Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 89.8/100 qualifies for PaymentCheck Certification
The trend for SSE THERMAL ENERGY OPERATIONS LIMITED shows a slight improvement in the average time taken to pay invoices over the past three periods. In the most recent period, the average time to pay was 33 days, compared to 36 days in the previous period and 40 days in the period before that.
The data for SSE THERMAL ENERGY OPERATIONS LIMITED shows some volatility in the % of invoices paid within 30 days and % of invoices paid between 31 and 60 days. However, there is a consistent trend of improvement in both categories over the past three periods.
In the most recent period (Apr 2023 - Sept 2023), SSE THERMAL ENERGY OPERATIONS LIMITED took an average of 33 days to pay invoices. This is an improvement from the previous period (Jan 2023 - Mar 2023) where the average time to pay was 36 days, and from the period before that (Oct 2022 - Dec 2022) with an average of 40 days to pay. This shows a positive trend of improving payment times.
| 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 | 28 Apr 2026 | 27 | 93% | 4% | 3% | 22% |
| 01 Apr 2025 - 30 Sept 2025 | 28 Oct 2025 | 25 | 94% | 4% | 2% | 18% |
| 01 Oct 2024 - 31 Mar 2025 | 24 Apr 2025 | 26 | 90% | 7% | 3% | 23% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 31 | 83% | 9% | 8% | 31% |
| 01 Oct 2023 - 31 Mar 2024 | 24 Apr 2024 | 34 | 82% | 8% | 10% | 27% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 33 | 78% | 14% | 8% | 37% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
SSE's standard payment terms are Nett 30 days but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate.
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
45
The Dispute Resolution Process is detailed within the Accounts Payable section at http://sse.com/potential-suppliers/. Alternatively suppliers can also contact the "orderer" directly using the details provided on the Purchase Order
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
SSE THERMAL ENERGY OPERATIONS LIMITED is an active private limited company, incorporated on 25 June 2020, based in the South East region. Registered business activity: Production of electricity.
From Companies House records.