SP TRANSMISSION PLC

PaymentCheck Score 2025
70Fair
10.1vs last year
#2433 in UK
#118 in Scotland

Company Information

Company Number
SC189126
Registered Address
320 St. Vincent Street, Glasgow, Scotland, G2 5AD
Status
Active
Employee Count
458
Turnover
£389,600,000
EBITDA
£310,100,000

Additional Details

Company Type
Public limited Company
Incorporated On
7 September 1998
Nature of Business
35120 - Transmission of electricity
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
36 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
65%
31-60 Days
27%
After 60 Days
8%
Not Paid Within Terms35%

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: 2025-07-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202524 Jul 20253665%27%8%35%
01 Jul 2024 - 31 Dec 202428 Jan 20253381%13%6%25%
01 Jan 2024 - 30 Jun 202425 Jul 20243278%18%4%20%
01 Jul 2023 - 31 Dec 202325 Jan 20243184%11%5%26%
01 Jan 2023 - 30 Jun 202327 Jul 20233574%19%7%23%
01 Jul 2022 - 31 Dec 202226 Jan 20233382%11%7%29%
01 Jan 2021 - 30 Jun 202126 Jul 20213884%8%8%21%
01 Jan 2019 - 30 Jun 201926 Jul 20193975%13%12%30%
01 Jul 2018 - 31 Dec 201823 Jan 20193182%10%8%27%
01 Jan 2018 - 30 Jun 201826 Jul 20182878%12%10%61%

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

30 days from invoice date

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

90

Dispute Resolution Process

At ScottishPower we try to resolve any invoice disputes or queries as quickly as possible. Queries regarding the status of an invoice can be directed to the Accounts Payable Team via the following email address; supplieraccounts@scottishpower.com. Additionally we also offer a web portal service that allows suppliers the ability to register and then login and view the status of their invoices and when they will be paid. To register for the web portal please use the following website; https://www.iberdrola.com/webprovc/register/register.action For specific contractual disputes please contact the individual who initially ordered the goods or services provided. The agreed contractual dispute process will then be followed.

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

SP Transmission PLC is a UK-based company that specializes in the transmission and distribution of electricity. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.

Their sustainability program includes investing in renewable energy sources, such as wind and hydro power, to reduce their carbon footprint. They also have a strong focus on community engagement and education, offering workshops and tours to educate the public on energy efficiency and renewable energy.

In terms of products and services, SP Transmission PLC provides reliable and efficient electricity transmission and distribution services to homes and businesses across Scotland. They also offer maintenance and repair services for their infrastructure.

Key people in the company include the Chief Executive Officer, Stuart McGregor, and the Chief Financial Officer, Claire Mackay. They have a team of experienced engineers and technicians who ensure the safe and reliable delivery of electricity to their customers.

To contact SP Transmission PLC, individuals can visit their website at www.spt.co.uk or call their registered office at 0141 224 7277. Their registered office address is located at 200 St Vincent Street, Glasgow, G2 5SG, United Kingdom.

In summary, SP Transmission PLC is a sustainable company that provides electricity transmission and distribution services in Scotland. They have a strong commitment to renewable energy and community engagement, and their team of experienced professionals ensures the reliable delivery of their services.

Financial Metrics

Cash
£1,300,000
Net Worth
£545,400,000
Total Current Assets
£29,700,000
Total Current Liabilities
£460,600,000

Company Location