Score of 89.8/100 qualifies for PaymentCheck Certification
| 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 2025 - 30 Jun 2025 | 29 Jul 2025 | 31 | 94% | 4% | 2% | 6% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 32 | 92% | 6% | 2% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 12 Jul 2024 | 31 | 95% | 4% | 1% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 01 Feb 2024 | 32 | 88% | 8% | 4% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Aug 2023 | 32 | 87% | 11% | 2% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 31 | 92% | 7% | 1% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 33 | 81% | 17% | 2% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 34 | 85% | 12% | 3% | 15% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 35 | 67% | 27% | 6% | 33% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jul 2020 | 38 | 56% | 31% | 13% | 44% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Oct 2019 | 39 | 54% | 28% | 18% | 46% |
| 01 Jul 2018 - 31 Dec 2018 | 05 Feb 2019 | 31 | 86% | 12% | 2% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are to pay 30 days after receipt of the invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
The supplier is informed of the query by email. If a satisfactory response is received then the invoice is progressed for approval and payment. If no response has been received after 5 business days the invoice is returned to the supplier for correction and a resubmission along with a letter stating the reason for the rejection of the invoice.
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 E&P UK Limited is a leading oil and gas exploration and production company based in the United Kingdom. The company is a subsidiary of the global energy company TotalEnergies and has been operating in the UK for over 50 years.
The company's main activities include exploring, developing, and producing oil and gas resources in the UK North Sea. They have a strong track record of delivering safe and efficient operations and are committed to minimizing their environmental impact.
As part of their sustainability program, TotalEnergies E&P UK Limited has set ambitious goals to reduce their carbon footprint and transition to cleaner energy sources. They have invested in renewable energy projects and implemented energy efficiency measures in their operations.
TotalEnergies E&P UK Limited offers a wide range of products and services, including crude oil, natural gas, liquefied natural gas (LNG), and electricity. They also provide energy solutions for industries, businesses, and households.
The company's key people include Managing Director Jean-Luc Guiziou and Deputy Managing Director Elizabeth Padmore. They have a team of experienced professionals who are dedicated to delivering high-quality and sustainable energy solutions.
For more information on TotalEnergies E&P UK Limited, their products and services, sustainability program, and latest updates, you can visit their website at www.totalenergies-uk.com. Their registered office is located at TotalEnergies E&P UK Limited, 2 Kingdom Street, London, W2 6BD, United Kingdom.