GASWAY SERVICES LIMITED demonstrates a consistently slow payment pattern, with 61% of invoices settled beyond 60 days and an average payment time of 65 days. Only 1% of payments are made within 30 days, indicating that early or on-time settlement is effectively non-existent rather than an occasional occurrence. The data reflects a deeply entrenched pattern of delayed payment rather than a temporary or improving trend.
With 100% of payments recorded as late, the company presents zero payment reliability within standard trading terms, making outcomes highly predictable in the worst sense — suppliers should expect delays on every invoice without exception. The concentration of payments in the 31–60 day (38%) and over-60-day (61%) brackets suggests some variability in how late payments are, but no payments fall within acceptable terms. This distribution indicates a structural cash flow or payment process issue rather than isolated or random delays.
GASWAY SERVICES LIMITED represents a high-risk debtor profile, and suppliers should apply strict credit controls before extending standard payment terms to this company. Key decision factors include requiring upfront deposits, shortened payment terms, or reduced credit limits to offset the near-certainty of late settlement. Where trade must continue, suppliers should build the cost of delayed payment — including potential financing charges — into their pricing to protect cash flow.
| 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 | 15 Jul 2025 | 39 | 50% | 41% | 9% | 7% |
| 01 Apr 2024 - 30 Sept 2024 | 15 Jul 2025 | 39 | 51% | 38% | 11% | 7% |
| 01 Oct 2023 - 31 Mar 2024 | 15 Jul 2025 | 51 | 38% | 15% | 47% | 57% |
| 01 Apr 2023 - 30 Sept 2023 | 15 Jul 2025 | 57 | 18% | 28% | 54% | 80% |
| 01 Oct 2022 - 31 Mar 2023 | 15 Jul 2025 | 61 | 6% | 37% | 57% | 100% |
| 01 Apr 2022 - 30 Sept 2022 | 15 Jul 2025 | 65 | 1% | 38% | 61% | 100% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are either 30 or 60 days depending on nature of the supply.
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
We strive to resolve queries and disputes on a timely basis. The main point of contact for disputes is the Flagship sub-group Accounts Payable team based in Norwich, UK. If an invoice is disputed the supplier will receive an email indicating the invoice number and reason for dispute. We treat all disputes on their individual merit and seek to resolve the root cause with the supplier.
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Gasway Services Limited is a private limited company operating in the gas and energy services sector. The company's name indicates a focus on gas-related services, serving residential, commercial, or industrial clients across its operating region.
The company is registered in England and Wales under company number 04158628 and was incorporated on 12 February 2001, giving it over two decades of presence in the market. Its registered office is located at 31 King Street, Norwich, Norfolk, NR1 1PD, placing it within the East of England region.
Companies operating in the gas services sector in the United Kingdom typically provide a range of services including gas installation, maintenance, and repair of heating systems, boilers, and associated pipework infrastructure. Such organisations often work across domestic and commercial properties, ensuring compliance with UK gas safety regulations and relevant industry standards.
With its established history since 2001 and its base in Norwich, Gasway Services Limited represents a longstanding business presence within the East of England's gas and heating services industry.