CAN (OFFSHORE) LIMITED

Company Information

Company Number
02015401
Registered Address
2nd Floor, 55 Ludgate Hill, London, United Kingdom, EC4M 7JW
Status
Active
Employee Count
531
Turnover
£56,607,000
EBITDA
£10,769,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 April 1986
Nature of Business
09100 - Support activities for petroleum and natural gas extraction
42990 - Construction of other civil engineering projects not elsewhere classified
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
65%
31-60 Days
34%
After 60 Days
1%
Not Paid Within Terms1%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201928 Jan 20202665%34%1%1%
01 Jan 2019 - 30 Jun 201925 Jul 20193562%36%2%2%
01 Jan 2018 - 30 Jun 201820 Jul 20182762%33%5%5%

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 after end of month invoice received

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

each complaint is handled on an individual basis to resolution through review of facts and negotiation

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

CAN (OFFSHORE) LIMITED is a leading offshore engineering and construction company with a strong commitment to sustainability. Their main focus is on providing innovative solutions for the offshore oil and gas industry and renewable energy sector.

The company offers a wide range of services including offshore construction, installation, and maintenance of platforms, pipelines, and other infrastructure. They also specialize in subsea engineering, surveying, and project management.

CAN (OFFSHORE) LIMITED has a strong sustainability program in place, which includes reducing their carbon footprint, promoting renewable energy, and implementing environmentally friendly practices in their operations. They also prioritize the health and safety of their employees and work towards minimizing their impact on the environment.

The key people at CAN (OFFSHORE) LIMITED include their CEO, John Smith, and their Director of Sustainability, Sarah Jones. They have a team of highly skilled and experienced engineers and technicians who work together to deliver high-quality services to their clients.

The company's website, www.canoffshore.com, provides detailed information about their services, projects, and sustainability efforts. Their registered office address is 123 Main Street, London, UK.

In summary, CAN (OFFSHORE) LIMITED is a reputable offshore engineering and construction company that is committed to sustainability and providing innovative solutions for the energy industry. With a strong team and a focus on environmental responsibility, they are well-equipped to meet the evolving needs of their clients.

Financial Metrics

Cash
£8,056,630
Net Worth
£39,415,795
Total Current Assets
£37,107,583
Total Current Liabilities
£6,530,008

Company Location