TOTALENERGIES GAS POWER LIMITED
Company Information
- Company Number
- 02172239
- Registered Address
- Bridge Gate, 55 - 57 High Street, Redhill, Surrey, RH1 1RX
- Status
- Active
- Employee Count
- 744.0
- Turnover
- 7185000000.0
- EBITDA
- 4447000000.0
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
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 15 | 99% | 1% | 0% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 15 | 98% | 1% | 1% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 14 | 98% | 1% | 1% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 14 | 98% | 1% | 1% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 15 | 98% | 1% | 1% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 15 | 98% | 1% | 1% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 15 | 96% | 3% | 1% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 11 | 96% | 3% | 1% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Mar 2020 | 11 | 96% | 3% | 1% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 11 | 97% | 3% | 1% | 7% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 8 | 96% | 3% | 1% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 9 | 96% | 3% | 1% | 11% |
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
Company Review
Trend Analysis
The average time taken for TOTALENERGIES GAS & POWER LIMITED to pay invoices has remained consistent at around 11-15 days over the past three periods.
Volatility Analysis
The average time taken to pay invoices has remained relatively stable, with only a 1-2 day difference between the lowest and highest averages.
Summary Analysis
From 2018-2023, TOTALENERGIES GAS & POWER LIMITED has consistently paid invoices within an average of 11-15 days.
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
Any other information about payment terms
N/A
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available