Gas Services Limited has a team of highly skilled and experienced professionals who are dedicated to providing top-notch services to their customers. Their key people include the CEO, Chris O'Shea, and the Managing Director, Sarwjit Sambhi.

Customers can easily access British Gas Services Limited through their website, where they can manage their accounts, book services, and get helpful energy-saving tips. The company's registered office is located in Windsor, Berkshire.

Overall, British Gas Services Limited is a reputable and sustainable company that offers a range of services to meet the energy and home needs of their customers in the UK. They are committed to providing excellent services while also prioritizing the environment and helping customers reduce their carbon footprint.

Financial Metrics

Cash
£425,106,000
Net Worth
£1,183,634,000
Total Current Assets
£1,024,715,000
Total Current Liabilities
£198,099,000

Company Location