Their own payment-practices filing · gov.uk

Neo Energy Production UK Limited pays suppliers in 24 days on average — within its stated 10–60 day terms

CRN 12086835 · Mining & quarrying · 10 statutory reports on record · period to 31 Dec 2025

24daysavg time to pay · H2 2025

Their H2 2025 filing puts the average 14 days past the shortest term they state (10 days), still within their 60-day upper term.

Faster than mostvs a 31-day median across 6,104 recent filers

Their stated terms: 10–60 days
Paid outside agreed terms: 1% of invoices
Paid after 61+ days: 0%
Reporting period: 1 Jul 2025 – 31 Dec 2025
Source: their gov.uk filing, filed 30 Jan 2026

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

Terms vs reality · their H2 2025 filing

Paid within their stated range — 24 against 10–60 days

PAIDLATE · terms vs the clockdays to pay · 0–65

avg 24d

0 days65 days

reported avg 24 days their filed terms 10–60 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 99% 31–60 days 1% 61+ days 0%

Source: their statutory Payment Practices Report #107895, period 1 Jul 2025 – 31 Dec 2025, filed 30 Jan 2026 · gov.uk payment-practices service

Neo Energy Production UK Limited pays within its stated range, 14 days past the shortest term. 1% of invoices still went outside agreed terms; 0% reached 61 days or more. Self-reported in their statutory H2 2025 filing.

The pattern · last 6 of 10 reports

Holding steady around 24 days

PAIDLATE · the patternavg days per report

Last 6 of 10 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

Steady around 24 days. Their reported average has moved within about ±1 days period to period; the dashed line marks the 10-day term they state.

The read · computed from their figures

Neo Energy Production UK Limited's H2 2025 filing puts their average at 24 days against stated terms of 10–60 days; 1% of invoices were paid outside agreed terms and 0% took 61 days or longer. Filed 30 Jan 2026.

The pattern is steady — their reported average moves within about ±1 days period to period.

On the latest reported averages: Faster than 78% of the 97 large companies reporting in mining & quarrying.

That is 10 statutory periods on record (earliest H1 2021) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Offers e-invoicing

In their own words · from the filing

Standard payment terms

Our standard payment terms are 30 days from the receipt of a valid invoice to our accounts payable email inbox. Or through our Ariba portal for PO related invoices.

Dispute resolution

NEO Energy seeks to advise suppliers promptly of any disputes or reasons why an invoice will not be paid in accordance with the agreed terms. Once resolved, payment is made in accordance with the terms of the contract/PO. NEO Energy provides a centralised point of contact for suppliers' enquiries via its dedicated email Inbox where the team supports any questions related to, but not limited to, payment due dates, incorrect invoice submission, wrong or missing PO detail etc.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2025	24	1%	0%	30 Jan 2026
H1 2025	25	1%	0%	31 Jul 2025
H2 2024	23	0%	0%	28 Jan 2025
H1 2024	23	0%	0%	23 Jul 2024
H2 2023	25	0%	0%	30 Jan 2024
H1 2023	23	0%	1%	20 Jul 2023
H2 2022	17	0%	1%	12 Jan 2023
H1 2022	20	4%	1%	28 Jul 2022
H2 2021	19	13%	0%	28 Jan 2022
H1 2021	27	28%	2%	30 Jul 2021

On the public register · Companies House

Company record

Status: Active
Type: Private Limited Company
Incorporated: 5 Jul 2019
Registered office: 30 ST. MARY AXE, LONDON, EC3A 8BF

6 outstanding charges — secured borrowing registered Accounts due 30 Sept 2026 — overdue

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 24-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 24-day vs a 10-day payment cycle.

≈ £9,500

of invoicing outstanding at any one time on a 24-day cycle — about £5,500 more than the same account would carry at 10-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 · Neo Energy Production UK Limited

Are they getting slower or faster?

Their reported average is steady — within about ±1 days period to period, around 24 days.

What's their typical pay point?

Their latest reports average around day 24, moving within about ±1 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 mining & quarrying

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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-12086835 · latest period to 31 Dec 2025

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