Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2024 - 30 Jun 2024 | 02 Aug 2024 | 37 | 49% | 37% | 14% | 26% |
| 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.
❌
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
TotalEnergies Marketing UK Limited is the UK entity of TotalEnergies, a global multi-energy group. It markets and supplies fuels and energy products in the UK, including automotive, heavy duty and industrial lubricants, aviation fuels, bitumen, solvents and specialist fluids, alongside gas and electricity supply, solar and electric vehicle charging services. Its registered activities cover wholesale of petroleum and other fuels, other treatment of petroleum products, and head office activities. The wider TotalEnergies group operates across around 120 countries with over 100,000 employees, producing and supplying oil, natural gas, biofuels, renewables and electricity. This UK company represents the group's marketing and distribution presence, serving motorists and business customers through service stations, distributors and direct supply arrangements.
Generated from the company's website and Companies House records. Sources: total.uk · total.uk · total.uk