PAIDLATE by YORXEN public-record company checks
← New check

Their own payment-practices filing · gov.uk

Neo Energy (Sns) Limited paid suppliers in 25 days on average — within its stated 10–30 day terms

CRN SC291165 · Mining & quarrying · 3 statutory reports on record · period to 30 Jun 2024

Dated record. The latest report covers a period ending 30 Jun 2024 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
25daysavg time to pay · H1 2024

Their H1 2024 filing put the average 15 days past the shortest term they state (10 days), still within their 30-day upper term.

Their stated terms
10–30 days
Paid outside agreed terms
0% of invoices
Paid after 61+ days
0%
Reporting period
1 Jan 2024 – 30 Jun 2024
Source
their gov.uk filing, filed 23 Jul 2024

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

Terms vs reality · their H1 2024 filing

Paid within their stated range — 25 against 10–30 days

The pattern · last 3 of 3 reports

Held steady around 25 days

The read · computed from their figures

Neo Energy (Sns) Limited's H1 2024 filing put their average at 25 days against stated terms of 10–30 days; 0% of invoices were paid outside agreed terms and 0% took 61 days or longer. Filed 23 Jul 2024.

The pattern is steady — their reported average moves within about ±2 days period to period.

That is 3 statutory periods on record (earliest H1 2023) — a historical record, not a promise for a new invoice.

What they tell their suppliers

Payment code: OEUK 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.

PeriodAvg daysOutside terms61+ daysFiled
H1 2024250%0%23 Jul 2024
H2 2023240%0%30 Jan 2024
H1 2023270%0%21 Jul 2023

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
3 Oct 2005
Registered office
THE SILVER FIN BUILDING (9TH FLOOR), ABERDEEN, AB11 6DB
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 25-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 25-day vs a 10-day payment cycle.

≈ £10,000
of invoicing outstanding at any one time on a 25-day cycle — about £5,900 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 (Sns) Limited

Are they getting slower or faster?
Their reported average was steady — within about ±2 days period to period, around 25 days.
What's their typical pay point?
Their latest reports averaged around day 25, moving within about ±2 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.
Share

Stay ahead

Watch Neo Energy (Sns) Limited (free)

They haven’t filed a payment report since 23 Jul 2024. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

More large companies in mining & quarrying

National Oilwell Varco UK Limited · Neo Energy (Ukcs) Limited · Mitsui E&P UK Limited · Neo Energy (Zni) Limited · Midland Quarry Products Limited · Neo Energy Central North Sea 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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-SC291165 · latest period to 30 Jun 2024

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.