VALERO ENERGY UK LTD
Company Information
- Company Number
- 00145197
- Registered Address
- C/O Teneo Financial Advisory Limited The Colmore Building, 20 Colmore Circus Queensway, Birmingham, B4 6AT
- Status
- Liquidation
- Employee Count
- 0
- Turnover
- Coming Soon
- EBITDA
- -£17,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 October 1916
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Energy
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
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 2018 - 30 Jun 2018 | 30 Jul 2018 | 30 | 100% | 0% | 0% | 0% |
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 goods and services is 30 days
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
30
Dispute Resolution Process
The main point of contact for disputes is the Accounts Payable Department in San Antonio Texas US. When an invoice is disputed, the supplier will receive an email indicating the invoice number and reason for rejection. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice.
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.
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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
Company Summary
Valero Energy UK Ltd is a leading energy company based in the United Kingdom. The company was founded in 1982 and has since become one of the largest oil and gas producers in the country. Valero Energy UK Ltd is committed to sustainability and reducing their environmental impact through their operations.
The company's main activities include the production, distribution, and marketing of petroleum products such as gasoline, diesel, and jet fuel. They also operate a network of retail fuel stations across the UK under the Texaco brand. Valero Energy UK Ltd is also involved in renewable energy projects, including the production of biofuels.
The company's sustainability program focuses on reducing greenhouse gas emissions, promoting energy efficiency, and implementing renewable energy solutions. They also place a strong emphasis on safety and continuously strive to improve their environmental performance.
The key people at Valero Energy UK Ltd include Joe Gorder, the Chairman, President, and CEO, and Robert McGrath, the Vice President and General Manager of the UK operations.
For more information on Valero Energy UK Ltd and their sustainability efforts, you can visit their website at www.valero.com/uk. Their registered office address is Valero Energy (UK) Ltd, Pembroke Refinery, Waterston, Milford Haven, Pembrokeshire, SA73 2PG.
