// payment practices, as filed · company 07680409
Orsted Power (Gunfleet Sands) Ltd: how it pays its suppliers, from its own filing
Orsted Power (Gunfleet Sands) Ltd reports paying its suppliers in an average of 21 days, with 7% of invoices paid later than the agreed terms, for the period 1 January 2026 to 30 June 2026. Across the 1,496 companies that report on construction contracts, the median is 31 days and 14% late. Every figure below is the company’s own, approved by a director and published on the government register; this page reproduces it and says what it means for a subcontractor.
21 days
Average days to pay
longer than 16% of the 1,496 filers; median 31 days
7%
Paid later than agreed
a higher share than 26% of filers; median 14%
72%
Paid within 30 days
0% took longer than 60 days
The terms it declares
- Standard payment terms
- 30 to 60 days
- Maximum contractual period
- 60 days
- Paid in 31 to 60 days
- 28%
- Paid after 60 days
- 0%
- Not paid because of a dispute
- 0%
- Filed on
- 31 July 2026
Their standard terms, in their words
Standard contractual length of time for payment of invoices are 30 days from invoice received date. The maximum contractual payment period is 60 days from invoice day.
Their explanation
N/A
Every filing since Jun 2021
Orsted Power (Gunfleet Sands) Ltd has filed 9 times. The share paid late is up 7 points on the previous filing, and the average days to pay up 12 days. The first filing, for the period to 30 June 2021, reported 19 days and 32% late.
| Period to | Days to pay | Paid late | Within 30 days | Over 60 days |
|---|---|---|---|---|
| 30 June 2026 | 21 | 7% | 72% | 0% |
| 31 December 2024 | 9 | 0% | 100% | 0% |
| 30 June 2024 | 13 | 15% | 89% | 0% |
| 31 December 2023 | 13 | 0% | 96% | 0% |
| 30 June 2023 | 10 | 13% | 93% | 0% |
| 31 December 2022 | 9 | 0% | 100% | 0% |
Retention
This filing declares no retention clauses in its construction contracts. If your subcontract with Orsted Power (Gunfleet Sands) Ltd does hold retention, the contract governs; the retention piece explains how to get it released.
What this means if you are pricing work for them
The share paid later than agreed is the number to read first, because a short term makes an invoice late sooner and a long one hides lateness inside the term. Orsted Power (Gunfleet Sands) Ltd is at or below the median on that measure. The average days to pay sits under the median.
On a 30-day term this company’s average lands inside the term, so a late invoice is the exception. When one is late, the calculator shows what statutory interest and the fixed sum add, which the law lets you charge without a clause.
Against the official benchmark: the Department for Business and Trade’s statistics for 2025, published 14 July 2026, put large construction businesses at 33 days to pay with 14% of invoices late by number (13% by value), and all large businesses at 32 days and 15% late. Orsted Power (Gunfleet Sands) Ltd is at or inside the sector figure on days. Its late share is at or below the sector figure.
What the register does not show: it is self-reported, large companies only, and the filing covers the whole company, not your contract. Read it alongside the notice rules that decide what you are actually owed, and keep your own dates.
Questions subcontractors ask about Orsted Power (Gunfleet Sands) Ltd
- How long does Orsted Power (Gunfleet Sands) Ltd take to pay its suppliers?
- Orsted Power (Gunfleet Sands) Ltd reported an average of 21 days to pay an invoice for 1 January 2026 to 30 June 2026, with 72% of invoices paid within 30 days and 0% taking longer than 60 days. The official 2025 figure for large construction businesses is 33 days.
- Does Orsted Power (Gunfleet Sands) Ltd pay late?
- By its own filing, 7% of Orsted Power (Gunfleet Sands) Ltd's invoices were paid later than the agreed terms, against 14% across large construction businesses in 2025 and a median of 14% among the 1,496 companies on this register that declare construction contracts. That is up 7 points on its previous filing (0% for the period to 31 December 2024).
- Does Orsted Power (Gunfleet Sands) Ltd hold retention?
- Orsted Power (Gunfleet Sands) Ltd declares no retention clauses in its construction contracts in this filing. Your subcontract governs; if it holds retention, the contract terms decide when it is released.
- Can I charge Orsted Power (Gunfleet Sands) Ltd interest on a late invoice?
- Yes, under the Late Payment of Commercial Debts (Interest) Act 1998, from the day after the final date for payment, at 8% over the Bank of England base rate plus a fixed sum per invoice, without any clause in the contract. The calculator works it out for your figures.
Source: the company’s own report on the government’s payment practices service, report 115803, made under the Reporting on Payment Practices and Performance Regulations 2017 and reproduced under the Open Government Licence v3.0. Register copy taken 2 October 2026; comparisons are against the latest filing of each of the 1,496 companies declaring construction contracts. Figures are as filed, not judged. Not legal advice.
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