MAINLINE PIPELINES LIMITED

PaymentCheck Score 2024
83Good
1.1vs last year
#1741 in UK
#792 in London

Company Information

Company Number
00995545
Registered Address
27th Floor 1 Canada Square, Canary Wharf, London, United Kingdom, E14 5AA
Status
Active
Employee Count
15
Turnover
£18,238,000
EBITDA
£8,443,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 November 1970
Nature of Business
49500 - Transport via pipeline
Industries
Travel And Transportation
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
85%
31-60 Days
15%
After 60 Days
0%
Not Paid Within Terms20%

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: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
06 Jan 2024 - 30 Jun 202430 Jul 20242982%18%0%20%
01 Jul 2023 - 31 Dec 202331 Jan 20242182%18%0%23%
01 Jan 2023 - 30 Jun 202331 Jul 20232484%15%1%43%
01 Jan 2022 - 30 Jun 202229 Jul 20222484%15%1%43%
01 Jan 2021 - 30 Jun 202128 Jul 20212586%11%3%35%
01 Jan 2020 - 30 Jun 202004 Aug 20202185%14%1%44%
01 Jan 2019 - 30 Jun 201926 Jul 20191992%8%0%52%
01 Jan 2018 - 30 Jun 201830 Jul 20182089%11%0%54%

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

30

Dispute Resolution Process

All dispute resolutions involve Accounts Payable in the US – we coordinate with the business and the vendor.

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

MAINLINE PIPELINES LIMITED is a British company that specializes in the construction, maintenance, and operation of pipelines for the transport of oil and gas. Founded in 1985, the company has a strong focus on sustainability and is committed to minimizing its environmental impact through its operations.

The company offers a range of services including pipeline design, construction, and maintenance, as well as project management and consultation. They also provide various products such as valves, pumps, and control systems for pipeline infrastructure.

MAINLINE PIPELINES LIMITED has a team of experienced professionals, including engineers, project managers, and environmental experts, who are dedicated to delivering high-quality and sustainable solutions for their clients.

The company has a strong sustainability program, which includes measures such as using renewable energy sources for their operations, reducing carbon footprint, and promoting eco-friendly practices among their employees and suppliers. They also prioritize safety in all their projects, ensuring the protection of the environment and local communities.

The registered office address for MAINLINE PIPELINES LIMITED is 9th Floor, 6 New Street Square, New Fetter Lane, London, EC4A 3BF. Their website is https://mainlinepipelines.com/ where more information about the company and its services can be found. With their commitment to sustainability and expertise in pipeline construction, MAINLINE PIPELINES LIMITED is a trusted and reliable partner for clients in the oil and gas industry.

Financial Metrics

Cash
£0
Net Worth
£76,634,000
Total Current Assets
£139,768,000
Total Current Liabilities
£67,794,000

Company Location