NORTHERN POWERGRID METERING LIMITED
Company Information
- Company Number
- 07647856
- Registered Address
- 2nd Floor Lloyds Court, 78 Grey Street, Newcastle Upon Tyne, NE1 6AF
- Status
- Active
- Employee Count
- 0
- Turnover
- £86,334,000
- EBITDA
- £83,752,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 May 2011
- Nature of Business
- 77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 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 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 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% |
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
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
Dispute Resolution Process
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.
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.
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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?
❌
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
Northern Powergrid Metering Limited is a company that specializes in providing smart metering solutions for electricity and gas. Their services include installation, maintenance, and management of smart meters for both domestic and commercial customers.
The company is committed to promoting sustainability and reducing carbon emissions. They have implemented a sustainability program that focuses on reducing their environmental impact, promoting renewable energy, and supporting local communities. This includes initiatives such as using electric vehicles for their operations, investing in renewable energy projects, and supporting local charities and community projects.
Northern Powergrid Metering Limited offers a range of products and services to their customers, including smart meters, energy monitoring systems, and energy efficiency advice. Their smart meters help customers to track their energy usage in real-time, leading to better energy management and cost savings. They also offer energy management services to businesses, helping them to reduce their energy consumption and carbon footprint.
The key people at Northern Powergrid Metering Limited include the CEO, Mark Horsley, and the Managing Director, Stewart Reid. They are supported by a team of experienced professionals who are dedicated to providing high-quality services to their customers.
To contact Northern Powergrid Metering Limited, customers can visit their website at www.northernpowergridmetering.co.uk. Their registered office address is at Northern Powergrid, New Bridge Street West, Newcastle upon Tyne, NE1 8EX.
Overall, Northern Powergrid Metering Limited is a leading company in the smart metering industry, with a strong focus on sustainability and providing innovative solutions to their customers.
