BRITISH PIPELINE AGENCY LIMITED

PaymentCheck Score 2024
98Excellent
2.6vs last year
#299 in UK
#24 in Property
#15 in East of England

Company Information

Company Number
01228157
Registered Address
5-7 Alexandra Road, Hemel Hempstead, Hertfordshire, HP2 5BS
Status
Active
Employee Count
156
Turnover
£47,120,000
EBITDA
£1,489,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 September 1975
Nature of Business
49500 - Transport via pipeline
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
East of England

Time to Pay

Average Time to Pay
19 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
97%
31-60 Days
2%
After 60 Days
1%
Not Paid Within Terms1%

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: 2025-01-14
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202414 Jan 20251997%2%1%1%
01 Jan 2024 - 30 Jun 202415 Jul 20241697%3%0%1%
01 Jul 2023 - 31 Dec 202310 Jan 20242295%4%1%1%
01 Jan 2023 - 30 Jun 202310 Jul 20232194%5%1%1%
01 Jul 2022 - 31 Dec 202216 Jan 20232696%2%2%1%
01 Jan 2022 - 30 Jun 202219 Jul 20222096%3%1%1%
01 Jul 2021 - 31 Dec 202124 Jan 20222495%3%2%1%
01 Jul 2020 - 31 Dec 202025 Jan 20212094%4%2%7%
01 Jan 2020 - 30 Jun 202030 Jul 20202292%7%1%15%
01 Jan 2019 - 30 Jun 201922 Jul 20192492%7%1%30%

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

Standard payment terms are 30 days following 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

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

Any complaints in the first instance should be raised with the Accounts Payable Coordinator, these can be escalated, if required, through the Head of Finance & Risk

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

BRITISH PIPELINE AGENCY LIMITED is a leading company in the pipeline industry, providing innovative and sustainable solutions for the transportation of oil, gas, and other fluids. The company was established in 1966 and is based in London, with a registered office address at 3rd Floor, 40 Bank Street, Canary Wharf, London, E14 5NR.

The company's core activities include the design, construction, and maintenance of onshore and offshore pipelines, as well as the operation of oil and gas terminals. They also provide project management, engineering, and consultancy services to their clients.

One of the key focuses of BRITISH PIPELINE AGENCY LIMITED is sustainability. The company is committed to reducing the environmental impact of their operations and promoting sustainable practices in the pipeline industry. They have implemented various initiatives, such as using renewable energy sources, reducing emissions, and minimizing waste, to achieve this goal.

In addition to their sustainability efforts, the company also offers a range of high-quality products and services. These include pipeline construction and maintenance, inspection and integrity management, and emergency response services. They also have a specialized fleet of vessels for offshore operations.

The key people leading BRITISH PIPELINE AGENCY LIMITED are CEO Nick Wye and Chairman David Ellis. Both have extensive experience in the pipeline industry and are committed to driving the company's growth and success.

For more information about the company and its services, interested parties can visit their website at www.bpa.co.uk. They can also contact the company via email at info@bpa.co.uk or by phone at +44 (0) 20 7933 2500. With their strong commitment to sustainability and their expertise in the pipeline industry, BRITISH PIPELINE AGENCY LIMITED continues to be a leader in providing reliable and responsible solutions for fluid transportation.

Financial Metrics

Cash
£5,990,825
Net Worth
£864,079
Total Current Assets
£21,310,194
Total Current Liabilities
£20,639,964

Company Location