| 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 Jul 2025 - 31 Dec 2025 | 29 Jan 2026 | 0% | ||||
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 30 | 67% | 33% | 0% | 33% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 31 | 67% | 33% | 0% | 33% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 28 | 100% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 49 | 0% | 100% | 0% | 100% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 25 | 91% | 9% | 0% | 33% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 36 | 60% | 40% | 0% | 40% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 32 | 72% | 28% | 0% | 28% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 32 | 72% | 25% | 3% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We have standard payment terms of 30 days from date of receipt of invoice, but the procurement organisation allows for shorter payment terms for smaller suppliers during the contract negotiation process.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Spirit Energy implemented an automated Accounts Payable solution in May 2025. The solution did not work as anticipated and caused a backlog in overdue invoices. Spirit Energy added additional resources to the team to tackle the issue and successfully cleared the back log by 31.12.2025. The initial problems from the implementation have now been addressed and should not re-occur.
Maximum contractual payment period agreed
30
Any disputes the suppliers should contact their specific contact in Accounts Payable spiritenergyap@spirit-energy.com The Accounts Payable team will consider the complaint and respond accordingly.
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
SPIRIT ENERGY SOUTHERN NORTH SEA LIMITED is a leading energy company that operates in the southern North Sea region. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
The company's primary activities include exploration, production, and development of oil and gas resources in the southern North Sea. They also offer a range of energy products and services to their clients, including renewable energy solutions.
Some of the key people at SPIRIT ENERGY SOUTHERN NORTH SEA LIMITED include the CEO, who oversees the company's operations, and the sustainability director, who leads the company's sustainability efforts.
In terms of sustainability, the company has set ambitious targets to reduce its carbon footprint and has invested in renewable energy projects. They also prioritize safety and have implemented measures to ensure the well-being of their employees and contractors.
For any inquiries or information about SPIRIT ENERGY SOUTHERN NORTH SEA LIMITED, their website address is www.spirit-energy.com. Their registered office address is Spirit Energy Limited, 1 Canada Square, Canary Wharf, London, E14 5AA.
In conclusion, SPIRIT ENERGY SOUTHERN NORTH SEA LIMITED is a leading energy company with a strong focus on sustainability. Their range of products and services, along with their commitment to reducing their environmental impact, make them a key player in the energy industry.
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