NGP UTILITIES LIMITED
Company Information
- Company Number
- 09380706
- Registered Address
- Baltic Place East Tower, South Shore Road, Gateshead, United Kingdom, NE8 3AE
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 January 2015
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
NGP UTILITIES LIMITED generally pays within 34 days, with a significant 66% of invoices settled within 30 days. However, a consistent 34% of payments extend beyond typical 30-day terms, including 9% that take over 60 days, indicating a segment of persistently slower payments.
Volatility Analysis
The 47% late payment rate signifies substantial volatility and unpredictability in NGP UTILITIES LIMITED's payment behavior. This high percentage suggests a significant risk that individual invoices may not be paid on time, potentially disrupting supplier cash flow forecasting and reliability.
Summary Analysis
Suppliers should approach NGP UTILITIES LIMITED with caution due to the 34-day average payment time and 47% late payment rate. While most payments are timely, the notable risk of delayed payments necessitates clear payment terms and proactive invoice follow-up to mitigate potential cash flow impacts.
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 | 11 Jul 2025 | 28 | 65% | 27% | 8% | 48% |
| 01 Jul 2024 - 31 Dec 2024 | 04 Apr 2025 | 34 | 66% | 25% | 9% | 47% |
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
30 Days from date of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
NA
Maximum contractual payment period agreed
90
Dispute Resolution Process
Any purchase invoice disputes are raised by the purchase ledger team with input from the supplier and the person who raised the initial order. Our aim is to investigate and resolve disputes as quickly and efficiently as possible.
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.
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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.
❌
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
NGP UTILITIES LIMITED is a private limited company that operates within the utilities sector.
This active private limited company was incorporated on 9 January 2015 under company number 09380706. Its registered office is located at Baltic Place East Tower, South Shore Road, Gateshead, United Kingdom, NE8 3AE, placing its operations within the North East.
Companies operating within the UK utilities sector typically specialise in the provision of essential services. These often include the supply and distribution of electricity, gas, and water, alongside the development and maintenance of associated infrastructure.
