AZULE ENERGY EXPLORATION (ANGOLA) LIMITED

PaymentCheck Score 2025
91Excellent
10.8vs last year
#816 in UK
#59 in Property
#389 in London

Company Information

Company Number
00615393
Registered Address
125 Old Broad Street, London, England, EC2N 1AR
Status
Active
Employee Count
0
Turnover
£2,186,026,000
EBITDA
£2,361,510,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 November 1958
Nature of Business
06100 - Extraction of crude petroleum
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
32 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
77%
31-60 Days
19%
After 60 Days
4%
Not Paid Within Terms13%

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: 2025-01-20
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 202529 Jul 20252891%8%1%1%
01 Jul 2024 - 31 Dec 202420 Jan 20253277%19%4%13%
01 Jan 2024 - 30 Jun 202430 Jul 20242975%23%2%25%
01 Jul 2023 - 31 Dec 202306 Jun 20242782%15%1%18%
01 Jan 2023 - 30 Jun 202306 Jun 20243374%20%5%26%
01 Jan 2021 - 30 Jun 202127 Jul 20213179%20%1%21%
01 Jan 2020 - 30 Jun 202029 Jul 20203381%18%1%17%
01 Jan 2019 - 30 Jun 201929 Jul 20193773%20%7%18%
01 Jan 2018 - 30 Jun 201827 Jul 20184473%19%8%18%

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

30 days

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

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 Exploration (Angola) Limited is a subsidiary of the British multinational oil and gas company, BP. The company is primarily engaged in the exploration and production of oil and gas in Angola, Africa.

Sustainability is a key focus for BP Exploration (Angola) Limited, with the company striving to reduce its environmental impact and support the local community. They have implemented various initiatives such as using advanced technology to reduce carbon emissions and promoting biodiversity conservation in their operations.

The company's main product is crude oil, which is extracted from its offshore oil fields in Angola. They also produce natural gas, which is used as a cleaner alternative to traditional fossil fuels.

The key people at BP Exploration (Angola) Limited include the managing director, Martyn Morris, who has over 30 years of experience in the energy industry, and the chairman, David Lawton, who also serves as the vice president for BP's Africa exploration and production division.

The company's registered office address is at Chertsey Road, Sunbury-on-Thames, Middlesex, TW16 7BP, United Kingdom. They can also be contacted through their website, www.bp.com, for more information about their operations and sustainability efforts.

Financial Metrics

Cash
£51,736,880
Net Worth
£3,098,375,515
Total Current Assets
£1,433,877,253
Total Current Liabilities
£422,035,255

Company Location