Score of 87.04/100 qualifies for PaymentCheck Certification
SMART DCC LIMITED demonstrates a strong trend for timely payments, with an average payment time of 26 days. The company consistently settles 74% of invoices within 30 days, indicating a reliable payment cycle. A minimal 1% of payments falling into the 'over 60 days' or 'late' categories further reinforces a positive payment trajectory.
Payment reliability is high, with 99% of invoices paid within 60 days, offering good predictability for suppliers. While 74% are very prompt, a quarter of payments extend into the 31-60 day window, which suppliers should factor into cash flow planning. However, the extremely low 1% rate for payments exceeding 60 days or being late indicates minimal severe risk factors.
SMART DCC LIMITED is an overall reliable payer, making them a favorable partner for suppliers. Key decision factors include the high probability of payment within 30 days, balanced with the expectation that about a quarter of invoices may take up to 60 days. Suppliers should consider this minor extended window for cash flow planning, but significant payment risk is low.
| 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 | 09 Apr 2026 | 20 | 86% | 14% | 0% | 14% |
| 01 Apr 2025 - 30 Sept 2025 | 16 Oct 2025 | 26 | 74% | 25% | 1% | 1% |
| 01 Oct 2024 - 31 Mar 2025 | 07 Apr 2025 | 20 | 94% | 6% | 0% | 0% |
| 01 Apr 2024 - 30 Sept 2024 | 11 Oct 2024 | 18 | 94% | 6% | 0% | 0% |
| 01 Oct 2023 - 31 Mar 2024 | 03 Apr 2024 | 18 | 91% | 7% | 2% | 2% |
| 01 Apr 2023 - 30 Sept 2023 | 06 Oct 2023 | 22 | 88% | 8% | 4% | 6% |
| 01 Oct 2022 - 31 Mar 2023 | 09 May 2023 | 21 | 85% | 9% | 6% | 8% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 19 | 92% | 7% | 1% | 2% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 19 | 98% | 2% | 0% | 2% |
| 01 Apr 2021 - 30 Sept 2021 | 21 Oct 2021 | 20 | 98% | 2% | 0% | 2% |
| 01 Oct 2020 - 31 Mar 2021 | 10 Apr 2021 | 18 | 99% | 1% | 0% | 2% |
| 01 Apr 2020 - 30 Sept 2020 | 26 Oct 2020 | 20 | 98% | 2% | 0% | 3% |
| 01 Oct 2019 - 31 Mar 2020 | 22 Apr 2020 | 17 | 86% | 12% | 2% | 13% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 26 | 69% | 24% | 7% | 29% |
| 01 Sept 2018 - 31 Mar 2019 | 30 Apr 2019 | 26 | 72% | 24% | 3% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 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
60
All contracts with major suppliers have a detailed dispute resolution process outlined in their contracts, which includes issuing a dispute notice, escalation routes if the dispute cannot be resolved, including mediation and arbitration. For smaller suppliers or initial concerns/complaints there would first be raised to a business contact and then referred to the appropriate team, e.g. supplier relationship management team or finance team for resolution within a reasonable period of time.
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
Smart DCC Limited is the licensed operator of Britain's Data Communications Company network, the secure telecommunications infrastructure connecting smart meters to energy suppliers and Distribution Network Operators. Awarded the Smart Meter Communication Licence in 2013, it designed, built and now runs the national network enabling smart meter enrolment, secure data transport, and central switching services. It does not install meters, read individual meter data, or handle policy or promotion, but provides testing facilities and other services to energy retailers, DNOs, managed service providers and innovation partners. The company is funded by its customers, energy retailers and Distribution Network Operators, and operates under Ofgem and government oversight to support Britain's smart meter roll-out and energy system transformation.
Generated from the company's website and Companies House records. Sources: smartdcc.co.uk · smartdcc.co.uk