LUBRICANTS UK LIMITED
Company Information
- Company Number
- 00097216
- Registered Address
- Chertsey Road, Sunbury On Thames, Middlesex, TW16 7BP
- Status
- Active
- Employee Count
- 276
- Turnover
- £362,478,000
- EBITDA
- -£985,428,000
Additional Details
- Website
- https://bp.com
- Company Type
- Private limited Company
- Incorporated On
- 13 March 1908
- Nature of Business
- 19201 - Mineral oil refining
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 35 | 48% | 50% | 2% | 19% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 55 | 25% | 55% | 20% | 20% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 60 | 24% | 52% | 24% | 24% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 60 | 19% | 52% | 28% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 53 | 21% | 74% | 5% | 6% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 52 | 7% | 56% | 37% | 41% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 52 | 4% | 61% | 34% | 37% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 50 | 5% | 63% | 32% | 36% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 50 | 4% | 67% | 29% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 49 | 5% | 65% | 30% | 36% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard contractual terms for the payment to suppliers are 60 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payment statistics disclosed in this report can be affected by a number of different factors including payments made to other BP group companies which are included within the data disclosed. Invoices are often reported as due but not paid within agreed terms because BACS transfers to suppliers arrive in the supplier’s bank account two business days after leaving the company’s bank account, contract payments due on weekends or bank holidays are typically paid on the following business day and the company typically initiates payments in batches, on a daily basis; where this is the case payments will normally be received by the supplier within a few days of the due date
Maximum contractual payment period agreed
90
Dispute Resolution Process
The Company will notify suppliers of any invoice disputes. The Company and the supplier will endeavour to resolve all disputes by agreement of the parties. Once resolved, payment will be made in accordance with agreed terms. If these discussions are unsuccessful, then the dispute will be resolved by reference to arbitration or courts (as specified in the contract).
Other Payment Information
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.
❌
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.
❌
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.
❌
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
Company Summary
LUBRICANTS UK LIMITED is a leading company in the lubricants industry, providing high-quality products and services in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes measures such as reducing emissions, promoting recycling and waste reduction, and using eco-friendly packaging materials. LUBRICANTS UK LIMITED also focuses on promoting sustainability within their supply chain, working closely with their suppliers to ensure ethical and sustainable practices.
The company offers a wide range of lubricants for various industries, including automotive, industrial, and marine. Their products are known for their superior quality and performance, making them a trusted choice for many customers.
LUBRICANTS UK LIMITED has a team of highly skilled and experienced professionals, including engineers and scientists, who are dedicated to providing the best solutions for their clients. They continuously invest in research and development to stay at the forefront of the industry and offer innovative and sustainable products.
Customers can easily contact LUBRICANTS UK LIMITED through their website, which also provides detailed information about their products and services. The registered office address of the company is at 10 Bloomsbury Way, London WC1A 2SL, United Kingdom.
In summary, LUBRICANTS UK LIMITED is a reputable and sustainable company that offers high-quality lubricants and services. With a strong focus on sustainability, experienced professionals, and a wide range of products, they are a top choice for customers in the UK.
