BP INTERNATIONAL LIMITED

PaymentCheck Score 2025
80Good
2.1vs last year
#1798 in UK
#102 in Energy
#301 in South East

Company Information

Company Number
00542515
Registered Address
Chertsey Road, Sunbury On Thames, Middlesex, TW16 7BP
Status
Active
Employee Count
0
Turnover
£2,992,000,000
EBITDA
£8,725,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 December 1954
Nature of Business
46719 - Wholesale of other fuels and related products
70100 - Activities of head offices
Industries
Energy
Region
South East

Time to Pay

Average Time to Pay
38 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
70%
31-60 Days
25%
After 60 Days
5%
Not Paid Within Terms8%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20253473%24%3%9%
01 Jul 2024 - 31 Dec 202430 Jan 20253772%23%5%7%
01 Jan 2024 - 30 Jun 202430 Jul 20243870%25%5%8%
01 Jul 2023 - 31 Dec 202330 Jan 20243969%24%7%10%
01 Jan 2022 - 30 Jun 202228 Jul 20223670%24%5%11%
01 Oct 2021 - 31 Dec 202128 Jan 20223574%22%5%9%
01 Jan 2021 - 30 Jun 202127 Jul 20213571%25%5%8%
01 Jan 2020 - 30 Jun 202029 Jul 20204134%59%7%16%
01 Jul 2019 - 31 Dec 201929 Jan 20203938%57%5%13%
01 Jan 2019 - 30 Jun 201926 Jul 20193834%61%5%14%
01 Jan 2018 - 30 Jun 201827 Jul 20183923%71%6%25%

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 for the payment to suppliers are 30 - 60 days. Certain contracts provide for immediate settlement or settlement three business days after title passes.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Payment statistics disclosed in this report can be affected by a number of different factors including payments made to other BP group companies which are included within the data disclosed. Invoices are often reported as due but not paid within agreed terms because BACS transfers to suppliers arrive in the supplier’s bank account two business days after leaving the company’s bank account, contract payments due on weekends or bank holidays are typically paid on the following business day and the company typically initiates payments in batches, on a twice weekly basis; where this is the case payments will normally be received by the supplier within a few days of the due date.

Maximum contractual payment period agreed

60

Dispute Resolution Process

The Company will notify suppliers of any invoice disputes. The Company and the supplier will endeavour to resolve all disputes by agreement of the parties. Once resolved, payment will be made in accordance with agreed terms. If these discussions are unsuccessful, then the dispute will be resolved by reference to arbitration or courts (as specified in the contract).

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

BP International Limited is a multinational energy company that operates in over 70 countries worldwide. The company is primarily involved in the exploration, production, and distribution of oil, gas, and renewable energy sources.

One of the key focuses of BP International Limited is sustainability. The company has a strong commitment to reducing its environmental impact and promoting sustainable practices. This is reflected in their sustainability program, which includes initiatives such as reducing greenhouse gas emissions, promoting renewable energy sources, and investing in research and development of low-carbon technologies.

BP International Limited offers a wide range of products and services, including fuel, lubricants, and petrochemicals. They also provide energy solutions for businesses and homes, such as solar power and electric vehicle charging.

The company is led by a team of experienced and highly skilled individuals, including the CEO, Bernard Looney. Other key people include the Chief Financial Officer, Brian Gilvary, and the Chief Operating Officer, Gordon Birrell.

For more information on BP International Limited and their products and services, individuals can visit their website at www.bp.com. The registered office address for BP International Limited is 1 St James's Square, London, SW1Y 4PD, United Kingdom.

Financial Metrics

Cash
£16,788,226,732
Net Worth
£48,863,912,024
Total Current Assets
£45,847,820,813
Total Current Liabilities
£90,836,904,665

Company Location