CADENT GAS LIMITED

PaymentCheck Score 2025
83Good
1.3vs last year
#1512 in UK
#54 in West Midlands

Company Information

Company Number
10080864
Registered Address
Cadent, Pilot Way, Ansty, Coventry, England, CV7 9JU
Status
Active
Employee Count
6,018
Turnover
£2,340,000,000
EBITDA
£1,368,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 March 2016
Nature of Business
35220 - Distribution of gaseous fuels through mains
Industries
Coming Soon
Region
West Midlands

Time to Pay

Average Time to Pay
28 days
Shortest Period:7 days
Longest Period:42 days
Max Contractual:42 days

Payment Timeline

Within 30 Days
69%
31-60 Days
31%
After 60 Days
0%
Not Paid Within Terms1%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-04-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202528 Oct 20252871%29%0%1%
01 Oct 2024 - 31 Mar 202516 Apr 20252869%31%0%1%
01 Oct 2023 - 31 Mar 202426 Apr 20242867%33%0%1%
01 Apr 2023 - 30 Sept 202325 Oct 20233057%43%0%2%
01 Apr 2022 - 30 Sept 202228 Oct 20223062%37%1%4%
01 Oct 2021 - 31 Mar 202220 Apr 20222869%30%1%4%
01 Apr 2021 - 30 Sept 202129 Oct 20213459%37%4%11%
01 Oct 2020 - 31 Mar 202130 Apr 20213949%43%8%23%
01 Apr 2019 - 30 Sept 201930 Oct 20193741%57%2%10%
01 Apr 2018 - 30 Sept 201830 Oct 20184115%82%3%6%

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

Payment is made to suppliers identified as SME within 30 days from generation of the invoice in our SAP Ariba system. For other suppliers, payment is made on the Thursday following 42 days from generation of invoice, unless otherwise agreed through a mutual contract.

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

42

Dispute Resolution Process

The invoicing platform has the functionality to reject with comments and actions back to the supplier, who then liaises with the purchase requisitioner to resolve any disputes for resubmission of invoice to be paid.

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.

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

Company Summary

CADENT GAS LIMITED is a leading gas distribution company in the United Kingdom. Established in 2017, the company has a rich history dating back to the 1800s. Their main objective is to safely deliver gas to over 11 million homes and businesses across the UK.

The company has a strong sustainability program in place, aiming to reduce their carbon footprint and promote responsible energy consumption. Their initiatives include investing in renewable energy, reducing emissions, and promoting energy efficiency among their customers.

CADENT GAS LIMITED offers a range of products and services to their customers, including gas connections, repairs, and maintenance. They also offer gas safety services and provide support to vulnerable customers.

The key people at CADENT GAS LIMITED include Chris Train, the CEO, and James Rolfe, the Chief Financial Officer. They have a team of over 6,000 employees dedicated to providing safe and reliable gas distribution services.

For more information, their website address is www.cadentgas.com. Their registered office address is Cadent Gas Limited, 1st Floor, 111 St. Martin's Lane, London WC2N 4BD, United Kingdom. Customers can also contact them through their customer service line at 0345 835 1111.

Financial Metrics

Cash
£21,000,000
Net Worth
£2,381,000,000
Total Current Assets
£794,000,000
Total Current Liabilities
£691,000,000

Company Location