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Their own payment-practices filing · gov.uk

How long does Octopus Energy Limited take to pay its suppliers?

CRN 09263424 · Electricity & gas · 12 statutory reports on record · period to 31 Oct 2025

13days
their reported average time to pay suppliers, latest period
Faster than mostvs a 31-day median across 6,185 recent filers

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

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On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
14 Oct 2014
Registered office
UK HOUSE, 5TH FLOOR, LONDON, W1D 1NN
8 outstanding charges — secured borrowing registered Accounts due 31 Jan 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 13.

Stated terms30d
-17 days
Reported avg13d

At a glance

The key figures

30d
their stated terms
38%
invoices paid outside terms
±4d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 93% of the 161 large companies reporting in electricity & gas.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 30d
15
22
20
14
16
13
H1 2023H2 2023H1 2024H2 2024H1 2025H2 2025

Where their supplier invoices land · latest period

within 30 days 84% 31–60 days 15% 61+ days 1%

The read · computed from their figures

Octopus Energy Limited has filed 12 statutory payment periods (earliest H1 2020). Their latest report puts the average at 13 days against stated terms of 30 days.

The pattern is steady — their reported average moves within about ±4 days period to period.

In the latest period 38% of invoices were paid outside their agreed terms, and 1% landed 61+ days out.

What they tell their suppliers

Payment code: Prompt Payment Code

In their own words · from the filing

Standard payment terms

Octopus's standard payment terms are 30 days on receipt of invoice, unless different terms have been agreed or are stated on the invoice. Some suppliers are paid via direct debit and/or have immediate payment terms.

Dispute resolution

Queries orissues are raised by sending an email to the Accounts Payable team. A member of the team will contact the supplier to understand the issue and attempt to rectify. If the issue cannot be rectified by the Accounts Payable team it will be escalated as required by management. The team aims to resolve issues as quickly as practicable, usually within 2 – 4 working days.

Other information

There were some process changes in August 2025 and notwithstanding this 99% of supplier invoices were paid with 60 days in compliance with the PPC

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 20251338%1%5 Jan 2026
H1 2025169%0%17 Jun 2025
H2 2024147%0%29 Nov 2024
H1 2024206%0%28 May 2024
H2 20232210%1%25 Jan 2024
H1 20231512%1%31 May 2023
H2 20221617%1%30 Nov 2022
H1 20221817%1%30 May 2022
H2 20211713%0%30 Nov 2021
H1 20212112%1%28 May 2021
H2 20201815%1%25 Nov 2020
H1 20202026%1%9 Jun 2020

Quick answers

Are they getting slower or faster?
Their reported average is steady — within about ±4 days period to period, around 13 days.
What's their typical pay point?
Their latest reports average around day 13, moving within about ±4 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.

Stay ahead

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More large companies in electricity & gas

Npower Direct Limited · Opus Energy (Corporate) Limited · Npower Commercial Gas Limited · Opus Energy Limited · Northern Powergrid (Yorkshire) PLC · Opus Energy Renewables Limited

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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-09263424 · latest period to 31 Oct 2025

Verify the original Companies House file

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