TOTALENERGIES GAS & POWER LIMITED

PaymentCheck Score 2025
99Excellent
0.3vs last year
#171 in UK
#15 in Property
#35 in South East

Company Information

Company Number
02172239
Registered Address
Bridge Gate, 55 - 57 High Street, Redhill, Surrey, RH1 1RX
Status
Active
Employee Count
744
Turnover
£7,185,000,000
EBITDA
£4,447,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 September 1987
Nature of Business
35130 - Distribution of electricity
35140 - Trade of electricity
35220 - Distribution of gaseous fuels through mains
35230 - Trade of gas through mains
Industries
Property,Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
15 days
Shortest Period:5 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
97%
31-60 Days
2%
After 60 Days
1%
Not Paid Within Terms4%

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: 2024-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20251499%1%0%5%
01 Jul 2024 - 31 Dec 202419 Feb 20251498%1%1%4%
01 Jul 2023 - 31 Dec 202331 Jan 20241599%1%0%3%
01 Jan 2023 - 30 Jun 202326 Jul 20231598%1%1%3%
01 Jan 2022 - 30 Jun 202219 Jul 20221498%1%1%2%
01 Jan 2020 - 30 Jun 202028 Jul 20201196%3%1%7%
01 Jul 2019 - 31 Dec 201904 Mar 20201196%3%1%9%
01 Jan 2019 - 30 Jun 201925 Jul 20191197%3%1%7%
01 Jul 2018 - 31 Dec 201828 Jan 2019896%3%1%8%
01 Jan 2018 - 30 Jun 201826 Jul 2018996%3%1%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 standard payment terms for the marketing division of TotalEnergies Gas and Power Limited varies across the portfolio of energy and power products, with terms ranging from 5 to 30 days, in line with applicable market regulations and/or industry practice. Standard payment terms for corporate and overhead costs are 30 days, with settlement of supplier invoices occurring in batches, on a weekly basis at a minimum.

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

TotalEnergies Gas & Power Ltd firstly seeks to settle disputes by reference to the underlying contractual dispute resolution terms. Where this is not possible, TotalEnergies Gas & Power Ltd will aim to resolve the dispute through mediation with their counterpart. This process is driven by the back office of the relevant desk to which the contract applies. Where necessary, outstanding disputes are escalated to the Head of Department and Senior Management.

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

TOTALENERGIES GAS & POWER LIMITED is a leading company in the energy sector, providing sustainable solutions to meet the growing demand for energy while minimizing the impact on the environment. The company operates in over 130 countries and offers a wide range of products and services to its customers.

One of the key activities of TOTALENERGIES GAS & POWER LIMITED is the production and distribution of natural gas, which is a cleaner and more efficient source of energy compared to traditional fossil fuels. The company also offers electricity and renewable energy solutions, such as solar and wind power, to help reduce carbon emissions.

In addition to its energy products, TOTALENERGIES GAS & POWER LIMITED has a strong focus on sustainability, with a dedicated sustainability program aimed at reducing its environmental footprint. The company has set ambitious targets to reduce its carbon emissions, increase energy efficiency, and promote sustainable practices throughout its operations.

The key people at TOTALENERGIES GAS & POWER LIMITED include the CEO, Patrick Pouyanné, and the Chairman of the Board of Directors, Thierry Desmarest. They are both experienced leaders in the energy industry and are committed to driving the company's sustainable growth.

For those looking to contact TOTALENERGIES GAS & POWER LIMITED, the company's website address is www.totalenergies.com and their registered office is located at 2 Place Jean Millier, La Défense 6, 92400 Courbevoie, France. The company also has regional offices and contact information available on their website for specific inquiries.

Financial Metrics

Cash
£668,524,000
Net Worth
£5,277,743,000
Total Current Assets
£42,402,126,000
Total Current Liabilities
£37,150,506,000

Company Location