| 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 2022 - 31 Dec 2022 | 25 Jan 2023 | 50 | 43% | 39% | 18% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 41 | 39% | 42% | 19% | 30% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 36 | 43% | 41% | 16% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 43 | 41% | 41% | 18% | 29% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 36 | 41% | 40% | 19% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 41 | 21% | 60% | 19% | 72% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Jul 2019 | 40 | 22% | 61% | 16% | 71% |
| 01 Jul 2018 - 31 Dec 2018 | 22 Jan 2019 | 39 | 23% | 62% | 16% | 70% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 40 | 24% | 64% | 12% | 64% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Suppliers of goods and services to the Company that contract on our General Terms and Conditions are offered 60 day payment terms from the invoice date. Authorised invoices will be paid on the weekly supplier payment run for the week which is closest to 60 days after the invoice date. This may result in payments being received after the agreed number of days due to due to such payment date falling prior to the weekly payment run. A copy of our General Terms and Conditions can be found on our website (https://www.total.co.uk/standard-conditions-sale-and-purchase). The invoices that have not been paid within the agreed terms is due principally to those being received late or being disputed.
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
60
In the event that a dispute arises and cannot be resolved by our Accounts Payable team, it would be escalated in the first instance to the Review Committee (comprising of members from both the Company and the supplier). If the Review Committee is unable to resolve the dispute, the matter shall be escalated to senior representatives from each Company. If after 30 days, the dispute remains unresolved the matter shall be referred to the Managing Directors of both parties. If no resolution is reached by this stage, either party may issue court proceedings. For detailed information, please refer to Article 27 of the General Terms and Conditions.
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
TOTALENERGIES MARKETING UK LIMITED is a leading energy company that focuses on providing sustainable and innovative solutions to their customers. The company is committed to reducing their carbon footprint and promoting environmental sustainability through their operations.
The company's sustainability program includes initiatives to reduce greenhouse gas emissions, increase energy efficiency, and promote renewable energy sources. They also have a strong focus on waste management and promoting circular economy practices. TOTALENERGIES MARKETING UK LIMITED has set ambitious targets to reduce their carbon emissions and promote the use of sustainable energy sources in their operations.
In terms of products and services, TOTALENERGIES MARKETING UK LIMITED offers a wide range of energy solutions for both residential and commercial customers. These include traditional fuels like petrol, diesel, and LPG, as well as alternative fuels like biofuels and electric vehicle charging solutions. The company also offers energy management and consulting services to help their customers reduce their energy consumption and carbon footprint.
The key people at TOTALENERGIES MARKETING UK LIMITED include their CEO, Patrick Pouyanné, and their Managing Director, Michael J. Sangster. Both leaders have a strong background in the energy industry and are committed to driving the company's sustainable growth.
For more information on TOTALENERGIES MARKETING UK LIMITED and their products and services, you can visit their website at www.totalenergies.co.uk. Their registered office address is at 33 Cavendish Square, London, W1G 0PW. Customers can also contact the company through their customer service hotline at 0800 321 300.