Score of 83.67/100 qualifies for PaymentCheck Certification
| 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 | 30 Apr 2026 | 22 | 85% | 10% | 5% | 19% |
| 01 Apr 2025 - 30 Sept 2025 | 28 Oct 2025 | 28 | 83% | 13% | 4% | 17% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 27 | 81% | 15% | 4% | 23% |
| 01 Apr 2024 - 30 Sept 2024 | 16 Oct 2024 | 26 | 86% | 6% | 8% | 19% |
| 01 Oct 2023 - 31 Mar 2024 | 22 Apr 2024 | 26 | 86% | 10% | 4% | 14% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 29 | 80% | 12% | 8% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms require payment of all undisputed sums properly due to third party suppliers within 30 days of a receipt of a valid invoice into the Accounts Payable department that references a Purchase Order number.
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
In the first instance all queries and/or disputes are to be taken up with the purchase order contact stated on the purchase order. For general purchase order or payment queries e-mails should be sent to our dedicated accounts email address.
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
Moyle Interconnector Limited is a Northern Ireland registered company whose business is the transmission of electricity. It is part of the Mutual Energy group, which owns and operates the Moyle Interconnector, the subsea electricity link between Northern Ireland and Scotland. Mutual Energy operates as a mutual with no shareholders, reinvesting income for the long-term benefit of Northern Ireland energy consumers, and also manages gas transmission infrastructure including the Scotland to Northern Ireland natural gas pipeline. Moyle Interconnector Limited's role within the group relates specifically to the ownership and operation of this critical electricity transmission asset connecting the Northern Ireland and Scottish electricity systems.
Generated from the company's website and Companies House records. Sources: mutual-energy.com