---
title: "WALNEY EXTENSION PSC LIMITED - Payment Practices"
date: 2026-03-27
url: https://paymentcheck.co.uk/company-search/10899436/walney-extension-psc-limited
description: "View payment practices for WALNEY EXTENSION PSC LIMITED. Average time to pay: 20 days."
---

# WALNEY EXTENSION PSC LIMITED

## Company Information

- **Company Number:** 10899436
- **Status:** Active
- **Company Type:** Private limited Company
- **Incorporated:** 4 August 2017
- **Registered Address:** 5 Howick Place, London, SW1P 1WG
- **Industry:** Professional Services
- **Region:** London

## Payment Statistics

- **Average Time to Pay:** 20 days
- **Invoices Paid Within 30 Days:** 93%
- **Invoices Paid Between 31-60 Days:** 7%
- **Invoices Paid Later Than 60 Days:** Not available%
- **Invoices Not Paid Within Agreed Terms:** 27%

## Payment Terms

- **Standard Payment Terms:** 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.
- **Shortest Payment Period:** 15 days
- **Longest Payment Period:** 60 days
- **Maximum Contractual Period:** 60 days

## Payment Practices

- **Payment Terms Changed:** Not available
- **Suppliers Notified of Changes:** Not available
- **E-Invoicing Offered:** True
- **Supply Chain Financing Offered:** False
- **Participates in Payment Codes:** No

## Dispute Resolution

"The Parties will attempt to settle any dispute between them by entering into good-faith negotiations through the appropriate management level of governance in a timely manner. The Parties must as a minimum attend the first good-faith negotiations.

If a dispute is not resolved by prior negotiation, any dispute arising out of or in connection with the Agreement, including any disputes regarding the existence, validity or termination thereof, shall be settled by arbitration in accordance with the provisions of the Rules of the London Court of International Arbitration provided that:

a) one (1) arbitrator will be appointed;
b) the arbitrator applies the laws of England;
c) the arbitration shall be conducted in the English language; and
d) be held in London, England.

Any arbitration proceedings and decisions under the Agreement are confidential."

## Summary

WALNEY EXTENSION PSC LIMITED is a private limited company operating in connection with the Walney Extension, one of the world's largest offshore wind farms located off the coast of Cumbria. The company's name references a Project Special Company (PSC) structure, which is a dedicated corporate entity established to manage interests and obligations relating to a specific infrastructure or energy project.

The company is registered in England and Wales under company number 10899436, with its registered office located at 5 Howick Place, London, SW1P 1WG. It was incorporated on 4 August 2017 and remains an active company.

Project Special Companies of this nature in the UK energy sector are typically established to hold, manage, and administer interests associated with large-scale energy infrastructure projects. Such entities serve as defined legal and financial structures that separate project-specific liabilities and assets from those of parent organisations, providing clarity of ownership and governance over the project's operational and contractual obligations.

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*Data sourced from official UK government payment practices reports. Last updated: 2026-03-27*