Industry ranking
Score of 91.6/100 qualifies for PaymentCheck Certification
| 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 2021 - 30 Jun 2021 | 08 Dec 2021 | 19 | 89% | 9% | 2% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days
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
Payment statistics above include invoices with errors and include time to resolve queries. All disputes are followed up directly with the vendor by Accounts Payable or the contract Manager (depending which is more appropriate for the situation). Follow up takes place as soon as possible once the issue has been identified. Payment statistics above exclude all energy trading related invoices.
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
EDF Trading Markets Limited is a UK registered company, incorporated in 2001 and originally named EDF Energy Merchants Limited before adopting its current name in 2006. Companies House records its nature of business as agents involved in the sale of fuels, ores, metals and industrial chemicals, indicating a role in energy and commodity trading activities. The company is registered in London and remains active, forming part of the wider EDF corporate group, within which it operates as a trading entity rather than an energy producer or physical distributor. No further detail on specific markets or products traded is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk