ENQUEST HEATHER LIMITED

PaymentCheck Score 2024
91Excellent
0.8vs last year
#961 in UK
#452 in London

Company Information

Company Number
02748866
Registered Address
Charles House, 2nd Floor, 5-11 Regent Street, London, United Kingdom, SW1Y 4LR
Status
Active
Employee Count
0
Turnover
£845,033,000
EBITDA
£64,854,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 September 1992
Nature of Business
06100 - Extraction of crude petroleum
Industries
Energy
Region
London

Time to Pay

Average Time to Pay
29 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
88%
31-60 Days
11%
After 60 Days
1%
Not Paid Within Terms0%

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: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202429 Jan 20252893%6%1%6%
01 Jan 2024 - 30 Jun 202429 Jul 20242993%5%2%5%
01 Jan 2023 - 30 Jun 202301 Aug 20232892%7%1%9%
01 Jun 2022 - 31 Dec 202212 Jun 20232987%1%12%12%
01 Jul 2021 - 31 Dec 202131 Jan 20222987%12%1%13%
01 Jan 2021 - 30 Jun 202129 Jul 20213084%14%2%14%
01 Jan 2020 - 30 Jun 202030 Jul 20203184%14%2%16%
01 Jul 2018 - 31 Dec 201825 Jan 20193182%15%3%17%
01 Jan 2018 - 30 Jun 201827 Jul 20183086%12%2%15%

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

30 Days. Subject to EnQuest approval process, payment will be effected in the currency stated in the invoice within thirty (30) days from the date of receipt of a valid invoice.

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

For disputes, suppliers could contact the contracts representative and escalate it to the Supply Chain Manager and Managing Director respectively, if not resolved in the first instance. If still unresolved even after escalation, which is very unlikely, they may choose to take it to court.

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

ENQUEST HEATHER LIMITED is an oil and gas exploration and production company based in the United Kingdom. The company is committed to sustainability and strives to minimize its environmental impact through responsible operations and investment in renewable energy.

The company's main focus is on the development, production, and operation of oil and gas fields in the North Sea. They also have a portfolio of assets in Malaysia and Indonesia. ENQUEST HEATHER LIMITED is constantly seeking new opportunities for growth and expansion in the energy sector.

One of the key people at ENQUEST HEATHER LIMITED is the CEO, Amjad Bseisu, who has over 30 years of experience in the oil and gas industry. The company also has a highly skilled and experienced team of engineers, geologists, and project managers.

In terms of sustainability, ENQUEST HEATHER LIMITED has a comprehensive program in place to reduce their carbon footprint and promote environmental conservation. They have implemented measures to reduce emissions, minimize waste, and conserve energy. The company also has a strong commitment to the health and safety of their employees and the communities in which they operate.

The products and services offered by ENQUEST HEATHER LIMITED include oil and gas exploration, development, and production. They also offer oilfield services such as drilling, well maintenance, and production optimization. The company's aim is to provide reliable and sustainable energy while adhering to the highest industry standards.

ENQUEST HEATHER LIMITED's registered office address is 5th Floor, Cunard House, 15 Regent Street, London, SW1Y 4LR, UK. Their website address is www.enquest.com, where interested parties can find more information about the company, their operations, and sustainability efforts.

Financial Metrics

Cash
£205,504,972
Net Worth
£223,029,837
Total Current Assets
£476,374,221
Total Current Liabilities
£1,811,814,506

Company Location