SOUTHERN ELECTRIC POWER DISTRIBUTION PLC
Company Information
- Company Number
- 04094290
- Registered Address
- No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 23 October 2000
- Nature of Business
- 35130 - Distribution of electricity
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SOUTHERN ELECTRIC POWER DISTRIBUTION PLC consistently demonstrates strong payment speed, with an average payment time of 24 days. A significant 92% of invoices are settled within 30 days, indicating a highly efficient and stable payment process. The very low 1% of payments extending beyond 60 days suggests a reliable and positive payment trajectory over time.
Volatility Analysis
Payment reliability is high, with the vast majority of payments occurring within a predictable 30-day timeframe, making this company a dependable payer. While 15% of payments are technically late, most of these (7% of total) still fall within a manageable 31-60 day period, reducing severe volatility. The minimal 1% of payments over 60 days indicates a very low risk of extreme payment delays for suppliers.
Summary Analysis
Overall, SOUTHERN ELECTRIC POWER DISTRIBUTION PLC represents a low payment risk for suppliers, supported by its prompt average payment time and high percentage of payments within 30 days. Suppliers can confidently expect timely remuneration, though acknowledging the small portion (7%) that may take 31-60 days is a prudent decision factor. No significant risk mitigation beyond standard credit terms appears necessary, given the strong payment performance.
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 Apr 2025 - 30 Sept 2025 | 27 Oct 2025 | 24 | 92% | 7% | 1% | 15% |
| 01 Oct 2024 - 31 Mar 2025 | 21 Apr 2025 | 26 | 89% | 9% | 2% | 16% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 26 | 87% | 11% | 2% | 19% |
| 01 Oct 2023 - 31 Mar 2024 | 24 Apr 2024 | 28 | 83% | 12% | 5% | 30% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 25 | 95% | 3% | 2% | 27% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 27 | 88% | 9% | 3% | 23% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 30 | 82% | 15% | 3% | 19% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | 29 | 83% | 15% | 2% | 21% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 28 | 87% | 9% | 4% | 27% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 28 | 89% | 8% | 3% | 24% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 28 | 81% | 15% | 4% | 27% |
| 01 Oct 2019 - 31 Mar 2020 | 27 Apr 2020 | 28 | 78% | 17% | 5% | 35% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 31 | 75% | 19% | 6% | 51% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 30 | 68% | 24% | 8% | 56% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 34 | 73% | 18% | 9% | 73% |
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
SSE's standard payment terms are Nett 30 days but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate.
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
30
Dispute Resolution Process
The Dispute Resolution Process is detailed within the Accounts Payable section at http://sse.com/potential-suppliers/. Alternatively suppliers can also contact the "orderer" directly using the details provided on the Purchase Order
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
SOUTHERN ELECTRIC POWER DISTRIBUTION PLC is an active Public Limited Company specialising in electric power distribution
Its name clearly indicates its operational focus within the energy sector
The company was incorporated on 23 October 2000, operating under company number 04094290
Its registered office is located at No.1 Forbury Place, 43 Forbury Road, Reading, United Kingdom, RG1 3JH, serving the South East region
Organisations in electric power distribution in the UK are typically responsible for operating and maintaining the local electricity network
This involves managing infrastructure such as cables, substations, and other equipment to deliver electricity from the transmission system to end-users, ensuring a reliable supply and responding to network issues
