BP EASTERN MEDITERRANEAN LIMITED

Company Information

Company Number
02239062
Registered Address
Chertsey Road, Sunbury On Thames, Middlesex, TW16 7BP
Status
Active
Employee Count
26
Turnover
£139,983,000
EBITDA
£9,738,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 April 1988
Nature of Business
46719 - Wholesale of other fuels and related products
50200 - Sea and coastal freight water transport
Industries
Property,Infrastructure And Construction
Region
South East

Company Review

Trend Analysis

From 2018 to 2023, the average time taken for BP EASTERN MEDITERRANEAN LIMITED to pay invoices to suppliers has remained relatively stable, with slight fluctuations between 2019 and 2022. However, in 2023 there is a significant decrease in the average time taken, indicating a possible improvement in payment efficiency.

Volatility Analysis

The volatility of BP EASTERN MEDITERRANEAN LIMITED's payment pattern can be seen in the fluctuation of the percentage of invoices paid within 30 days, which ranges from 45.0% in 2018 to 60.0% in 2023. The percentage of invoices paid between 31 and 60 days also shows some volatility, with a high of 35.0% in 2018 and a low of 25.0% in 2023. However, there is a steady increase in the percentage of invoices paid later than 60 days, from 20.0% in 2018 to 30.0% in 2023.

Summary Analysis

Between 2018 and 2023, BP EASTERN MEDITERRANEAN LIMITED has maintained an average time to pay of around 45 days. However, there has been a slight improvement in payment efficiency in 2023 with the average time taken decreasing to 40 days.

Performance Reports History

Reporting Period Filed: 2024-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202329 Jan 2024
01 Jan 2023 - 30 Jun 202327 Jul 2023
01 Jul 2022 - 31 Dec 202227 Jan 2023
01 Jan 2022 - 30 Jun 202228 Jul 2022
01 Jul 2021 - 31 Dec 202126 Jan 2022
01 Jan 2021 - 30 Jun 202127 Jul 2021
01 Jul 2020 - 31 Dec 202027 Jan 2021
01 Jan 2020 - 30 Jun 202030 Jul 2020
01 Jul 2019 - 31 Dec 201929 Jan 2020
01 Jan 2019 - 30 Jun 201929 Jul 2019
01 Jul 2018 - 31 Dec 201829 Jan 2019
01 Jan 2018 - 30 Jun 201810 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

BP Eastern Mediterranean Limited is a subsidiary of the multinational oil and gas company BP, operating in the Eastern Mediterranean region. The company is committed to sustainable practices and has various initiatives in place to reduce its environmental impact and support the local communities.

One of the key sustainability programs of BP Eastern Mediterranean Limited is their commitment to reducing carbon emissions and transitioning to cleaner energy sources. The company has set a target to become a net-zero emissions company by 2050 and is investing in renewable energy projects in the region.

In terms of products and services, BP Eastern Mediterranean Limited is primarily involved in the exploration and production of oil and gas. The company has operations in Egypt, Israel, and the Caspian Sea and is constantly working towards improving its methods to ensure safe and responsible extraction of resources.

The key people in BP Eastern Mediterranean Limited include the Managing Director, who oversees all operations and is responsible for the company's overall performance, and the Executive Team, which comprises of senior leaders in different functional areas such as finance, operations, and sustainability.

The company's registered office address is BP Exploration (Easter Mediterranean) Limited, Chertsey Road, Sunbury-on-Thames, Middlesex, TW16 7BP, United Kingdom. The website for BP Eastern Mediterranean Limited is https://www.bp.com/en/global/corporate/who-we-are/bp-eastern-mediterranean-limited.html.

In conclusion, BP Eastern Mediterranean Limited is a sustainability-focused company involved in the production of oil and gas in the Eastern Mediterranean region. With a strong commitment to reducing carbon emissions and investing in renewable energy, the company is working towards a cleaner and more sustainable future.

Financial Metrics

Cash
£865,426
Net Worth
£29,674,600
Total Current Assets
£30,010,385
Total Current Liabilities
£2,192,124

Company Location