BP CHEMICALS LIMITED

PaymentCheck Score 2021
38Poor
21.3vs last year
#5479 in UK
#514 in Property
#930 in South East

Company Information

Company Number
00194971
Registered Address
Chertsey Road, Sunbury On Thames, Middlesex, TW16 7BP
Status
Active
Employee Count
12
Turnover
£0
EBITDA
-£2,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 January 1924
Nature of Business
20130 - Manufacture of other inorganic basic chemicals
Industries
Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
South East

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The data for BP CHEMICALS LIMITED shows a fluctuating trend in the average time taken to pay invoices to suppliers. In the first three periods, there was a decrease in the average time to pay, from 52 days in 2018 to 46 days in 2019. However, in the last two periods, there has been an increase in the average time taken to pay, with a significant jump from 44 days in 2020 to 60 days in 2021.

Volatility Analysis

The volatility in the data can be seen in the changes in the percentage of invoices paid within 30 days and those paid later than 60 days. In the first two periods, there was a consistent trend of 17% and 14% of invoices being paid within 30 days and later than 60 days, respectively. However, in the following two periods, there was a significant increase in the percentage of invoices paid within 30 days, with a peak of 41% in 2020, and a decrease in the percentage of invoices paid later than 60 days. The last period shows a sharp increase in the percentage of invoices paid later than 60 days, from 10% in 2020 to 36% in 2021.

Summary Analysis

For BP CHEMICALS LIMITED, the average time taken to pay invoices to suppliers has been fluctuating, with a decrease in the first two periods and an increase in the last two periods. The percentage of invoices paid within 30 days has consistently been between 17-18% in the first two periods, but there was a significant increase in the following two periods, reaching a peak of 41% in 2020. However, there has been a sharp increase in the percentage of invoices paid later than 60 days in the last period, which has also affected the percentage of invoices not paid within agreed terms, reaching a high of 43% in 2021. The shortest (or only) standard payment period has remained at 45 days throughout all periods.

Performance Reports History

Reporting Period Filed: 2022-01-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202126 Jan 2022
01 Jan 2021 - 30 Jun 202127 Jul 20216021%43%36%43%
01 Jul 2020 - 31 Dec 202025 Jan 20214441%50%10%11%
01 Jan 2020 - 30 Jun 202029 Jul 20204835%54%11%12%
01 Jul 2019 - 31 Dec 201929 Jan 20204832%55%14%14%
01 Jan 2019 - 30 Jun 201929 Jul 20194623%65%12%14%
01 Jul 2018 - 31 Dec 201830 Jan 20194918%68%14%18%
01 Jan 2018 - 30 Jun 201827 Jul 20185217%69%14%17%

Payment Time Trends

Payment Distribution Trends

Company Summary

BP Chemicals Limited is a British multinational company that specializes in the production and distribution of chemicals and petrochemicals. Founded in 1986, the company operates in over 50 countries and has a strong commitment to sustainability and environmental responsibility.

The company's sustainability program focuses on reducing its carbon footprint and promoting the use of renewable energy sources. They have set ambitious targets to reduce their greenhouse gas emissions and increase their use of renewable energy, such as wind and solar power.

BP Chemicals Limited offers a wide range of products and services, including polymers, solvents, and fertilizers. Their products are used in various industries such as construction, packaging, and agriculture. The company also provides custom solutions for specific customer needs and offers technical support to ensure the safe and efficient use of their products.

The key people at BP Chemicals Limited include CEO Bernard Looney and Chairman Helge Lund, both of whom have a strong background in the energy and chemical industries. The company has a team of highly skilled and experienced employees who are committed to delivering high-quality products and services to their customers.

To contact BP Chemicals Limited, their website address is www.bp.com/chemicals and their registered office address is BP Chemicals Limited, 1 St James's Square, London SW1Y 4PD, United Kingdom. Customers can also reach them through their customer service hotline at +44 (0)20 7496 4000. Overall, BP Chemicals Limited is a leading player in the chemical industry with a strong focus on sustainability and delivering innovative products and services to their customers.

Financial Metrics

Cash
£0
Net Worth
£126,397,000
Total Current Assets
£126,487,000
Total Current Liabilities
£90,000

Company Location