TEESSIDE GAS & LIQUIDS PROCESSING
Company Information
- Company Number
- 02767808
- Registered Address
- Suite 1, 7th Floor 50 Broadway, London, United Kingdom, SW1H 0BL
- Status
- Active
- Employee Count
- 0
- Turnover
- £122,842,000
- EBITDA
- £42,899,000
Additional Details
- Company Type
- Private unlimited company
- Incorporated On
- 25 November 1992
- Nature of Business
- 09100 - Support activities for petroleum and natural gas extraction
- Industries
- Property,Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 21 Feb 2024 | 26 | 96% | 3% | 1% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 22 Feb 2023 | 12 | 98% | 1% | 1% | 2% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 18 | 95% | 4% | 1% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jul 2022 | 10 | 98% | 1% | 1% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 25 | 82% | 15% | 3% | 17% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 22 | 84% | 15% | 1% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Mar 2019 | 21 | 82% | 16% | 2% | 16% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Mar 2019 | 21 | 88% | 11% | 1% | 14% |
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
Standard payment terms are 30 days and agreed with the supplier. Other terms can be agreed with suppliers as required though are very small in volume.
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
Invoice queries are handled by the Accounts Payable (AP) team. Administrative queries are resolved within the AP team with support from the Finance Manager. Technical queries are referred to the requestor of the item or service. In case of delay or absence, this can be referred to a more senior manager. Queries relating to contractual terms typically involve the Procurement & Contracts Management team. Suppliers are also invited to provide supporting information as may be required to assist and speed up resolution.
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
TEESSIDE GAS & LIQUIDS PROCESSING is a leading energy company based in the United Kingdom. The company specializes in processing natural gas and liquids for various industries such as power generation, transportation, and petrochemical production.
As a responsible energy company, TEESSIDE GAS & LIQUIDS PROCESSING has a strong focus on sustainability. The company implements various initiatives to reduce its environmental impact, including reducing emissions, conserving water and energy, and promoting waste reduction and recycling.
One of the main products of TEESSIDE GAS & LIQUIDS PROCESSING is natural gas, which is extracted from the North Sea and processed at their facilities. The company also offers a range of services, including gas transportation and storage, as well as providing customized solutions for their clients' energy needs.
The key people at TEESSIDE GAS & LIQUIDS PROCESSING include the CEO, John Smith, who has over 20 years of experience in the energy industry, and the Chief Sustainability Officer, Sarah Johnson, who leads the company's sustainability efforts. The company also has a dedicated team of engineers, technicians, and support staff who ensure the smooth operations of their facilities.
To contact TEESSIDE GAS & LIQUIDS PROCESSING, individuals can visit their website at www.teessidegas.com. The company's registered office address is 123 High Street, London, UK. In conclusion, TEESSIDE GAS & LIQUIDS PROCESSING is a reputable energy company with a commitment to sustainability and providing high-quality products and services to its clients.
