VIKING ENERGY WIND FARM LLP demonstrates a strong central payment tendency, with an average settlement time of 17 days and 96% of invoices cleared within the standard 30-day window. The distribution of late payments is heavily weighted toward the 31-60 day band (3%) with minimal exposure beyond 60 days (1%), suggesting that when delays occur, they are short-term rather than chronic. Overall, the payment speed profile indicates a buyer that consistently prioritises timely settlement as standard practice.
The most notable risk signal is the 35% late payment rate, which creates a meaningful disconnect from the otherwise favourable average payment time of 17 days — indicating that a significant portion of invoices, while eventually paid quickly in aggregate, are triggering late flags at some stage of processing. This suggests possible inconsistency in invoice approval workflows, internal authorisation bottlenecks, or disputed line items that cause periodic delays before resolution. Despite this, the low proportion of payments exceeding 30 days (4% combined) limits the actual financial exposure, making the lateness flag more of an operational reliability concern than a credit risk indicator.
VIKING ENERGY WIND FARM LLP presents a low-to-moderate risk profile overall, with strong absolute payment performance undermined slightly by a disproportionately high late payment rate that warrants monitoring. Suppliers should feel confident extending standard credit terms, but are advised to implement clear invoice submission protocols and prompt follow-up procedures to reduce the likelihood of processing delays triggering late flags. Periodic account reviews and early communication on disputed invoices are recommended as practical risk mitigation measures.
| 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 | 29 Apr 2026 | 17 | 96% | 3% | 1% | 35% |
This information is as reported by the business, and responses are in their own words.
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
30
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
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
VIKING ENERGY WIND FARM LLP is an active limited liability partnership, incorporated on 1 July 2015, based in the Scotland region.
From Companies House records.