| 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 Aug 2018 - 31 Dec 2018 | 07 Mar 2019 | 87 | 34% | 9% | 57% | 33% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
90 days from end of month - Direct 120 days from end of month - Indirect
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
120
The business operates an accounts payable helpdesk model to service supplier queries. Queries are answered within 2 working days following receipt of the query.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
UOP LIMITED is a leading global provider of technology, systems and solutions for the oil and gas industry. With a strong commitment to sustainability, the company strives to create value for its customers while minimizing its impact on the environment.
The company's sustainability program focuses on reducing emissions, conserving resources and promoting responsible practices throughout its operations. This includes implementing energy-efficient technologies, reducing waste and promoting recycling, and adhering to strict environmental regulations.
UOP LIMITED offers a wide range of products and services, including advanced technologies for refining, petrochemicals, gas processing and renewable fuels. The company's expertise in process design, engineering, and project management allows it to deliver customized solutions to meet the specific needs of its clients.
The key people at UOP LIMITED include its CEO and President, John G. D'Orazio, who has over 30 years of experience in the industry. The company's executive team also includes experts in engineering, technology, and business development, ensuring a strong and diverse leadership.
To learn more about UOP LIMITED and its sustainability efforts, customers can visit the company's website at www.uop.com. The registered office address is located at UOP, LLC, 25 E. Algonquin Rd., Des Plaines, IL 60017, USA. Overall, UOP LIMITED is committed to providing innovative and sustainable solutions to its customers while striving to make a positive impact on the environment.