SCOTTISH HYDRO ELECTRIC TRANSMISSION PLC
Company Information
- Company Number
- SC213461
- Registered Address
- Inveralmond House, 200 Dunkeld Road, Perth, PH1 3AQ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 4 December 2000
- Nature of Business
- 35120 - Transmission of electricity
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SCOTTISH HYDRO ELECTRIC TRANSMISSION PLC demonstrates a strong trend of prompt payments, with an average payment time of 24 days and 94% of invoices settled within 30 days. This indicates a consistent operational efficiency in processing payments within a standard credit period. However, the 18% late payment rate suggests that while payments are generally fast, a portion still misses original due dates.
Volatility Analysis
Payment reliability is high, with 94% of invoices paid within 30 days and only a minimal 1% extending beyond 60 days, indicating a predictable payment cycle. While generally prompt, the 18% late payment rate introduces a moderate risk factor for strict adherence to contractual due dates. This suggests a slight potential for payments to occasionally miss specific terms, even if overall time-to-pay remains low.
Summary Analysis
Overall, SCOTTISH HYDRO ELECTRIC TRANSMISSION PLC presents a low payment risk for suppliers, characterized by fast average payment times and a high percentage of invoices settled within 30 days. Suppliers should proceed with confidence, but factor in the 18% late payment rate by ensuring clear payment terms and considering robust invoicing and follow-up processes. Mitigate minor risk by setting clear due dates and maintaining open communication regarding payment status.
Performance Reports History
| 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 Apr 2025 - 30 Sept 2025 | 27 Oct 2025 | 24 | 94% | 5% | 1% | 18% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 25 | 92% | 6% | 2% | 19% |
| 01 Apr 2024 - 30 Sept 2024 | 31 Oct 2024 | 27 | 90% | 7% | 3% | 24% |
| 01 Oct 2023 - 31 Mar 2024 | 24 Apr 2024 | 28 | 86% | 9% | 5% | 31% |
| 01 Apr 2023 - 30 Sept 2023 | 31 Oct 2023 | 27 | 91% | 5% | 4% | 28% |
| 01 Oct 2022 - 31 Mar 2023 | 28 Apr 2023 | 27 | 90% | 6% | 4% | 29% |
| 01 Apr 2022 - 30 Sept 2022 | 31 Oct 2022 | 30 | 89% | 7% | 4% | 26% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 27 | 91% | 6% | 3% | 26% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 27 | 91% | 6% | 3% | 29% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 28 | 90% | 6% | 4% | 27% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 29 | 87% | 8% | 5% | 32% |
| 01 Oct 2019 - 31 Mar 2020 | 27 Apr 2020 | 29 | 82% | 13% | 5% | 37% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 33 | 75% | 17% | 8% | 56% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 35 | 65% | 23% | 12% | 64% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 36 | 72% | 19% | 9% | 72% |
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
45
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
SCOTTISH HYDRO ELECTRIC TRANSMISSION PLC is an active public limited company
Its name indicates its core involvement in the transmission of hydro-electric power within the UK energy sector
The company was incorporated on 4 December 2000 and is registered in Scotland under company number SC213461
Its registered office is located at Inveralmond House, 200 Dunkeld Road, Perth, PH1 3AQ
Companies specialising in hydro-electric transmission in the UK typically manage the high-voltage infrastructure required to transport electricity from generation sites to local distribution networks
This involves the operation and maintenance of power lines, substations, and associated equipment to ensure a reliable electricity supply
