SHELL TUNISIA UPSTREAM LIMITED

PaymentCheck Score 2025
52Fair
4.8vs last year
#3483 in UK
#1303 in London

Company Information

Company Number
02750465
Registered Address
Shell Centre, London, United Kingdom, SE1 7NA
Status
Active
Employee Count
126
Turnover
£131,427,000
EBITDA
£25,220,000

Additional Details

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

Time to Pay

Average Time to Pay
44 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
50%
31-60 Days
39%
After 60 Days
11%
Not Paid Within Terms12%

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: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20254527%50%23%21%
01 Jul 2024 - 31 Dec 202428 Jan 20254450%39%11%12%
01 Jan 2024 - 30 Jun 202430 Jul 20245437%30%33%33%
01 Jul 2023 - 31 Dec 202330 Jan 20245246%13%41%44%
01 Jul 2022 - 31 Dec 202224 Jan 20238610%32%58%56%
01 Jan 2022 - 30 Jun 202228 Jul 2022839%30%61%62%
01 Jul 2021 - 31 Dec 202128 Jan 20225817%61%22%25%
01 Jan 2021 - 30 Jun 202127 Jul 20216621%46%33%33%
01 Jul 2019 - 31 Dec 201929 Jan 20204736%44%20%32%
01 Jan 2019 - 30 Jun 201926 Jul 20193951%34%15%26%
01 Jul 2018 - 31 Dec 201829 Jan 20194546%31%23%60%
01 Jan 2018 - 30 Jun 201827 Jul 20183254%34%11%57%

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

Shell standard terms are 60 days from receipt of a correctly presented invoice. For suppliers confirmed as SMEs 30-day payment terms are available. Invoice receipt is defined as a complete, fiscally correct invoice delivered at the remittance address specified in the contract / agreement / purchase order. For electronic invoices, invoice receipt is when the invoice data is received within the Shell system.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

The reported data includes intragroup payments. Shell is committed to treating our suppliers fairly and continues to monitor and improve our payment processes to support timely payment of suppliers.

Maximum contractual payment period agreed

60

Dispute Resolution Process

A centralised point of contact for suppliers’ enquiries is in place via Shell Accounts Payable Helpdesk. This team supports with questions related to but not limited to; payment due dates, incorrect invoice submission, wrong or missing PO details etc. Shell seeks to advise suppliers promptly of any disputes or reasons why an invoice will not be paid in accordance with the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute. Once resolved, payment will be made in accordance with the terms of the contract.

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

SHELL TUNISIA UPSTREAM LIMITED is a subsidiary of the multinational oil and gas company, Shell. It operates in Tunisia, exploring and producing oil and gas resources in the country. The company has a strong focus on sustainability and is committed to minimizing its impact on the environment.

In terms of its sustainability program, Shell Tunisia Upstream Limited has implemented measures to reduce greenhouse gas emissions, manage water resources, and protect biodiversity. The company also supports social and economic development in the communities where it operates, through various initiatives such as education and healthcare programs.

The company's main products and services include the exploration and production of oil and gas, as well as the development of renewable energy sources. Shell Tunisia Upstream Limited also provides technical expertise and support to the Tunisian government in the development of the country's energy sector.

The key people at Shell Tunisia Upstream Limited include the Managing Director, who oversees the overall operations of the company, and the Vice President of Sustainability, who leads the company's sustainability efforts. The company also has a team of experienced professionals in various fields such as engineering, project management, and environmental sustainability.

For more information on Shell Tunisia Upstream Limited and its operations, interested parties can visit the company's website at www.shell.com/tunisia. The registered office address of the company is Shell Tunisia Upstream Limited, 8 Rue de l'Industrie, Tunis 2036, Tunisia.

Financial Metrics

Cash
£311,327,727
Net Worth
£805,519,528
Total Current Assets
£1,138,390,878
Total Current Liabilities
£608,759,602

Company Location