SCOTIA GAS NETWORKS LIMITED
Company Information
- Company Number
- 04958135
- Registered Address
- St Lawrence House, Station Approach, Horley, Surrey, RH6 9HJ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 November 2003
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SCOTIA GAS NETWORKS LIMITED demonstrates a strong positive trend in payment speed, with an average payment time of 14 days and 94% of invoices settled within 30 days. This indicates a consistent and efficient payment process, despite a reported 22% late payment rate suggesting some invoices, while still settling relatively quickly, exceed initial terms. The overall trajectory points to a company that prioritizes timely disbursements for the majority of its suppliers.
Volatility Analysis
The company exhibits high reliability and predictability in its payment behavior, with 94% of payments made within 30 days. While 5% of payments fall into the 31-60 day bracket and 1% exceed 60 days, this represents a minor deviation for a small portion of invoices, suggesting minimal systemic volatility. The primary risk factor for suppliers is the 22% reported late payment rate, indicating that while most payments are fast, some specific invoices may not adhere to initial contractual due dates.
Summary Analysis
Given the strong payment metrics, SCOTIA GAS NETWORKS LIMITED is assessed as a low-risk client for suppliers, characterized by fast average payment times. Key decision factors include the high probability of prompt payment (94% within 30 days) balanced against the moderate risk of an invoice being technically "late" (22%). Suppliers may consider clear payment terms and potentially short-term credit limits to mitigate the minor risk associated with the small percentage of slower payments.
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 | 23 Oct 2025 | 14 | 94% | 5% | 1% | 22% |
| 01 Oct 2024 - 31 Mar 2025 | 23 Apr 2025 | 14 | 89% | 10% | 1% | 20% |
| 01 Apr 2024 - 30 Sept 2024 | 16 Oct 2024 | 13 | 88% | 11% | 1% | 21% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 14 | 89% | 10% | 1% | 21% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Oct 2023 | 15 | 88% | 11% | 1% | 26% |
| 01 Oct 2022 - 31 Mar 2023 | 02 May 2023 | 15 | 88% | 10% | 2% | 25% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 24 | 84% | 10% | 6% | 29% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 17 | 86% | 10% | 4% | 25% |
| 01 Apr 2021 - 30 Sept 2021 | 12 Oct 2021 | 15 | 90% | 8% | 2% | 29% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 15 | 87% | 10% | 3% | 27% |
| 01 Apr 2020 - 30 Sept 2020 | 27 Oct 2020 | 20 | 84% | 12% | 4% | 32% |
| 01 Oct 2019 - 31 Mar 2020 | 27 Apr 2020 | 12 | 90% | 8% | 2% | 26% |
| 01 Apr 2019 - 30 Sept 2019 | 03 Dec 2019 | 21 | 90% | 9% | 1% | 29% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 22 | 90% | 8% | 2% | 35% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 15 | 89% | 9% | 2% | 33% |
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
SGN's standard payment terms are Nett Monthly but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate. During the reporting period the majority of the terms agreed on POs were shorter than our standard terms - Nett Monthly
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
Dispute Resolution Process
"1) Suppliers can obtain an update on the status of their invoices by contacting Accounts Payable. Where the issue relates to the approval of the invoice suppliers may be referred to the ""orderer"". 2) 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
SCOTIA GAS NETWORKS LIMITED is an active private limited company operating within the gas networks sector
Its name indicates a specialisation in gas network operations and management
Incorporated on 10 November 2003, the company is registered in England and Wales under company number 04958135
Its registered office is located in the South East at St Lawrence House, Station Approach, Horley, Surrey, RH6 9HJ
Companies of this type, which manage gas networks in the UK, typically oversee the distribution of natural gas to domestic and commercial customers
This involves the ownership, operation, and maintenance of the vast network of gas pipes, mains, and associated infrastructure
