ROCKROSE UKCS 9 LIMITED

PaymentCheck Score 2020
100Excellent
New Entry
#54 in UK
#28 in London

Company Information

Company Number
01293052
Registered Address
5th Floor Viaro House, 20-23 Holborn, London, England, EC1N 2JD
Status
Active
Employee Count
0
Turnover
£0
EBITDA
-£328,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 December 1976
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jun 2020 - 30 Jun 202030 Jul 20208100%0%0%0%
01 Jul 2019 - 31 Dec 201929 Jan 202010100%0%0%0%
01 Jul 2018 - 31 Dec 201829 Jan 20192394%6%0%6%
01 Jan 2018 - 30 Jun 201827 Jul 20189100%0%0%11%

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

The Company standard payment terms are 30 days from receipt of an invoice which is fully compliant with both the contract and Rockrose’s invoicing instructions. These instructions clearly set out email invoice receipt instructions, together with information to be provided on or with 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

30

Dispute Resolution Process

The Company is committed to dealing with its suppliers in a fair, honest and professional manner. We seek to resolve queries as quickly as possible to everyone’s satisfaction prior to payment being made. In the event of a dispute, discussions take place between the vendor and the operational department to agree the charges to be invoiced.

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

ROCKROSE UKCS 9 LIMITED is a leading energy company in the United Kingdom, with a focus on sustainability and responsible business practices. They have a strong commitment to reducing their environmental impact and promoting sustainable energy solutions.

The company offers a range of products and services, including exploration and production of oil and gas reserves, as well as renewable energy projects. They strive to continuously improve their operations and invest in innovative technologies to reduce their carbon footprint.

Key people at ROCKROSE UKCS 9 LIMITED include the CEO, Mr. Andrew Austin, who has over 30 years of experience in the energy industry, and the CFO, Ms. Fiona MacAulay, who has expertise in financial management and sustainability.

As part of their sustainability program, the company has set ambitious targets to reduce their greenhouse gas emissions and increase their use of renewable energy sources. They also actively engage with local communities and support various environmental initiatives.

The registered office address for ROCKROSE UKCS 9 LIMITED is 5th Floor, 94 Wigmore Street, London, W1U 3RF, United Kingdom. Their website address is www.rockroseenergy.com, where more information about their sustainability efforts and services can be found.

Financial Metrics

Cash
£757,000
Net Worth
£6,866,000
Total Current Assets
£9,065,000
Total Current Liabilities
£96,000

Company Location