Industry ranking
Score of 84.35/100 qualifies for PaymentCheck Certification
VPI HOLDING LIMITED generally exhibits a strong trend of timely payments, with a significant 80% of invoices settled within 30 days. However, the average payment time of 37 days is influenced by a consistent 20% of payments extending beyond this initial period. This indicates a predictable pattern where most transactions are quick, but a segment reliably falls into a slower payment cycle.
The company's payment behavior introduces some volatility, evidenced by 11% of payments being late and 8% extending beyond 60 days. This means suppliers face a measurable risk of experiencing significant payment delays for a portion of their invoices, impacting cash flow predictability. While the majority pays promptly, the consistent tail of slower payments suggests a degree of unreliability for a subset of transactions.
Based on the data, VPI HOLDING LIMITED can be considered a generally acceptable partner, but suppliers must account for potential delays on a notable minority of invoices. Key decision factors include the supplier's capacity to absorb occasional extended payment terms and their comfort with an 8% chance of payments exceeding 60 days. To mitigate risk, suppliers should consider strict credit term enforcement and proactive monitoring of overdue accounts.
| 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 | 30 Jan 2026 | 29 | 87% | 12% | 1% | 3% |
| 01 Jan 2025 - 30 Jun 2025 | 01 Aug 2025 | 37 | 80% | 12% | 8% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from month end
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
30
Initial contact is to be made by the supplier to accounts payable who will then follow up internally, liaising with with the supplier until the dispute is resolved. From the point of requisition to approval of PO, the procurement team deal with any queries.
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
VPI Holding Limited is a holding entity within the VPI group of companies, registered in London. The wider VPI group, backed by Vitol, operates as a power company across the UK, Ireland and Germany, with a portfolio including thermal power plants, battery storage and carbon capture projects. Group assets deliver dispatchable and flexible electricity generation, reportedly with 3.5GW of capacity across eight operating sites. VPI was established in 2013 following Vitol's acquisition of the Immingham Combined Heat and Power plant, and has since expanded into battery storage and carbon capture development. This registered entity itself functions as part of that corporate structure rather than as an operating business in its own right.
Generated from the company's website and Companies House records. Sources: vpi.energy · vpi.energy