NORTHERN GAS NETWORKS LIMITED
Company Information
- Company Number
- 05167070
- Registered Address
- 1100 Century Way, Thorpe Park Business Park, Colton Leeds, LS15 8TU
- Status
- Active
- Employee Count
- 1,589
- Turnover
- £523,610,000
- EBITDA
- £313,700,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 30 June 2004
- Nature of Business
- 49500 - Transport via pipeline
- Industries
- Travel And Transportation
- Region
- Yorkshire and The Humber
Company Review
Trend Analysis
From 2018 to 2021, there has been a consistent decrease in the average time taken for NORTHERN GAS NETWORKS LIMITED to pay invoices to suppliers. The percentage of invoices paid within 30 days has also increased over this period. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days in 2021 compared to 2020.
Volatility Analysis
The volatility in the data for NORTHERN GAS NETWORKS LIMITED is fairly low as there are no major fluctuations in the average time taken to pay invoices or the percentage of invoices paid within 30 days. However, there is a slight increase in the volatility of the percentage of invoices paid between 31 and 60 days in 2021.
Summary Analysis
Between April 2018 and September 2020, NORTHERN GAS NETWORKS LIMITED consistently reduced their average time to pay invoices and increased the percentage of invoices paid within 30 days. The best period during this time was April-September 2020, where 85% of invoices were paid within 30 days and only 10% were paid between 31 and 60 days. In contrast, the worst period was April-September 2018, where 16% of invoices were paid later than 60 days.
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 2023 - 30 Sept 2023 | 19 Oct 2023 | |||||
| 01 Oct 2022 - 31 Mar 2023 | 20 Apr 2023 | |||||
| 01 Apr 2022 - 30 Sept 2022 | 25 Oct 2022 | |||||
| 01 Oct 2021 - 31 Mar 2022 | 26 Apr 2022 | |||||
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | |||||
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | |||||
| 01 Apr 2020 - 30 Sept 2020 | 19 Oct 2020 | |||||
| 01 Oct 2019 - 31 Mar 2020 | 24 Apr 2020 | |||||
| 01 Apr 2019 - 30 Sept 2019 | 24 Oct 2019 | 5 | 75% | 19% | 6% | 25% |
| 01 Oct 2018 - 31 Mar 2019 | 26 Apr 2019 | 15 | 85% | 5% | 10% | 52% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 20 | 79% | 5% | 16% | 37% |
Payment Time Trends
Payment Distribution Trends
Company Summary
Northern Gas Networks Limited is a gas distribution company that operates in the North of England, serving around 2.7 million customers. The company is committed to sustainability and has implemented several initiatives to reduce its carbon footprint.
One of the key activities of Northern Gas Networks is the distribution of gas to homes and businesses in the North of England. They are responsible for maintaining and upgrading the gas network, ensuring a safe and reliable supply of gas to their customers.
The company also has a strong sustainability program in place, with a focus on reducing emissions and promoting renewable energy sources. They have invested in low carbon technologies and are working towards a goal of net-zero emissions by 2050.
Northern Gas Networks offers a range of products and services to its customers, including gas connections, meter installations, and emergency response services. They also provide energy efficiency advice and support to help customers reduce their energy consumption.
Key people in the company include Chief Executive Officer Mark Horsley and Chairman John Cuthbert. They are supported by a team of experienced professionals who are dedicated to providing high-quality services to their customers.
For more information on Northern Gas Networks Limited, their website address is https://www.northerngasnetworks.co.uk/. Their registered office address is 1100 Century Way, Thorpe Park Business Park, Leeds, LS15 8TU, United Kingdom. Customers can also contact them through their customer service helpline on 0800 040 7766.
