30 Fair PaymentHow fast UK companies pay their suppliers
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Phoenix Energy Group Ltd

Registered as PHOENIX ENERGY GROUP LTD. Company number NI032809. 17 payment practices reports on file, the latest for the period ending 30 June 2026, filed 2 July 2026.

31days on average to pay

  • Within 30 days
  • 31 to 60 days
  • Over 60 days

In the reporting period from 1 January 2026 to 30 June 2026, Phoenix Energy Group Ltd reported that it took an average of 31 days to pay its suppliers' invoices. It paid 70% of invoices within 30 days, 24% in 31 to 60 days and 6% after more than 60 days. It said 32% of invoices were not paid within the agreed terms.

That average is faster than 50% of the 6,220 companies whose latest report covers a period ending since May 2025. A year earlier, in the period to 30 June 2025, the average was 36 days, so it is 5 days faster now. It reported construction contracts in this period, and said they include retention clauses at a standard rate of 3%.

Average days to pay, report by report

30 26 Dec 2020 30 Jun 2021 32 Dec 2021 37 Jun 2022 38 Dec 2022 38 Jun 2023 40 Dec 2023 42 Jun 2024 33 Dec 2024 36 Jun 2025 36 Dec 2025 31 Jun 2026

Bars are labelled with the month the period ended. The dashed line marks 30 days.

Every report filed

PeriodFiledAverage daysWithin 30 days31 to 60Over 60Not within termsSource
Jan to Jun 2026 2 Jul 2026 31 70%24%6%32% Report
Jul to Dec 2025 8 Jan 2026 36 69%24%7%31% Report
Jan to Jun 2025 17 Jul 2025 36 68%24%8%32% Report
Jul to Dec 2024 8 Jan 2025 33 71%20%9%29% Report
Jan to Jun 2024 5 Jul 2024 42 47%38%15%53% Report
Jul to Dec 2023 29 Jan 2024 40 55%33%12%45% Report
Jan to Jun 2023 18 Jul 2023 38 58%34%8%43% Report
Jul to Dec 2022 9 Jan 2023 38 52%38%10%49% Report
Jan to Jun 2022 22 Jul 2022 37 53%39%8%48% Report
Jul to Dec 2021 7 Jan 2022 32 54%41%5%46% Report
Jan to Jun 2021 5 Jul 2021 30 57%40%3%45% Report
Jul to Dec 2020 18 Jan 2021 26 70%29%1%28% Report
Jan to Jun 2020 9 Jul 2020 22 79%18%3%16% Report
Jul to Dec 2019 6 Jan 2020 22 79%20%1%23% Report
Jan to Jun 2019 23 Jul 2019 25 81%15%4%16% Report
Jul to Dec 2018 22 Jan 2019 26 78%18%4%19% Report
Jan to Jun 2018 9 Jul 2018 25 73%23%4%28% Report

Source: the company's filings on Check payment practices. Contains public sector information licensed under the Open Government Licence v3.0. Figures are as filed. We do not change them.