NORTHERN POWERGRID (YORKSHIRE) PLC
Company Information
- Company Number
- 04112320
- Registered Address
- Lloyds Court, 78 Grey Street, Newcastle Upon Tyne, NE1 6AF
- Status
- Active
- Employee Count
- 1,122
- Turnover
- £544,304,000
- EBITDA
- £360,430,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 22 November 2000
- Nature of Business
- 35130 - Distribution of electricity
- Industries
- Coming Soon
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 21 Jul 2025 | 24 | 74% | 22% | 4% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 23 | 76% | 20% | 4% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 24 | 75% | 19% | 6% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 27 | 73% | 24% | 3% | 10% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 28 | 72% | 26% | 2% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 28 | 73% | 25% | 2% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 27 | 73% | 24% | 3% | 9% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 25 | 68% | 30% | 2% | 6% |
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
Net monthly. Net monthly is the standard payment term offered. This means that when an invoice is received for payment it will be paid by the end of the following month e.g. an invoice received on 31 Jan would be paid by 28 Feb (shortest duration of standard payment terms i.e. 28 days) or an invoice received on 1 Jul would be paid by 31 Aug (longest duration of standard payment terms i.e. 61 days) .
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
61
Dispute Resolution Process
The Accounts Payable department will initially take responsibility for disputes relating to payment processing. Where a dispute is commercial in nature, or requires operational resolution, the case will be passed to the person responsible for raising the order for timely clearance.
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.
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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 Powergrid (Yorkshire) PLC is an electricity distribution company that serves over 3.9 million customers in the North East of England and Yorkshire. They are responsible for maintaining and operating the electricity network in the region, ensuring a reliable and safe supply of electricity to homes and businesses.
One of the key focuses of Northern Powergrid is their sustainability program. They are committed to reducing their environmental impact and promoting sustainable practices. This includes investing in renewable energy sources, such as solar and wind power, and working towards a more efficient and low-carbon network. They also have a strong emphasis on community engagement, partnering with local organizations and supporting initiatives that benefit the environment.
In terms of products and services, Northern Powergrid offers a range of energy solutions for both residential and commercial customers. This includes connecting new properties to the electricity network, upgrading existing connections, and providing support for renewable energy projects. They also offer a variety of online tools and resources to help customers manage their energy usage and bills.
The key people at Northern Powergrid include CEO Phil Jones, who has over 30 years of experience in the energy industry, and Director of Sustainability Jim Cardwell, who oversees the company's sustainability initiatives. They also have a team of engineers and technicians who work tirelessly to maintain and improve the electricity network.
For any inquiries or concerns, customers can contact Northern Powergrid through their website or by calling their customer service hotline. Their registered office address is Northern Powergrid (Yorkshire) PLC, 55 Castle Street, Kingston Upon Hull, HU1 1AA. Their website address is www.northernpowergrid.com.
In summary, Northern Powergrid (Yorkshire) PLC is a leading electricity distribution company in the North East of England and Yorkshire. Their sustainability program, commitment to renewable energy, and range of energy solutions make them a key player in the region's energy industry. With a dedicated team and a strong focus on community engagement, they continue to provide reliable and sustainable electricity services to their customers.
