Industry ranking
Score of 85.9/100 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 Jul 2025 - 31 Dec 2025 | 26 Jan 2026 | 27 | 82% | 13% | 5% | 18% |
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 25 | 87% | 10% | 3% | 13% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Jan 2025 | 26 | 85% | 11% | 4% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 25 | 87% | 10% | 3% | 13% |
| 01 Jul 2023 - 31 Dec 2023 | 13 Feb 2024 | 25 | 87% | 10% | 3% | 13% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 23 | 85% | 9% | 6% | 15% |
| 01 Jan 2022 - 31 Dec 2022 | 30 Jan 2023 | 28 | 76% | 15% | 9% | 24% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 22 | 91% | 7% | 2% | 3% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 28 | 41% | 40% | 19% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 18 | 90% | 8% | 2% | 6% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are 30 days end of month from the date of Seller’s invoice receipt unless the Quotation or Seller’s Sales Order.
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
Within Storengy UK Ltd, a number of the contract templates that are utilised include provision for dispute resolution. There is also a procedure in place defining a standardised approach to be undertaken for the management of contractual disputes within Storengy UK Ltd. The functional responsibility for the development, review and maintenance of this procedure rests with the Head of Procurement. Where it has not been possible to resolve any contractual matters by form of negotiation, the following steps shall be taken: 1. Approved Dispute Resolution Form 2. Implement Dispute Resolution Strategy Where an agreement cannot be reached between the parties, the dispute shall be escalated within the Storengy UK Management team and Storengy Legal department.
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
Storengy UK Limited is registered at the Stublach site in Northwich, Cheshire, and is the UK subsidiary of Storengy, a company within the ENGIE group. The wider Storengy group is a European leader in underground natural gas storage, operating 21 storage sites across France, Germany and the United Kingdom, and is developing hydrogen storage projects in salt caverns as part of the transition to low-carbon energy. Storengy UK's registered business activity is the trade of gas through mains, consistent with its role in operating underground gas storage infrastructure supporting UK energy supply security, as part of the broader Storengy and ENGIE group operations.
Generated from the company's website and Companies House records. Sources: storengy.com · storengy.com