Their own payment-practices filing · gov.uk
How long does Drax Corporate Limited take to pay its suppliers?
Self-reported figure from their statutory filing. How this is compiled.
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 13 Sept 2005
- Registered office
- DRAX POWER STATION, SELBY, YO8 8PH
Terms vs reality
Stated terms: 0–60 days. Reported average: 53.
At a glance
The key figures
Vs peers · latest reported averages
The pattern
Getting slower
Average days to pay across their last 6 statutory reports.
Where their supplier invoices land · latest period
The read · computed from their figures
Drax Corporate Limited has filed 16 statutory payment periods (earliest H1 2018). Their latest report puts the average at 53 days against stated terms of 0–60 days.
The direction is slower: from 11 to 53 days over the window — about 42 days slower.
In the latest period 29% of invoices were paid outside their agreed terms, and 17% landed 61+ days out.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
Drax Corporate Limited standard contract payment terms are 60 days; however, different terms may be agreed with suppliers as part of contract negotiations. 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 Corporate 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
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 53 | 29% | 17% | 29 Jul 2026 |
| H2 2025 | 58 | 27% | 19% | 29 Jan 2026 |
| H1 2025 | 63 | 29% | 21% | 30 Jul 2025 |
| H1 2024 | 73 | 35% | 29% | 30 Jul 2024 |
| H2 2023 | 65 | 29% | 25% | 30 Jan 2024 |
| H1 2023 | 11 | 10% | 5% | 31 Jul 2023 |
| H2 2022 | 15 | 19% | 7% | 31 Jan 2023 |
| H1 2022 | 15 | 8% | 7% | 29 Jul 2022 |
| H2 2021 | 19 | 10% | 9% | 31 Jan 2022 |
| H1 2021 | 42 | 24% | 19% | 30 Jul 2021 |
| H2 2020 | 39 | 26% | 15% | 29 Jan 2021 |
| H1 2020 | 14 | 10% | 7% | 30 Jul 2020 |
| H2 2019 | 8 | 7% | 4% | 30 Jan 2020 |
| H1 2019 | 6 | 5% | 2% | 29 Jul 2019 |
| H2 2018 | 40 | 36% | 15% | 29 Jan 2019 |
| H1 2018 | 39 | 49% | 9% | 27 Jul 2018 |
Working-capital effect
What a 53-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 53-day vs a 0-day payment cycle.
Late Payment Act. The Late Payment of Commercial Debts Act lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.
Quick answers
Are they getting slower or faster?
What's their typical pay point?
Can I see what this means for my invoices?
Stay ahead
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Their next payment report is due ≈ 26 Jan 2027. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.
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Draefern Limited · Drax Hydro Limited · Dow Jones International Ltd. · Driveline Limited · Dow Chemical Services UK Limited · Dun & Bradstreet Limited
How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-05562058 · latest period to 30 Jun 2026
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