Score of 87.6/100 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 2025 - 30 Jun 2025 | 09 Jul 2025 | 22 | 82% | 16% | 2% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 02 Jan 2025 | 23 | 82% | 17% | 1% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 10 Jul 2024 | 25 | 76% | 22% | 2% | 14% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 21 | 86% | 13% | 1% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 20 | 92% | 8% | 0% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Jan 2023 | 19 | 91% | 8% | 1% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 13 Jul 2022 | 27 | 75% | 24% | 1% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 06 Jan 2022 | 22 | 94% | 6% | 0% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Jul 2021 | 22 | 94% | 6% | 0% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Jan 2021 | 22 | 92% | 7% | 1% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Jul 2020 | 21 | 94% | 5% | 1% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 16 Jan 2020 | 22 | 94% | 5% | 1% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 23 | 81% | 18% | 1% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 21 Jan 2019 | 22 | 91% | 8% | 1% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 06 Jul 2018 | 24 | 89% | 11% | 0% | 6% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Invoices for services are payable within 30 days of receipt of an invoice. Invoices for goods are payable within 42 days of receipt of an invoice.
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
42
If Dragon LNG disputes an invoice, it will promptly notify the supplier of the disputed amount and pay the undisputed portion of the invoice. Dragon will endeavour to settle the dispute with the supplier expeditiously and in good faith, at the earliest possible date. Any agreed adjustment and subsequent payment shall be made promptly following the date of such settlement. The courts of England & Wales have jurisdiction in the event agreement cannot be reached.
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
Dragon LNG Limited operates an LNG import terminal at Waterston in Milford Haven, receiving liquefied natural gas and re-gasifying it for supply into the UK gas network. The site includes a re-liquefaction plant and the company describes itself as providing a reliable and flexible supply of natural gas to homes and businesses across the UK. It is jointly financed by two industry shareholders and works alongside a related renewable energy business, Dragon Energy Limited, which runs solar panels and a proposed wind turbine project at the same site. Dragon LNG Limited's own role is the operation and maintenance of the LNG terminal itself, distinct from the wider renewables activity carried out by its affiliated company.
Generated from the company's website and Companies House records. Sources: dragonlng.co.uk · dragonlng.co.uk · dragonlng.co.uk