KUWAIT PETROLEUM INTERNATIONAL LIMITED
Company Information
- Company Number
- 01734259
- Registered Address
- Dukes Court, Duke Street, Woking, Surrey, GU21 5BH
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 June 1983
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
KUWAIT PETROLEUM INTERNATIONAL LIMITED demonstrates a strong trend of prompt payments, with an impressive average of 18 days and 92% of invoices settled within 30 days. This indicates a consistent trajectory towards rapid settlement, positioning them as a fast-paying entity.
Volatility Analysis
Payment reliability is high, as evidenced by the significant majority (92%) being paid within 30 days, suggesting predictable cash flow for suppliers. While 21% of payments are technically late, the low percentage (2%) extending beyond 60 days indicates minimal risk of prolonged delays, maintaining overall payment predictability.
Summary Analysis
Overall, KUWAIT PETROLEUM INTERNATIONAL LIMITED presents as a highly favorable payment partner due to its consistently fast average payment time and high settlement rate within 30 days. Suppliers can expect reliable and quick remuneration; however, monitoring the 21% late payment rate, while not indicative of severe delay, could be a minor mitigation step to ensure adherence to strict due dates.
Performance Reports History
| 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 Apr 2025 - 30 Sept 2025 | 24 Oct 2025 | 18 | 92% | 6% | 2% | 21% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 22 | 80% | 14% | 6% | 29% |
| 01 Apr 2024 - 30 Sept 2024 | 27 Nov 2024 | 27 | 74% | 19% | 7% | 35% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 27 | 71% | 17% | 12% | 35% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 19 | 75% | 21% | 4% | 35% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 25 | 82% | 5% | 13% | 20% |
| 01 Apr 2022 - 30 Sept 2022 | 24 Oct 2022 | 20 | 80% | 12% | 8% | 19% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 21 | 81% | 13% | 6% | 26% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 17 | 92% | 6% | 2% | 12% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 21 | 88% | 7% | 5% | 18% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 9 | 85% | 7% | 8% | 13% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 18 | 90% | 8% | 2% | 21% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 15 | 94% | 4% | 2% | 13% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 24 | 84% | 14% | 2% | 16% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 21 | 88% | 8% | 4% | 14% |
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 the later of; 14 days from receipt of a supplier invoice, or the supplier invoice terms. This allows for us to maintain the process of invoice approval before payment. We carry out a weekly payment run.
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
37
Dispute Resolution Process
Any complaints or disputes relating to supplier invoices are initially raised with our Accounts Payable Department who will refer the invoice to the relevant individual responsible for invoice approval. If the issue is not resolved, it will be escalated to the Commercial Finance Manager and, if necessary, ultimately to the Finance Director for final resolution
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.
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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.
❌
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
KUWAIT PETROLEUM INTERNATIONAL LIMITED is an active private limited company
Its name signifies its involvement in the international petroleum sector
The company was incorporated on 24 June 1983 and holds company number 01734259
It is registered in the South East of England, with its registered office located at Dukes Court, Duke Street, Woking, Surrey, GU21 5BH
As a private limited company operating within the petroleum industry, organisations of this type in the UK market typically specialise in the exploration, extraction, refining, or distribution of oil and gas products
This can include the supply of fuels, lubricants, and petrochemicals to commercial and retail customers
