Score of 96.55/100 qualifies for PaymentCheck Certification
WALNEY EXTENSION LIMITED demonstrates exceptionally strong payment performance, with an average payment time of just 6 days, well below standard 30-day terms. An overwhelming 97% of invoices are settled within 30 days, with only 2% falling into the 31-60 day bracket and a minimal 1% exceeding 60 days. This distribution indicates a consistently fast and reliable payment pattern with very limited instances of significant delay.
The company's payment behaviour is highly predictable, with 99% of all payments resolved within 60 days, leaving negligible exposure to prolonged settlement periods. The 5% late payment rate is a minor point of attention, though given the 6-day average, these late instances are likely marginal delays rather than substantial overruns. Overall, payment risk volatility is low, and suppliers can expect a high degree of consistency in cash flow when trading with this company.
WALNEY EXTENSION LIMITED represents a low-risk, high-reliability payment partner and can be confidently engaged without the need for restrictive credit terms or upfront payment conditions. The combination of a 6-day average settlement and 97% on-time rate within 30 days places this company among the strongest payers. Suppliers may consider offering standard or extended credit terms as an incentive, while monitoring the small 5% late payment proportion to ensure it does not increase over time.
| 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 | 27 Mar 2026 | 17 | 98% | 1% | 1% | 5% |
| 01 Jan 2025 - 30 Jun 2025 | 27 Mar 2026 | 21 | 97% | 3% | 0% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Mar 2026 | 16 | 91% | 9% | 0% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 27 Mar 2026 | 16 | 98% | 1% | 1% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 27 Mar 2026 | 12 | 95% | 4% | 1% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Mar 2026 | 13 | 88% | 10% | 2% | 9% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Mar 2026 | 6 | 96% | 3% | 1% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Mar 2026 | 8 | 95% | 2% | 3% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Mar 2026 | 7 | 98% | 1% | 1% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Mar 2026 | 6 | 97% | 2% | 1% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard contractual length of time for payment of invoices are 30 days from invoice received date. The maximum contractual payment period is 60 days from invoice day.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
"The Parties will attempt to settle any dispute between them by entering into good-faith negotiations through the appropriate management level of governance in a timely manner. The Parties must as a minimum attend the first good-faith negotiations. If a dispute is not resolved by prior negotiation, any dispute arising out of or in connection with the Agreement, including any disputes regarding the existence, validity or termination thereof, shall be settled by arbitration in accordance with the provisions of the Rules of the London Court of International Arbitration provided that: a) one (1) arbitrator will be appointed; b) the arbitrator applies the laws of England; c) the arbitration shall be conducted in the English language; and d) be held in London, England. Any arbitration proceedings and decisions under the Agreement are confidential."
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
Walney Extension Limited is a UK-registered private company, incorporated in 2010 and previously named Dong Energy Walney Extension (UK) Ltd, indicating a historical link to the Dong Energy (now Orsted) group and the Walney Extension offshore wind project. Companies House records its nature of business as other business support activities not elsewhere classified, and several of its directors are associated with Orsted A/S addresses, suggesting it functions as a corporate or financing vehicle within the Orsted group rather than an operating business in its own right. The company remains active, filing routine accounts, confirmation statements and share capital documents. No public-facing description of trading operations is available in the evidence supplied.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk