Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
From 2018 to 2023, there has been a slight decrease in the average time taken for SHELL INTERNATIONAL TRADING AND SHIPPING COMPANY LIMITED to pay invoices to suppliers. Additionally, there has been an increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid between 31 and 60 days. The percentage of invoices paid later than 60 days has remained relatively stable over the years.
The average time to pay invoices has remained relatively stable, with only a slight decrease. The percentage of invoices paid within 30 days has shown a consistent increase, while the percentages of invoices paid between 31 and 60 days and later than 60 days have shown minor fluctuations. The percentage of invoices not paid within agreed terms has also shown minor fluctuations over the years.
| 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 Jul 2025 - 31 Dec 2025 | 27 Jan 2026 | 41 | 55% | 42% | 3% | 2% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 40 | 60% | 20% | 20% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 24 Jan 2025 | 26 | 79% | 20% | 1% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 35 | 77% | 21% | 2% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 36 | 76% | 19% | 5% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 36 | 76% | 19% | 5% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 37 | 74% | 22% | 4% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 36 | 72% | 24% | 4% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 40 | 64% | 27% | 9% | 9% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 36 | 74% | 21% | 5% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 36 | 72% | 25% | 3% | 4% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 38 | 67% | 27% | 6% | 6% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 38 | 60% | 36% | 4% | 6% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 38 | 49% | 46% | 6% | 27% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 40 | 44% | 49% | 7% | 25% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 41 | 55% | 38% | 7% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 27 | 70% | 26% | 5% | 18% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Shell standard terms are 60 days from receipt of a correctly presented invoice. For suppliers confirmed as SMEs 30-day payment terms are available. Invoice receipt is defined as a complete, fiscally correct invoice delivered at the remittance address specified in the contract / agreement / purchase order. For electronic invoices, invoice receipt is when the invoice data is received within the Shell system. Payment terms for Hydrocarbons are determined during Deal Negotiation by Traders and Deal Makers with appropriate business authority. Payment terms are determined by title transfer date and most commonly do not exceed 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The reported data includes intragroup payments. Shell is committed to treating our suppliers fairly and continues to monitor and improve our payment processes to support timely payment of suppliers.
Maximum contractual payment period agreed
60
A centralised point of contact for suppliers’ enquiries is in place via Shell Accounts Payable Helpdesk. This team supports with questions related to but not limited to; payment due dates, incorrect invoice submission, wrong or missing PO details etc. Shell seeks to advise suppliers promptly of any disputes or reasons why an invoice will not be paid in accordance with the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute. Once resolved, payment will be made in accordance with the terms of the contract. For hydrocarbons, payment with respect to unresolved disputes will be referred to the Trader and Deal Makers responsible for the negotiated contract and Business Finance Managers.
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
Shell International Trading And Shipping Company Limited is a UK-registered entity within the Shell group, a global group of energy and petrochemical companies. Its registered activities cover wholesale of petroleum and petroleum products, sea and coastal freight water transport, and security and commodity contracts dealing, reflecting its role in trading and shipping crude oil and petroleum products for the wider group. It is not the group's public-facing retail or exploration arm but a specialist entity handling trading, chartering and logistics of oil cargoes. The company has been incorporated since 1953 and remains active, with its registered office at Shell's London headquarters. Group-level strategy, production and retail activities described on Shell's website belong to the broader Shell corporate group rather than to this specific entity.
Generated from the company's website and Companies House records. Sources: shell.com