SHELL U.K. LIMITED
Company Information
- Company Number
- 00140141
- Registered Address
- Shell Centre, London, SE1 7NA
- Status
- Active
- Employee Count
- 1,733
- Turnover
- £8,327,000,000
- EBITDA
- £1,042,000,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 30 April 1915
- Nature of Business
- 06100 - Extraction of crude petroleum06200 - Extraction of natural gas19201 - Mineral oil refining47300 - Retail sale of automotive fuel in specialised stores
- Industries
- Energy, Events And Venues, Food And Drink, Travel And Transportation
- Region
- London
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 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 48 | 31% | 67% | 2% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 48 | 31% | 65% | 4% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 51 | 29% | 67% | 4% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 48 | 31% | 65% | 4% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 50 | 24% | 73% | 3% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 51 | 22% | 74% | 4% | 6% |
| 01 Jul 2019 - 31 Dec 2019 | 20 Feb 2020 | 48 | 26% | 48% | 26% | 31% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 48 | 26% | 48% | 26% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 47 | 29% | 56% | 15% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 44 | 36% | 59% | 5% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 29 | 62% | 33% | 4% | 35% |
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
Shell standard terms are 60 days from receipt of a correctly presented invoice. For suppliers confirmed as SMEs 30-day payment terms are available. Invoice receipt is defined as a complete, fiscally correct invoice delivered at the remittance address specified in the contract / agreement / purchase order. For electronic invoices, invoice receipt is when the invoice data is received within the Shell system.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Shell UK Ltd is committed to treating our suppliers fairly and continues to monitor and improve our payment processes to support timely payment of suppliers. Shell UK Ltd, as a signatory to the Prompt Payment code targets paying at least 95% of suppliers within 60 days.
Maximum contractual payment period agreed
60
Dispute Resolution Process
A centralised point of contact for suppliers’ enquiries is in place via Shell Accounts Payable Helpdesk. This team supports with questions related to but not limited to; payment due dates, incorrect invoice submission, wrong or missing PO details, SME payment terms etc. Shell seeks to advise suppliers promptly of any disputes or reasons why an invoice will not be paid in accordance with the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute. Once resolved, payment will be made in accordance with the terms of 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
SHELL U.K. LIMITED is a leading energy company in the United Kingdom, with a strong commitment to sustainability. They offer a wide range of products and services in the oil, gas, and renewable energy sectors.
Their sustainability program focuses on reducing their carbon footprint and promoting environmental stewardship. They have set ambitious targets to reduce their greenhouse gas emissions and invest in renewable energy projects. They also prioritize community engagement and support various social and environmental initiatives.
Key people at SHELL U.K. LIMITED include the CEO, Sinead Lynch, who is the first woman to hold this position in the company's history. They also have a strong leadership team and dedicated employees who work towards achieving their sustainability goals.
Customers can contact SHELL U.K. LIMITED through their website, which provides information on their products, services, and sustainability initiatives. Their registered office address is Shell Centre, London, SE1 7NA.
In addition to their commitment to sustainability, SHELL U.K. LIMITED is known for its high-quality products and services. They offer a range of fuels, lubricants, and other energy solutions for businesses and individuals. They also have a network of petrol stations across the UK, providing convenient access to their products.
Overall, SHELL U.K. LIMITED is a reputable and responsible energy company that strives to balance economic success with sustainable practices. Their efforts towards sustainability, along with their products and services, make them a leader in the industry.
