SCOTLAND GAS NETWORKS PLC
Company Information
- Company Number
- SC264065
- Registered Address
- Axis House 5 Lonehead Drive, Newbridge, Edinburgh, Scotland, EH28 8TG
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 26 February 2004
- Nature of Business
- 35220 - Distribution of gaseous fuels through mains
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
SCOTLAND GAS NETWORKS PLC consistently demonstrates a strong trend of prompt payments, with an average payment time of just 14 days. A significant 94% of invoices are settled within 30 days, indicating a highly efficient and fast payment trajectory for suppliers.
Volatility Analysis
Payment reliability is high, with only 1% of invoices extending beyond 60 days, suggesting minimal long-tail risk. While 22% of payments are technically late, the rapid average payment time confirms that actual cash flow for suppliers remains predictable and largely stable.
Summary Analysis
Overall, SCOTLAND GAS NETWORKS PLC offers a highly attractive payment profile for suppliers due to its exceptionally fast average payment speed. Suppliers can generally proceed with confidence, but may benefit from closely monitoring payment terms to mitigate the moderate 22% late payment rate, even if most are still settled quickly.
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 | 23 Oct 2025 | 14 | 94% | 5% | 1% | 22% |
| 01 Oct 2024 - 31 Mar 2025 | 23 Apr 2025 | 14 | 89% | 10% | 1% | 20% |
| 01 Apr 2024 - 30 Sept 2024 | 16 Oct 2024 | 13 | 88% | 11% | 1% | 21% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 14 | 89% | 10% | 1% | 21% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Oct 2023 | 15 | 88% | 11% | 1% | 26% |
| 01 Oct 2022 - 31 Mar 2023 | 02 May 2023 | 15 | 88% | 10% | 2% | 25% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 24 | 84% | 10% | 6% | 29% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 17 | 86% | 10% | 4% | 25% |
| 01 Apr 2021 - 30 Sept 2021 | 12 Oct 2021 | 15 | 90% | 8% | 2% | 29% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 15 | 87% | 10% | 3% | 27% |
| 01 Apr 2020 - 30 Sept 2020 | 27 Oct 2020 | 20 | 84% | 12% | 4% | 32% |
| 01 Oct 2019 - 31 Mar 2020 | 27 Apr 2020 | 12 | 90% | 8% | 2% | 26% |
| 01 Apr 2019 - 30 Sept 2019 | 03 Dec 2019 | 21 | 90% | 9% | 1% | 29% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 22 | 90% | 8% | 2% | 35% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 15 | 89% | 9% | 2% | 33% |
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
SGN's standard payment terms are Nett Monthly but buyers are authorised to negotiate alternative terms with individual suppliers where appropriate. During the reporting period the majority of the terms agreed on POs were shorter than our standard terms - Nett Monthly
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
60
Dispute Resolution Process
"1) Suppliers can obtain an update on the status of their invoices by contacting Accounts Payable. Where the issue relates to the approval of the invoice suppliers may be referred to the ""orderer"". 2) 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
SCOTLAND GAS NETWORKS PLC is an active Public Limited Company that operates within the gas networks sector
This organisation is focused on the operation and management of gas networks in Scotland
The company was incorporated on 26 February 2004 and is registered with company number SC264065
Its registered office is located at Axis House 5 Lonehead Drive, Newbridge, Edinburgh, Scotland, EH28 8TG
Gas network companies in the UK market are responsible for the safe and reliable transportation of natural gas from the national transmission system to homes and businesses
Their typical services include the maintenance, operation, and development of the pipeline infrastructure across their designated region
