UK Payment Practices Report

National Grid Gas PLC payment practices report

PennyFetch rating based on government data:

Good payer

Companies House no. 02006000

This rating is PennyFetch’s own assessment derived from data self-reported by National Grid Gas PLC to the UK government.

This data is from Apr 2025. A more recent report may be available from the government service.

Avg. days to pay

31

UK median: 32

Outside agreed terms

12%

UK average: 24%

Trend

Getting faster

14 reports filed

Payment terms

42 days

Standard terms

Invoice payment breakdown

50%
47%
Within 30 days: 50%31 to 60 days: 47%Over 60 days: 3%

How National Grid Gas PLC compares

National Grid Gas PLC takes an average of 31 days to pay its suppliers, which is 1 days faster than the UK median of 32 days across 9,336 reporting companies. 12% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been improving over time based on historical filings.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (42 days), not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.

Payment history

PeriodAvg. days% outside terms% in 30d% over 60d
Oct 2024 to Mar 20253112%50%3%
Apr 2024 to Sept 20242419%70%4%
Oct 2023 to Mar 20242811%54%3%
Apr 2023 to Sept 20232813%51%2%
Oct 2022 to Mar 20232614%58%2%
Apr 2022 to Sept 20222911%47%2%
Oct 2021 to Mar 2022289%49%2%
Apr 2021 to Sept 20213113%45%3%
Oct 2020 to Mar 2021409%17%3%
Apr 2020 to Sept 20204426%11%6%
Oct 2019 to Mar 20204414%13%6%
Apr 2019 to Sept 20194615%10%8%
Oct 2018 to Mar 20194518%11%7%
Apr 2018 to Sept 20184516%12%6%
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Frequently asked questions

According to their most recent self-reported government filing, NATIONAL GRID GAS PLC pays invoices in 31 days on average. 12% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Good payer" based on that data.

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All payment statistics on this page are self-reported by National Grid Gas PLC to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.

Most recent report filed: Apr 2025. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.

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