| 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 | 42 | 34% | 63% | 3% | 4% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 37 | 43% | 54% | 3% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 24 Jan 2025 | 40 | 56% | 36% | 8% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 39 | 47% | 49% | 4% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 41 | 51% | 43% | 6% | 7% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 41 | 51% | 43% | 6% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 35 | 48% | 48% | 4% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 40 | 47% | 45% | 8% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 37 | 49% | 41% | 10% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 34 | 50% | 48% | 2% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 39 | 43% | 53% | 4% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 34 | 50% | 46% | 4% | 5% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 35 | 48% | 41% | 10% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Feb 2020 | 35 | 49% | 41% | 10% | 19% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 35 | 49% | 41% | 10% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 28 Jul 2019 | 38 | 40% | 50% | 10% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 36 | 45% | 43% | 12% | 22% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 37 | 44% | 44% | 12% | 20% |
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.
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.
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 Research Limited is a UK-registered company, incorporated in 1954, with its registered office at Shell Centre, London. Companies House classifies its activity under other business support services not elsewhere classified. The company forms part of the wider Shell group, a global group of energy and petrochemical companies operating in more than seventy countries. No evidence details the entity's own day-to-day trading activity or specific research function separately from the group. Group-level information describes Shell as engaged in oil, gas, chemicals and broader energy business, including exploration, production, refining and retail fuel supply, but these activities are attributable to the Shell group as a whole rather than to this specific registered entity.
Generated from the company's website and Companies House records. Sources: shell.com · shell.com