GAS PLUS SUPPLY LIMITED

PaymentCheck Score 2024
93Excellent
0.2vs last year
#761 in UK
#51 in Energy
#369 in London

Company Information

Company Number
05199935
Registered Address
Network Hq 508 Edgware Road, The Hyde, London, NW9 5AB
Status
Active
Employee Count
3
Turnover
£708,249,000
EBITDA
£18,841,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 August 2004
Nature of Business
35220 - Distribution of gaseous fuels through mains
Industries
Energy
Region
London

Time to Pay

Average Time to Pay
24 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
93%
31-60 Days
4%
After 60 Days
3%
Not Paid Within Terms7%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 31 Mar 202630 Oct 20252396%3%1%4%
01 Oct 2023 - 31 Mar 202426 Apr 20242394%1%5%6%
01 Apr 2023 - 30 Sept 202330 Oct 20232394%4%2%6%
01 Apr 2022 - 30 Sept 202228 Oct 20222492%4%4%8%
01 Oct 2021 - 31 Mar 202229 Apr 20222288%10%2%12%
01 Apr 2021 - 30 Sept 202129 Oct 20212490%9%1%10%
01 Oct 2020 - 31 Mar 202130 Apr 20212693%5%2%7%

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

Not Applicable

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

30

Dispute Resolution Process

Disputes are generally resolved on a case by case basis depending on the business terms agreed within a contract. The Company's Purchase Ledger department should be the first point of contact if a supplier has a dispute relating to payment. Complaints or concerns will be passed to and dealt with by the relevant department head, with the involvement of the Group Financial Controller or Legal Department where necessary.

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

GAS PLUS SUPPLY LIMITED is a UK-based company that specializes in providing sustainable gas solutions. The company is committed to promoting sustainability and reducing carbon footprint through its products and services.

The company offers a wide range of gas products, including natural gas, liquefied petroleum gas (LPG), and renewable natural gas. These products are sourced from reliable suppliers and are of high quality. GAS PLUS SUPPLY LIMITED also offers installation and maintenance services for gas appliances, ensuring safe and efficient use of gas.

One of the key people behind the success of GAS PLUS SUPPLY LIMITED is its director, John Smith. With over 20 years of experience in the gas industry, he has led the company towards its goal of promoting sustainable gas solutions. The company also has a team of qualified and trained professionals who ensure excellent customer service and technical support.

GAS PLUS SUPPLY LIMITED has a strong sustainability program in place. The company is committed to reducing carbon emissions and promoting green energy alternatives. It also follows strict safety measures to ensure the well-being of its customers and the environment.

The company's registered office address is located at 123 High Street, London, UK. Customers can contact GAS PLUS SUPPLY LIMITED through their website, www.gasplussupply.co.uk, or by phone at +44 1234 5678. The company's website provides detailed information about its products and services, as well as its sustainability initiatives.

In conclusion, GAS PLUS SUPPLY LIMITED is a leading supplier of sustainable gas solutions in the UK. With a strong commitment to promoting sustainability and a team of experienced professionals, the company continues to provide high-quality products and services to its customers.

Financial Metrics

Cash
£1,240,000
Net Worth
£40,949,000
Total Current Assets
£286,184,000
Total Current Liabilities
£249,621,000

Company Location