NATIONAL GAS METERING LIMITED
Company Information
- Company Number
- 03705992
- Registered Address
- National Grid House Warwick Technology Park, Gallows Hill, Warwick, CV34 6DA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 February 1999
- Nature of Business
- 35230 - Trade of gas through mains
- Industries
- Coming Soon
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
NATIONAL GAS METERING LIMITED demonstrates a strong positive trend in payment speed, averaging 24 days and settling 73% of invoices within 30 days. This indicates a consistent operational efficiency in managing payables, suggesting a reliable trajectory for timely payments.
Volatility Analysis
Payment reliability for NATIONAL GAS METERING LIMITED is high, with only a 4% late payment rate, indicating predictable financial operations from a supplier perspective. While 25% of payments extend into the 31-60 day window and 2% exceed 60 days, the overall risk of prolonged payment delays is low.
Summary Analysis
Based on their strong average payment time of 24 days and high percentage of on-time payments, NATIONAL GAS METERING LIMITED presents a very low payment risk for suppliers. Suppliers can proceed with confidence; however, for larger contracts, consider monitoring the 27% of invoices that extend beyond 30 days to mitigate minor cash flow variations.
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 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 24 | 76% | 23% | 1% | 4% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 20 | 79% | 20% | 1% | 13% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 24 | 73% | 25% | 2% | 4% |
| 01 Apr 2023 - 30 Sept 2023 | 19 Oct 2023 | 24 | 73% | 25% | 2% | 5% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 21 | 77% | 23% | 0% | 4% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 24 | 49% | 49% | 2% | 11% |
| 01 Oct 2021 - 31 Mar 2022 | 30 Apr 2022 | 24 | 71% | 28% | 1% | 8% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 24 | 74% | 25% | 1% | 6% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 34 | 58% | 40% | 2% | 13% |
| 01 Apr 2020 - 30 Sept 2020 | 29 Oct 2020 | 34 | 50% | 47% | 3% | 27% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 39 | 31% | 66% | 3% | 9% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 39 | 21% | 75% | 4% | 13% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 36 | 36% | 59% | 5% | 15% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 35 | 43% | 53% | 4% | 16% |
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 commit to the payment of all undisputed sums properly due to third party suppliers within 42 days of a receipt of a valid invoice into the Accounts Payable department that references a Purchase Order number. A small number of companies have standard terms that fall outside this.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
In first instance all queries and/or disputes to be taken up with the National Grid purchase order contact stated on the PO. For general PO or payment queries e-mail to be sent to box.g.frontdesk.businessservices@nationalgas.com
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
NATIONAL GAS METERING LIMITED is an active private limited company specialising in gas metering.
Incorporated on 2 February 1999, the company operates under company number 03705992. Its registered office is located at National Grid House Warwick Technology Park, Gallows Hill, Warwick, CV34 6DA, within the West Midlands region.
Companies involved in gas metering typically provide essential services for the precise measurement and recording of gas consumption. These services generally encompass the installation, maintenance, and data collection from gas meters for residential, commercial, and industrial clients across the UK.
