PHILLIPS 66 LIMITED
Company Information
- Company Number
- 00529086
- Registered Address
- 7th Floor, 200-202 Aldersgate Street, London, EC1A 4HD
- Status
- Active
- Employee Count
- 968
- Turnover
- £24,002,000,000
- EBITDA
- £1,246,000,000
Additional Details
- Website
- https://phillips66.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 10 February 1954
- Nature of Business
- 19201 - Mineral oil refining
- Industries
- Property,Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Jan 2025 - 30 Jun 2025 | 17 Jul 2025 | 29 | 91% | 6% | 3% | 10% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 32 | 87% | 8% | 5% | 14% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 29 | 87% | 7% | 4% | 15% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 28 | 89% | 9% | 2% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 02 Aug 2023 | 27 | 76% | 23% | 1% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 27 | 85% | 13% | 2% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 28 | 80% | 18% | 2% | 23% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 29 | 91% | 8% | 2% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 30 | 90% | 6% | 3% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 28 | 94% | 5% | 1% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 28 | 95% | 4% | 1% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 28 | 92% | 7% | 1% | 11% |
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
Standard contractual terms relating to payment for the procurement of goods and/or services is 30 days from receipts of the invoice. In the commodities traded market Phillips 66 uses industry standard terms which are negotiated with the suppliers as part of contractual negotiation
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
45
Dispute Resolution Process
Phillips 66 Vendors can use the Actian website that allows suppliers to view and monitor their account information, also we have an 8 am to 4.30pm accounts payable telephone number. Queries relating to the payment of invoices should, in the first instance be raised through the Actian website or the account payable telephone number, we also have an email address Transaction.account@p66.com for vendor to follow up on queries.
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
Phillips 66 Limited is a leading energy company based in the United Kingdom. They are committed to sustainable practices and have implemented various initiatives to reduce their environmental footprint.
Their sustainability program includes investing in renewable energy, reducing greenhouse gas emissions, and promoting responsible production and consumption. They also have a strong focus on safety and community engagement, striving to make a positive impact on the areas where they operate.
Phillips 66 Limited offers a range of products and services, including transportation fuels, lubricants, and petrochemicals. They also have a network of more than 1,000 fuel stations across the UK, providing quality fuel and convenience store items to customers.
The key people at Phillips 66 Limited include the CEO, Greg Garland, and the Managing Director for the UK and Ireland, Mary Wolf. They lead a team of dedicated employees who are committed to the company's sustainability efforts.
The registered office address for Phillips 66 Limited is at 7th Floor, 25 Canada Square, London, E14 5LQ, United Kingdom. Their website, www.phillips66.co.uk, provides information on their products, services, and sustainability initiatives. Customers can also contact them via email at info@phillips66.com or by phone at +44 (0)20 7648 1000. Overall, Phillips 66 Limited is a responsible and innovative company that is making a positive impact in the energy industry.
