Industry ranking
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 06 Mar 2025 | 41 | 82% | 2% | 16% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 46 | 79% | 5% | 16% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 08 Feb 2024 | 45 | 77% | 4% | 19% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 45 | 96% | 3% | 1% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 44 | 93% | 6% | 1% | 17% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 37 | 94% | 4% | 2% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 38 | 96% | 4% | 1% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 39 | 96% | 3% | 1% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 38 | 96% | 3% | 1% | 7% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 days is standard payment terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
45
We have a separate email address which is purely for invoice enquiries and aim to get back to supplier within 3 days Monday - Friday by our AP team.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Stena Drilling Limited is a UK-registered company classified under support activities for petroleum and natural gas extraction. It was previously known as Stena Houlder Limited and, before that, Houlder Offshore Limited, reflecting a long history within the offshore energy sector. The company forms part of the wider Stena group, a Swedish-owned corporate group with interests across shipping and energy. Its registered office is in London, though its operational and personnel links extend to Aberdeen, a hub for UK offshore oil and gas activity. As registered, the entity's role centres on supporting oil and gas extraction operations rather than direct exploration or production itself.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk