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Their own payment-practices filing · gov.uk

Centrica Hive Limited pays suppliers in 56 days on average — within its stated 28–60 day terms

CRN 05782908 · Information & communication · 13 statutory reports on record · period to 30 Jun 2026

56daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 28 days past the shortest term they state (28 days), still within their 60-day upper term.

Slower than mostvs a 31-day median across 6,104 recent filers
Their stated terms
28–60 days
Paid outside agreed terms
12% of invoices
Paid after 61+ days
4%
Reporting period
1 Jan 2026 – 30 Jun 2026
Source
their gov.uk filing, filed 30 Jul 2026

Self-reported figures from their statutory filing. How this is compiled.

Terms vs reality · their H1 2026 filing

Paid within their stated range — 56 against 28–60 days

The pattern · last 6 of 13 reports

53 → 56 days — slowing down

The read · computed from their figures

Centrica Hive Limited's H1 2026 filing puts their average at 56 days against stated terms of 28–60 days; 12% of invoices were paid outside agreed terms and 4% took 61 days or longer. Filed 30 Jul 2026.

The direction is slower: from 53 days in H2 2023 to 56 now — 3 days slower across their last 6 reports.

On the latest reported averages: Slower than 94% of the 476 large companies reporting in information & communication.

That is 13 statutory periods on record (earliest H1 2020) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing Offers supply-chain finance

In their own words · from the filing

Standard payment terms

We have standard payment terms of 60 days, however all suppliers categorised as Micro and Small are paid on 30 days terms. Sub-contractor are typically paid with 28 days.

Dispute resolution

Any disputes the suppliers should contact their specific contact Accounts Payable Group [email protected]. The Accounts Payable team will consider the complaint and respond accordingly. Should an escalation occur an email to [email protected] should be sent and the AP team will respond.

Other information

To prevent a delay in invoice processing, invoices must be clearly legible, comply with HMRC regulations and should include supplier details, purchase order number invoice number, invoice date and payment instructions, as well as the Centrica point of contact who requested the goods or services. Invoices should be issued electronically to [email protected] Invoices issued without the above details may not be accepted and may be returned for amendment before being processed.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20265612%4%30 Jul 2026
H2 2025673%4%29 Jan 2026
H1 2025555%4%30 Jul 2025
H2 2024514%3%28 Jan 2025
H1 20245112%11%26 Jul 2024
H2 2023537%5%26 Jan 2024
H1 20235410%25%28 Jul 2023
H2 20225916%67%27 Jan 2023
H1 20226613%63%29 Jul 2022
H2 20216013%69%26 Jan 2022
H1 2021618%53%27 Jul 2021
H2 20206214%66%28 Jan 2021
H1 20205621%58%30 Jul 2020

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
18 Apr 2006
Registered office
MILLSTREAM, WINDSOR, SL4 5GD
0 outstanding charges on the register Accounts due 30 Sept 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 56-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 56-day vs a 28-day payment cycle.

≈ £22,000
of invoicing outstanding at any one time on a 56-day cycle — about £11,000 more than the same account would carry at 28-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 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 · Centrica Hive Limited

Are they getting slower or faster?
Their reported average has moved about 3 days slower over the window (53 → 56 days).
What's their typical pay point?
Their latest filed report puts the average at day 56; across their last 6 reports it ranged 51–67 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.
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How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

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-05782908 · latest period to 30 Jun 2026

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