Score of 99.4/100 qualifies for PaymentCheck Certification
BURBO EXTENSION PSC LIMITED demonstrates a solid payment pattern with an average settlement time of 24 days, comfortably within standard net-30 terms. The majority of payments (83%) are completed within 30 days, indicating a generally prompt payment culture. However, a consistent 17% of payments fall into the 31-60 day bracket, suggesting a recurring portion of invoices experiences moderate delays.
The complete absence of payments exceeding 60 days signals a low risk of severe or prolonged default, which is a positive indicator of financial stability and process reliability. The 17% late payment rate introduces a degree of predictable, moderate volatility that suppliers should factor into cash flow planning. This pattern appears stable rather than erratic, meaning delays are unlikely to escalate but should be treated as a routine occurrence rather than an exception.
BURBO EXTENSION PSC LIMITED represents a low-to-moderate payment risk profile, making them a broadly acceptable trading partner for most suppliers. The primary consideration is the reliable 17% late payment rate, which warrants the inclusion of clear payment terms, proactive invoice follow-up at the 25-day mark, and potentially modest early payment incentives to shift more invoices into the on-time category. Suppliers with tight liquidity requirements should account for potential short-term delays on approximately one in six invoices when planning working capital.
| 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 | 26 Mar 2026 | 18 | 100% | 0% | 0% | 0% |
| 01 Jan 2025 - 30 Jun 2025 | 26 Mar 2026 | 12 | 100% | 0% | 0% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 26 Mar 2026 | 20 | 100% | 0% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Mar 2026 | 21 | 100% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Mar 2026 | 22 | 100% | 0% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Mar 2026 | 21 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Mar 2026 | 11 | 100% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Mar 2026 | 22 | 82% | 18% | 0% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Mar 2026 | 22 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Mar 2026 | 24 | 83% | 17% | 0% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard contractual length of time for payment of invoices are 30 days from invoice received date. The maximum contractual payment period is 60 days from invoice day.
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
"The Parties will attempt to settle any dispute between them by entering into good-faith negotiations through the appropriate management level of governance in a timely manner. The Parties must as a minimum attend the first good-faith negotiations. If a dispute is not resolved by prior negotiation, any dispute arising out of or in connection with the Agreement, including any disputes regarding the existence, validity or termination thereof, shall be settled by arbitration in accordance with the provisions of the Rules of the London Court of International Arbitration provided that: a) one (1) arbitrator will be appointed; b) the arbitrator applies the laws of England; c) the arbitration shall be conducted in the English language; and d) be held in London, England. Any arbitration proceedings and decisions under the Agreement are confidential."
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
Burbo Extension PSC Limited is a private limited company based in London. The company name references Burbo Extension, which is associated with offshore wind energy development in the United Kingdom.
Burbo Extension PSC Limited is registered with Companies House under company number 09983129 and holds active status. The company was incorporated on 2 February 2016 and maintains its registered office at 5 Howick Place, London, SW1P 1WG.
Companies operating within the offshore wind energy sector in the UK are involved in activities such as the development, construction, and operation of offshore wind installations. Such organisations play a role in the UK's renewable energy infrastructure, contributing to the generation and supply of clean electricity to the national grid.
As a private limited company, Burbo Extension PSC Limited operates under the regulatory framework established by Companies House and is subject to the obligations and filing requirements applicable to all active private limited companies registered in England and Wales.