| 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 | 30 Apr 2026 | 27 | 49% | 50% | 1% | 0% |
| 01 Apr 2025 - 30 Sept 2025 | 11 Nov 2025 | 26 | 60% | 39% | 1% | 2% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 27 | 54% | 44% | 2% | 12% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 28 | 61% | 30% | 9% | 17% |
| 01 Oct 2023 - 31 Mar 2024 | 02 May 2024 | 27 | 55% | 44% | 1% | 5% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 23 | 64% | 34% | 2% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
42 days from invoice date
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
60
All disputes raised will be handled by a combination of the dedicated Purchase to Pay team, the Procurement team and the business unit working with the supplier
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
National Grid North Sea Link Limited is a UK-based company that operates the world's longest subsea interconnector, connecting the electricity grids of the UK and Norway. The company is committed to promoting sustainable practices in its operations and has a strong focus on environmental responsibility.
The company's sustainability program includes initiatives such as reducing carbon emissions, promoting renewable energy sources, and minimizing waste. They also work closely with local communities to ensure their projects have a positive impact and support the transition to a low-carbon economy.
In terms of products and services, National Grid North Sea Link Limited offers the transport of electricity between the UK and Norway, providing a reliable and efficient source of energy for both countries. This helps to reduce reliance on fossil fuels and supports the growth of renewable energy.
Key people at National Grid North Sea Link Limited include Director of Operations, Andy Roberts, and Director of Commercial and Regulatory Affairs, Steve Wilson. The company's registered office address is National Grid House, Warwick Technology Park, Gallows Hill, Warwick, CV34 6DA, with their website being www.northsealink.com.
In summary, National Grid North Sea Link Limited is a leading company in the energy sector, promoting sustainable practices and offering innovative solutions for the UK's electricity needs. With a strong commitment to environmental responsibility and a team of dedicated professionals, the company is well-positioned to support the transition to a greener future.
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