ENI OIL ALGERIA LIMITED
Company Information
- Company Number
- 02274210
- Registered Address
- Eni House, 10 Ebury Bridge Road, London, SW1W 8PZ
- Status
- Active
- Employee Count
- 0
- Turnover
- £3,922,000
- EBITDA
- £1,229,000
Additional Details
- Website
- https://lasmo.com
- Company Type
- Private limited Company
- Incorporated On
- 5 July 1988
- Nature of Business
- 06100 - Extraction of crude petroleum06200 - Extraction of natural gas
- Industries
- Energy
- Region
- London
Company Review
Trend Analysis
The data for ENI OIL ALGERIA LIMITED shows a consistent trend of the company taking longer to pay invoices over the past three periods. From 2018-2021, the average time to pay has increased by 5.1%, with the percentage of invoices paid later than 60 days also increasing by 5.1%. This trend suggests that the company may be facing financial difficulties or inefficient payment processes.
Volatility Analysis
The volatility of ENI OIL ALGERIA LIMITED's payment patterns can be seen in the fluctuation of the percentage of invoices paid within 30 days. In 2019, this percentage was at its lowest at 78.3%, but in 2021, it increased to 85.6%. However, the percentage of invoices paid later than 60 days has consistently increased by 5.1% over the past three periods.
Summary Analysis
From 2018 to 2021, ENI OIL ALGERIA LIMITED's average time to pay has increased by 5.1%, and the percentage of invoices paid later than 60 days has also increased by 5.1%. The company has also shown inconsistency in paying invoices within 30 days, with a low of 78.3% in 2019 and a high of 85.6% in 2021.
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 | 29 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 19 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
ENI OIL ALGERIA LIMITED is a subsidiary of the Italian multinational company ENI, operating in the oil and gas industry in Algeria. The company's main activities include exploration, production, and marketing of natural gas and crude oil.
As part of its sustainability program, ENI OIL ALGERIA LIMITED is committed to reducing its environmental impact and promoting responsible energy production. The company has implemented various initiatives to reduce greenhouse gas emissions and improve energy efficiency in its operations. It also invests in renewable energy projects and supports local communities through social and environmental projects.
The company's main products and services include natural gas production and export, as well as crude oil production and refining. ENI OIL ALGERIA LIMITED is a major supplier of natural gas to Europe, and its oil production is used for both domestic consumption and export.
The key people at ENI OIL ALGERIA LIMITED include the Chairman and CEO, Mr. Claudio Descalzi, who has been with the company for over 40 years and has a strong background in the oil and gas industry. The company also has a dedicated team of professionals who oversee its operations in Algeria.
For further information, the company can be contacted through its website at www.eni.com or through its registered office address at ENI OIL ALGERIA LIMITED, BP 185, El-Biar, Algiers, Algeria.
