OMV SUPPLY & TRADING LIMITED
Company Information
- Company Number
- 02597025
- Registered Address
- 10 Bressenden Place, London, England, SW1E 5DH
- Status
- Active
- Employee Count
- 46
- Turnover
- £17,895,000
- EBITDA
- £17,273,000
Additional Details
- Website
- https://omv.com
- Company Type
- Private limited Company
- Incorporated On
- 2 April 1991
- Nature of Business
- 46120 - Agents involved in the sale of fuels, ores, metals and industrial chemicals46711 - Wholesale of petroleum and petroleum products46719 - Wholesale of other fuels and related products82990 - Other business support service activities not elsewhere classified
- Industries
- Distribution And Delivery, Energy
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment terms are agreed with suppliers as part of contract negotiations. The most commonly used terms are 30 days, but payment terms vary by commodity traded and geographical location and could be longer or shorter as mutually agreed. Once authorised, trade invoices are paid when contractually due through regular payment runs.
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
90
Dispute Resolution Process
The process for resolution of disputes involves discussion with our commercial & legal teams to review facts and circumstances and recommend resolutions.
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
Company Summary
OMV Supply & Trading Limited is a subsidiary of the Austrian oil and gas company OMV AG. It is responsible for the international trading and supply of energy products such as crude oil, natural gas, and refined products. The company operates in over 30 countries and has a strong presence in Europe, the Middle East, and Asia.
As part of its commitment to sustainability, OMV Supply & Trading Limited has implemented various initiatives to reduce its environmental impact. This includes promoting the use of renewable energy sources and reducing greenhouse gas emissions in its operations. The company also works closely with its suppliers and partners to ensure responsible and sustainable practices throughout its supply chain.
OMV Supply & Trading Limited offers a wide range of products and services to meet the diverse needs of its customers. These include physical and financial trading, risk management solutions, and logistics services. The company also provides storage and transportation services for its energy products.
The key people at OMV Supply & Trading Limited include CEO Dr. Reinhard Pichler and COO Dr. David Davies. They are supported by a team of experienced professionals who are dedicated to delivering high-quality and sustainable energy solutions to their customers.
For more information about OMV Supply & Trading Limited and its products and services, interested parties can visit their website at www.omv.com or contact their registered office at 1 Thames Quay, 193 Marsh Wall, London E14 9SG, United Kingdom.
