NORTHERN GAS NETWORKS OPERATIONS LIMITED

PaymentCheck Score 2025
86Good
0.1vs last year
#1289 in UK
#54 in Yorkshire and The Humber

Company Information

Company Number
03528783
Registered Address
1100 Century Way, Thorpe Park Bussiness Park, Colton Leeds, LS15 8TU
Status
Active
Employee Count
1,480
Turnover
£369,857,000
EBITDA
£100,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 March 1998
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
24 days
Shortest Period:0 days
Longest Period:61 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
82%
31-60 Days
16%
After 60 Days
2%
Not Paid Within Terms11%

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: 2025-04-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202530 Oct 20252276%21%3%11%
01 Oct 2024 - 31 Mar 202528 Apr 20252482%16%2%11%
01 Oct 2023 - 31 Mar 202426 Apr 20242680%18%2%15%
01 Apr 2023 - 30 Sept 202319 Oct 20232276%19%5%20%
01 Apr 2022 - 30 Sept 202225 Oct 20222577%20%3%22%
01 Apr 2021 - 30 Sept 202122 Oct 20212282%16%2%20%
01 Oct 2020 - 31 Mar 202127 Apr 20212377%17%6%21%
01 Apr 2020 - 30 Sept 202019 Oct 20202576%18%6%31%
01 Apr 2019 - 30 Sept 201924 Oct 20192373%23%4%16%
01 Apr 2018 - 30 Sept 201830 Oct 20182966%30%4%17%

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

30 days from the month end following the date of the invoice.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

61

Dispute Resolution Process

Suppliers are contacted if there is a dispute with their invoice or PO, a mismatch of quantity or standards of goods/services received. This query could be handled by either the requisitioner or the accounts payable team or a combination of both. A report is issued twice a week to promote resolution of queries. If a dispute is ongoing, it is escalated to a senior member of the finance team.

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

Northern Gas Networks Operations Limited (NGN) is a gas distribution network company that operates in the North East, Northern Cumbria, and much of Yorkshire and the Humber in the United Kingdom. The company is responsible for delivering gas to over 2.7 million homes and businesses.

NGN is committed to sustainability and has a dedicated sustainability program in place. This includes efforts to reduce carbon emissions, invest in renewable energy sources, and promote energy efficiency. The company also has a focus on promoting community engagement and supporting local charities and initiatives.

As a gas distribution company, NGN provides a vital service to the communities it serves. The company is responsible for maintaining and upgrading the gas network, ensuring the safe and reliable delivery of gas to its customers. NGN also offers services such as connecting new gas supplies, repairing gas leaks, and responding to emergencies.

The key people at NGN include Mark Horsley, the Chief Executive Officer, and Nick Fairholme, the Director of Regulation and Strategy. NGN's registered office address is at 1 Emperor Way, Doxford International Business Park, Sunderland, SR3 3XR. The company's website is www.northerngasnetworks.co.uk, where customers can find information about their services, energy-saving tips, and ways to get in touch with the company. NGN also has a presence on social media platforms such as Twitter and LinkedIn.

Financial Metrics

Cash
£0
Net Worth
£909,000
Total Current Assets
£53,744,000
Total Current Liabilities
£52,835,000

Company Location