Score of 80.15/100 qualifies for PaymentCheck Certification
MITSUBISHI POWER EUROPE maintains a highly consistent payment trend, with an average payment time of 29 days, aligning well within typical Net-30 terms. A substantial majority (79%) of invoices are settled within 30 days, indicating a strong propensity for prompt payment. Only a very small percentage (2%) of payments extend beyond 60 days, suggesting that significant delays are infrequent exceptions rather than a recurring pattern.
Payment reliability is high, with nearly 80% of invoices processed within the initial 30-day period, ensuring a predictable cash flow for suppliers. While 15% of payments are officially classified as late, the distribution shows that most delays (19%) fall within a manageable 31-60 day window, minimizing extreme volatility. The low incidence of payments exceeding 60 days further enhances predictability and reduces the risk of prolonged financial exposure for suppliers.
MITSUBISHI POWER EUROPE presents a strong payment profile, indicating low-to-moderate payment risk for prospective suppliers. Key decision factors include their consistent average payment time and the high percentage of invoices paid promptly within 30 days. Suppliers should maintain standard payment terms, but be prepared for a small, predictable segment of invoices that may extend into the 31-60 day range.
| 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 | 01 May 2026 | 23 | 83% | 15% | 2% | 12% |
| 01 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 29 | 79% | 19% | 2% | 15% |
| 01 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 29 | 70% | 23% | 7% | 21% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 28 | 78% | 13% | 9% | 18% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 30 | 74% | 17% | 9% | 25% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 31 | 77% | 12% | 11% | 17% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 29 | 76% | 18% | 6% | 16% |
| 01 Apr 2022 - 30 Sept 2022 | 25 Oct 2022 | 31 | 76% | 15% | 9% | 18% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 27 | 82% | 13% | 5% | 12% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 28 | 82% | 12% | 7% | 22% |
| 01 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 28 | 82% | 12% | 5% | 16% |
| 01 Apr 2020 - 30 Sept 2020 | 27 Oct 2020 | 26 | 86% | 10% | 4% | 20% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 26 | 87% | 7% | 6% | 15% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 28 | 86% | 9% | 5% | 12% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 32 | 77% | 15% | 8% | 30% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 44 | 52% | 36% | 12% | 44% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from date of receipt of invoice.
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
180
Relevant department consults directly with the vendors in order to resolve a dispute when required.
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
Mitsubishi Power EMEA, Ltd. is a UK-registered company based in London, incorporated in 2015, and its registered activity is classified as repair of machinery. It forms part of Mitsubishi Power, the global energy solutions arm of the Mitsubishi Heavy Industries Group, which develops power generation technology including gas turbines, boilers and hydrogen-related solutions, and supplies and services thermal and combined-cycle power plants worldwide. The EMEA entity represents this group's presence across Europe, the Middle East and Africa, supporting regional projects such as gas turbine and boiler contracts. As a subsidiary, it operates within the wider group's energy transition and power generation business rather than independently manufacturing equipment itself.
Generated from the company's website and Companies House records. Sources: power.mhi.com · power.mhi.com