CHRYSAOR PRODUCTION (U.K.) LIMITED

PaymentCheck Score 2020
83Good
New Entry
#1218 in UK
#85 in Energy
#551 in London

Company Information

Company Number
00524868
Registered Address
23 Lower Belgrave Street, London, England, SW1W 0NR
Status
Active
Employee Count
625
Turnover
£302,021,000
EBITDA
£160,754,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 October 1953
Nature of Business
06100 - Extraction of crude petroleum
06200 - Extraction of natural gas
Industries
Energy
Region
London

Time to Pay

Average Time to Pay
30 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
81%
31-60 Days
18%
After 60 Days
1%
Not Paid Within Terms19%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-02-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202001 Feb 20213081%18%1%19%
01 Jan 2020 - 30 Jun 202030 Jul 20203082%16%2%18%
01 Jul 2018 - 31 Dec 201825 Jan 20193092%6%2%8%
01 Jan 2018 - 30 Jun 201827 Jul 20182993%6%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

30 days from receipt of correctly prepared and adequately supported invoice/payment request

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

Supplier to contact Invoice Helpdesk (e-mail or telephone) in the first instance and they will escalate appropriately

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

CHRYSAOR PRODUCTION (U.K.) LIMITED is a privately owned oil and gas company based in the United Kingdom. The company was founded in 2007 and is headquartered in London.

The company's main activities include exploration, development, and production of oil and natural gas in the North Sea. They also have interests in renewable energy projects and are actively working towards reducing their carbon footprint.

CHRYSAOR is committed to sustainability and has implemented a comprehensive program to minimize the impact of their operations on the environment. This includes reducing greenhouse gas emissions, managing waste, and promoting biodiversity in their offshore operations.

Their products and services include the production and sale of oil and natural gas, as well as the development of renewable energy sources such as wind and solar power. They also offer engineering and technical services to support their operations.

The key people at CHRYSAOR include Chief Executive Officer, Phil Kirk, and Chief Financial Officer, Scott Johnson. They lead a team of experienced professionals who are dedicated to the company's success and sustainability efforts.

For more information on CHRYSAOR PRODUCTION (U.K.) LIMITED and their products and services, you can visit their website at www.chrysaor.co.uk. Their registered office address is 5th Floor, 1 Cavendish Place, London, W1G 0QF.

Financial Metrics

Cash
£0
Net Worth
£688,060,000
Total Current Assets
£601,750,000
Total Current Liabilities
£1,370,228,000

Company Location