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PAYMENTCHECK
HomeCompany SearchBlogAwards
Sectors›Professional Services›EASTERN GREEN LINK 2 LIMITED

EASTERN GREEN LINK 2 LIMITED

Company Information

Company Number
14682562
Registered Address
No. 1 Forbury Place, 43 Forbury Road, Reading, England, RG1 3JH
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
22 February 2023
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
South East

Time to Pay

Average Time to Pay
26 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
79%
31-60 Days
20%
After 60 Days
1%
Not Paid Within Terms36%

Payment Features

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

Company Review

Trend Analysis

EASTERN GREEN LINK 2 LIMITED maintains an average payment time of 26 days, comfortably within the 30-day threshold, with 79% of payments settled within that window. However, a notable 20% of payments fall into the 31-60 day bracket, suggesting a recurring pattern of delayed settlements for a significant portion of invoices. The 1% over 60 days indicates extreme delays are rare, but the overall late payment rate of 36% signals that prompt payment is not consistently achieved despite a reasonable average.

Volatility Analysis

The 36% late payment rate is disproportionately high relative to the 26-day average, indicating that while many payments are settled quickly, a substantial minority experience meaningful delays, creating inconsistent cash flow for suppliers. The concentration of 20% in the 31-60 day band points to a predictable secondary payment cycle rather than random delays, suggesting systemic processing behaviour rather than isolated incidents. This dual-speed payment pattern introduces moderate cash flow risk, particularly for suppliers operating on tighter liquidity margins.

Summary Analysis

EASTERN GREEN LINK 2 LIMITED presents a moderate payment risk profile — acceptable average performance is undermined by a 36% late payment rate that suppliers should not overlook. Suppliers should consider building extended payment terms of 45-60 days into contracts to better align with actual settlement behaviour and reduce exposure to cash flow gaps. Including late payment clauses and monitoring invoice ageing closely are recommended risk mitigation steps before extending significant credit to this company.

Performance Reports History

Reporting Period Filed: 2026-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2025 - 31 Mar 202629 Apr 20262679%20%1%36%

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

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

30

Dispute Resolution Process

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

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

Eastern Green Link 2 Limited is a private limited company operating within the energy infrastructure sector. The company's name references the Eastern Green Link programme, which forms part of the United Kingdom's high-voltage direct current (HVDC) electricity transmission network connecting Scotland and England.

The company is registered in England under company number 14682562 and maintains its registered office at No. 1 Forbury Place, 43 Forbury Road, Reading, RG1 3JH, placing it within the South East region. Eastern Green Link 2 Limited was incorporated on 22 February 2023 and holds an active status on the Companies House register.

Companies of this nature operating within the electricity transmission sector in the UK are typically involved in the planning, development, financing, construction, and operation of major electricity transmission infrastructure. Such organisations play a central role in supporting the national grid and facilitating the transfer of renewable energy generated in Scotland to consumers across England and Wales.

As an active private limited company, Eastern Green Link 2 Limited operates within a highly regulated environment governed by Ofgem and relevant UK energy legislation, contributing to the country's long-term energy security and net zero ambitions.

Company Location

PaymentCheck

Our mission is to change the culture of late payments in the UK and help save over 55,000 companies every year which close due to cashflow issues.

Services

  • Payment Check
  • Business Solutions
  • API Access
  • Invoice Calculator
  • Get Certified

Company

  • About Us
  • Contact
  • Blog
  • Search Archive
  • Compare
  • EULA
  • Privacy Policy
  • Terms and Conditions

Awards

  • Methodology
  • 2025 Awards
  • 2024 Awards
  • 2023 Awards
  • 2022 Awards
  • 2021 Awards
  • 2020 Awards

Contact

  • office@paymentcheck.co.uk
  • +44 (0) 7915 608 057
  • Send Your Story

© 2026 Payment Check Ltd

Registered Address: 3rd Floor Suite 207 Regent Street London W1B 3HH

Made by Alastair Campbell