MOYLE INTERCONNECTOR LIMITED

PaymentCheck Score 2025
84Good
2.6vs last year
#1399 in UK
#15 in Northern Ireland

Company Information

Company Number
NI036562
Registered Address
First Floor, The Arena Building, 85 Ormeau Road, Belfast, BT7 1SH
Status
Active
Employee Count
10
Turnover
£56,814,000
EBITDA
£46,287,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 July 1999
Nature of Business
35120 - Transmission of electricity
Industries
Coming Soon
Region
Northern Ireland

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:42 days

Payment Timeline

Within 30 Days
81%
31-60 Days
15%
After 60 Days
4%
Not Paid Within Terms23%

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: 2025-04-29
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 20252883%13%4%17%
01 Oct 2023 - 31 Mar 202422 Apr 20242686%10%4%14%
01 Apr 2023 - 30 Sept 202326 Oct 20232980%12%8%23%

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

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

Dispute Resolution Process

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.

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

MOYLE INTERCONNECTOR LIMITED is a company that specializes in the development, construction, and operation of electricity interconnectors between Northern Ireland and Scotland. The company was established in 2002 and is based in Belfast, Northern Ireland.

The main activity of MOYLE INTERCONNECTOR LIMITED is the provision of a high-voltage direct current (HVDC) interconnector, which allows for the transfer of electricity between the two regions. This interconnector plays a vital role in ensuring a secure and reliable supply of electricity to both Northern Ireland and Scotland.

In addition to their main business activity, MOYLE INTERCONNECTOR LIMITED also places a strong focus on sustainability. They have implemented a sustainability program that aims to reduce the environmental impact of their operations. This includes using renewable energy sources, minimizing waste, and promoting energy efficiency.

The company's key people include the Chief Executive Officer, who is responsible for the overall management and strategic direction of the company, and the Operations Director, who oversees the day-to-day running of the interconnector.

For any inquiries or information, MOYLE INTERCONNECTOR LIMITED can be contacted through their website at www.moyleinterconnector.com or via their registered office address at 3rd Floor, Causeway Tower, 9 James Street South, Belfast, BT2 8DN, United Kingdom.

Financial Metrics

Cash
£91,979,000
Net Worth
£148,465,000
Total Current Assets
£135,401,000
Total Current Liabilities
£11,624,000

Company Location