Score of 82.25/100 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 | 21 Jan 2026 | 26 | 67% | 32% | 1% | 1% |
| 01 Jan 2025 - 30 Jun 2025 | 21 Jul 2025 | 26 | 69% | 29% | 2% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 30 | 54% | 44% | 2% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 30 | 53% | 45% | 2% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 33 | 46% | 52% | 2% | 17% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Jul 2023 | 35 | 40% | 58% | 2% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 34 | 41% | 58% | 1% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 30 | 49% | 49% | 2% | 17% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 30 | 56% | 38% | 6% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 34 | 47% | 46% | 7% | 10% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 27 | 68% | 27% | 5% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 26 | 73% | 20% | 7% | 16% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Net monthly. Net monthly is the standard payment term offered. This means that when an invoice is received for payment it will be paid by the end of the following month e.g. an invoice received on 31 Jan would be paid by 28 Feb (shortest duration of standard payment terms i.e. 28 days) or an invoice received on 1 Jul would be paid by 31 Aug (longest duration of standard payment terms i.e. 61 days) .
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
61
The Accounts Payable department will initially take responsibility for disputes relating to payment processing. Where a dispute is commercial in nature, or requires operational resolution, the case will be passed to the person responsible for raising the order for timely clearance.
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
Northern Powergrid Metering Limited is part of the Northern Powergrid group and operates as a Meter Asset Provider (MAP) for conventional and smart meters used by domestic and commercial energy customers. The company funds and rents metering and related utility assets to energy suppliers rather than owning or operating the wider distribution network itself. It states it manages approximately five million metering related assets in the UK and has relationships with the major energy suppliers. It is a member of the Community of Meter Asset Providers and has been active in this role since energy market deregulation, offering bespoke asset financing without relying on third-party financial organisations.
Generated from the company's website and Companies House records. Sources: northernpowergridmetering.com · northernpowergridmetering.com