Industry ranking
Score of 93.17/100 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 Oct 2025 - 31 Mar 2026 | 29 Apr 2026 | 23 | 95% | 5% | 0% | 1% |
| 01 Apr 2025 - 30 Sept 2025 | 08 Oct 2025 | 23 | 95% | 5% | 0% | 1% |
| 01 Oct 2024 - 31 Mar 2025 | 04 Jun 2025 | 23 | 90% | 5% | 5% | 10% |
| 01 Apr 2024 - 30 Sept 2024 | 16 Oct 2024 | 30 | 90% | 5% | 5% | 10% |
| 01 Oct 2023 - 31 Mar 2024 | 17 Apr 2024 | 30 | 90% | 10% | 0% | 10% |
| 01 Apr 2023 - 30 Sept 2023 | 19 Oct 2023 | 23 | 90% | 5% | 5% | 10% |
| 01 Oct 2022 - 31 Mar 2023 | 12 Jun 2023 | 23 | 95% | 5% | 0% | 5% |
| 01 Apr 2022 - 30 Sept 2022 | 10 Nov 2022 | 23 | 95% | 5% | 0% | 5% |
| 01 Oct 2021 - 31 Mar 2022 | 25 Apr 2022 | 23 | 95% | 5% | 0% | 5% |
| 31 Mar 2021 - 30 Sept 2021 | 09 Mar 2022 | 23 | 95% | 5% | 0% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days
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
45
Our supply chain are promptly made aware of any queries following the result of PO mismatch or quality issues which would delay or risk their payment.
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
Vertas Group Limited is the registered entity linked to OrbisEnergy, a business centre in Lowestoft, Suffolk, aimed at companies working in offshore wind, wave and tidal technologies. The building offers office accommodation, meeting rooms and conference facilities, and provides tenants and virtual tenants with networking opportunities and business support within the offshore renewables sector. Companies House lists the business under the SIC code for combined facilities support activities. No other trading activity is described in the available evidence, and the summary reflects only the facilities and services described on the OrbisEnergy site associated with this company.
Generated from the company's website and Companies House records. Sources: orbisenergy.co.uk · orbisenergy.co.uk · orbisenergy.co.uk