Their own payment-practices filing · gov.uk
Drax Power Limited pays suppliers in 50 days on average — inside its 60-day stated terms
Their H1 2026 filing puts the average 10 days inside their stated 60-day term.
- Their stated terms
- 60 days
- Paid outside agreed terms
- 19% of invoices
- Paid after 61+ days
- 16%
- Reporting period
- 1 Jan 2026 – 30 Jun 2026
- Source
- their gov.uk filing, filed 29 Jul 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2026 filing
Paid 10 days inside the 60-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 17 reports
57 → 50 days — getting faster
The read · computed from their figures
Drax Power Limited's H1 2026 filing puts their average at 50 days against stated terms of 60 days; 19% of invoices were paid outside agreed terms and 16% took 61 days or longer. Filed 29 Jul 2026.
The direction is faster: from 57 days in H2 2023 to 50 now — 7 days faster across their last 6 reports.
On the latest reported averages: Slower than 92% of the 158 large companies reporting in electricity & gas.
That is 17 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
Drax Power Limited standard contract payment terms are 60 days; however, different terms may be agreed with suppliers as part of contract negotiations. Certain direct costs are subject to industry regulations that require shorter payment periods, contributing to the lower average time taken to pay invoices. Payment runs are completed on a weekly basis with approved invoices falling due for payment in the preceding week included in the payment run.
Dispute resolution
On receipt of an invoice, Accounts Payable perform standard checks to confirm: - •The invoice is for Drax Power Limited •We have authorised supplier details and bank account for payment •A Purchase Order (PO) number is quoted and matches an approved order number •The invoice details match the approved PO for quantity, price, and description of supply •The PO has been receipted •The invoice has not already been paid We aim to complete these checks within 5 days of invoice receipt. If invoices are received on a timely basis and no queries arise from these checks, payment will be scheduled by BACS in accordance with terms. Where queries arise, payment will be made by BACS once these queries are resolved. We aim to resolve queries within 10 days and make payment on the next sch
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 50 | 19% | 16% | 29 Jul 2026 |
| H2 2025 | 49 | 14% | 9% | 29 Jan 2026 |
| H1 2025 | 62 | 17% | 12% | 30 Jul 2025 |
| H2 2024 | 54 | 15% | 10% | 30 Jan 2025 |
| H1 2024 | 54 | 21% | 15% | 30 Jul 2024 |
| H2 2023 | 57 | 25% | 19% | 30 Jan 2024 |
| H1 2023 | 48 | 31% | 21% | 31 Jul 2023 |
| H2 2022 | 48 | 19% | 21% | 31 Jan 2023 |
| H1 2022 | 44 | 22% | 23% | 29 Jul 2022 |
| H2 2021 | 42 | 16% | 22% | 31 Jan 2022 |
| H1 2021 | 50 | 23% | 23% | 30 Jul 2021 |
| H2 2020 | 46 | 25% | 17% | 29 Jan 2021 |
| H1 2020 | 45 | 27% | 19% | 30 Jul 2020 |
| H2 2019 | 45 | 35% | 20% | 30 Jan 2020 |
| H1 2019 | 37 | 27% | 9% | 29 Jul 2019 |
| H2 2018 | 31 | 22% | 7% | 29 Jan 2019 |
| H1 2018 | 29 | 18% | 3% | 27 Jul 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 1 Sept 2003
- Registered office
- DRAX POWER STATION, SELBY, YO8 8PH
Quick answers · Drax Power Limited
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How UK payment reporting works
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Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-04883589 · latest period to 30 Jun 2026
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