CENTRICA LNG COMPANY LIMITED

PaymentCheck Score 2025
99Excellent
0.4vs last year
#137 in UK
#27 in South East

Company Information

Company Number
06366483
Registered Address
Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD
Status
Active
Employee Count
2
Turnover
£4,039,069,000
EBITDA
£93,425,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 September 2007
Nature of Business
09100 - Support activities for petroleum and natural gas extraction
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
11 days
Shortest Period:10 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
98%
31-60 Days
2%
After 60 Days
0%
Not Paid Within Terms2%

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: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 2025099%1%0%3%
01 Jul 2024 - 31 Dec 202428 Jan 20251198%2%0%2%
01 Jan 2024 - 30 Jun 202426 Jul 20241198%2%0%4%
01 Jan 2022 - 30 Jun 202229 Jul 2022998%2%0%0%
01 Jan 2021 - 30 Jun 202127 Jul 2021996%4%0%0%
01 Jan 2020 - 30 Jun 202030 Jul 20205100%0%0%1%
01 Jan 2019 - 30 Jun 201924 Jul 2019797%3%0%7%
01 Jul 2018 - 31 Dec 201828 Jan 20191682%16%2%2%
01 Jan 2018 - 30 Jun 201830 Jul 20181979%19%2%0%

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

Centrica LNG Company Ltd does not have standard payment terms. The most frequently used payment terms are 10 business days after the date or receipt of invoice and relate to settlement of transactions for the purchase of liquefied natural gas.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

To prevent a delay in invoice processing, invoices must be clearly legible, comply with HMRC regulations and should include supplier details, purchase order number (if applicable) invoice number, invoice date and payment instructions, as well as the Centrica point of contact who requested the goods or services.

Maximum contractual payment period agreed

45

Dispute Resolution Process

Any disputes the suppliers should contact their specific contact within Accounts Payable Group. The Accounts Payable team will consider the complaint and respond accordingly.

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

Centrica LNG Company Limited is a leading energy company based in the United Kingdom. The company is primarily involved in the production, storage, and transportation of liquefied natural gas (LNG) for both domestic and international markets.

With a strong commitment to sustainability, Centrica LNG Company Limited has implemented various initiatives to reduce its carbon footprint and promote renewable energy sources. This includes investing in clean energy projects and implementing efficient processes to reduce emissions.

The company's main product is LNG, which is a cleaner and more efficient alternative to traditional fossil fuels. It is used in various industries such as power generation, heating, and transportation. Centrica LNG Company Limited also offers services such as LNG shipping and storage, as well as consultancy services for LNG projects.

Key people in the company include the Chief Executive Officer, Chris Weston, and the Chairman, Charles Berry. They lead a team of experienced professionals in the energy industry.

For more information on Centrica LNG Company Limited, their website address is www.centrica.com. Their registered office address is Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD, United Kingdom.

Financial Metrics

Cash
£0
Net Worth
-£373,531,740
Total Current Assets
£967,090,641
Total Current Liabilities
£1,278,729,629

Company Location