UK Payment Practices Report

Sp Transmission PLC payment practices report

PennyFetch rating based on government data:

Mostly on time

Companies House no. SC189126

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

Avg. days to pay

34

UK median: 32

Outside agreed terms

25%

UK average: 24%

Trend

Getting slower

16 reports filed

Payment terms

30 to 60 days

Standard terms

Invoice payment breakdown

80%
14%
Within 30 days: 80%31 to 60 days: 14%Over 60 days: 6%

How Sp Transmission PLC compares

Sp Transmission PLC takes an average of 34 days to pay its suppliers, which is 2 days slower than the UK median of 32 days across 9,336 reporting companies. 25% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been getting worse over time based on historical filings.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (30 to 60 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
Jul 2025 to Dec 20253425%80%6%
Jan 2025 to Jun 20253635%65%8%
Jul 2024 to Dec 20243325%81%6%
Jan 2024 to Jun 20243220%78%4%
Jul 2023 to Dec 20233126%84%5%
Jan 2023 to Jun 20233523%74%7%
Jul 2022 to Dec 20223329%82%7%
Jan 2022 to Jun 20223227%74%5%
Jul 2021 to Dec 20213123%86%6%
Jan 2021 to Jun 20213821%84%8%
Jul 2020 to Dec 20202921%88%4%
Jan 2020 to Jun 20203123%84%7%
Jul 2019 to Dec 20193220%85%6%
Jan 2019 to Jun 20193930%75%12%
Jul 2018 to Dec 20183127%82%8%
Jan 2018 to Jun 20182861%78%10%
Working with Sp Transmission PLC?

PennyFetch sends automatic payment reminders so you don’t have to chase. If they still don’t pay, it calculates statutory interest and generates a Letter Before Action as a PDF.

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Frequently asked questions

According to their most recent self-reported government filing, SP TRANSMISSION PLC pays invoices in 34 days on average. 25% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly on time" based on that data.

All payment statistics on this page are self-reported by Sp Transmission 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: Jan 2026. 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.

Is this your company?

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