ESSO EXPLORATION AND PRODUCTION UK LIMITED

PaymentCheck Score 2024
97Excellent
1.5vs last year
#404 in UK
#33 in Property
#71 in South East

Company Information

Company Number
00207426
Registered Address
Ermyn House, Ermyn Way, Leatherhead, Surrey, England, KT22 8UX
Status
Active
Employee Count
0
Turnover
£813,000,000
EBITDA
£487,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 July 1925
Nature of Business
06100 - Extraction of crude petroleum
06200 - Extraction of natural gas
09100 - Support activities for petroleum and natural gas extraction
46711 - Wholesale of petroleum and petroleum products
Industries
Property,Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
7 days
Shortest Period:10 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
99%
31-60 Days
0%
After 60 Days
1%
Not Paid Within Terms5%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

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

Performance Reports History

Reporting Period Filed: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202429 Jan 2025697%1%2%10%
01 Jul 2023 - 31 Dec 202330 Jan 2024898%0%2%7%
01 Jan 2023 - 30 Jun 202327 Jul 20234100%0%0%4%
01 Jul 2021 - 31 Dec 202128 Jan 2022298%2%0%8%
01 Jan 2021 - 30 Jun 202129 Jul 2021497%2%1%5%
01 Jul 2020 - 31 Dec 202029 Jan 2021298%1%1%7%
01 Jan 2020 - 30 Jun 202028 Jul 2020597%2%1%7%
01 Jul 2019 - 31 Dec 201929 Jan 2020597%1%2%6%
01 Jan 2019 - 30 Jun 201924 Jul 2019398%1%1%6%
01 Jul 2018 - 31 Dec 201828 Jan 2019299%0%1%5%
01 Jan 2018 - 30 Jun 201826 Jul 2018398%1%1%8%

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

60 days from receipt of invoice

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

90

Dispute Resolution Process

Our purchase orders contain contact details for the relevant helpdesk or department to which payment queries should be directed. All queries are managed in accordance with our internal processes and dealt with as quickly as possible.

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

ESSO EXPLORATION AND PRODUCTION UK LIMITED is a subsidiary of ExxonMobil, one of the largest oil and gas companies in the world. The company is focused on the exploration and production of oil and natural gas in the UK.

The sustainability program of ESSO EXPLORATION AND PRODUCTION UK LIMITED is centered around minimizing the environmental impact of their operations. This includes implementing measures to reduce greenhouse gas emissions, preserving biodiversity, and managing water resources responsibly. The company also works closely with local communities to promote economic development and support social initiatives.

Their products and services include the production and sale of crude oil and natural gas, as well as the development of new technologies to improve efficiency and reduce environmental impacts in the industry.

The key people at ESSO EXPLORATION AND PRODUCTION UK LIMITED include their Managing Director, who is responsible for the overall business strategy, and the Head of Operations, who oversees the day-to-day operations of the company.

Contact information for ESSO EXPLORATION AND PRODUCTION UK LIMITED can be found on their website (www.exxonmobil.co.uk) or at their registered office address: ESSO House, Ermyn Way, Leatherhead, Surrey, KT22 8UX.

Financial Metrics

Cash
£0
Net Worth
£1,233,000,000
Total Current Assets
£1,535,000,000
Total Current Liabilities
£91,000,000

Company Location