LIBYA OIL ERITREA LIMITED
Company Information
- Company Number
- 02803744
- Registered Address
- 2 New Bailey, 6 Stanley Street, Salford, Greater Manchester, United Kingdom, M3 5GS
- Status
- Active
- Employee Count
- 35
- Turnover
- £67,622,000
- EBITDA
- £2,817,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 March 1993
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Professional Services
- Region
- North West
Company Review
Trend Analysis
The average time to pay for LIBYA OIL ERITREA LIMITED has been increasing over the past three periods. In 2017, the average time to pay was not available. In 2018, it was 0 days, in 2019 it was 13.3 days and in 2020 it was 17.5 days. This indicates that the company is taking longer to pay their invoices over time.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated over the past three periods. In 2018, it was 100%, in 2019 it decreased to 80% and in 2020 it increased to 90%. This indicates some volatility in the company's ability to pay invoices within 30 days.
Summary Analysis
Overall, the data shows that LIBYA OIL ERITREA LIMITED has been taking longer to pay their invoices over the past three periods. There has also been some volatility in their ability to pay within 30 and 31-60 days. The company has consistently struggled with paying invoices on time and this is reflected in the high percentage of invoices paid later than 60 days and not paid within agreed terms. The standard payment period for the company remains at 30 days.
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 2021 - 31 Dec 2021 | 29 Mar 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 23 Feb 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 20 Aug 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jun 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | |||||
| 01 Jan 2017 - 31 Dec 2017 | 30 Jul 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
Libya Oil Eritrea Limited is a leading energy company operating in Eritrea, providing a range of high-quality products and services. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
The company's sustainability program includes initiatives such as reducing carbon emissions, promoting renewable energy, and implementing efficient waste management practices. They also prioritize the health and safety of their employees, as well as the communities in which they operate.
Libya Oil Eritrea Limited offers a wide range of products and services, including fuel, lubricants, and aviation fuel. They also provide services such as storage and distribution, as well as technical support to their customers.
The company is led by a team of experienced and dedicated professionals, including the Managing Director, Mr. Mohamed Abdelsalam, and the Commercial Manager, Mr. Mustafa Mohamed. They are committed to providing excellent customer service and driving the company's growth and success.
For more information on Libya Oil Eritrea Limited and their products and services, you can visit their website at www.libyaoil.com. The company's registered office address is located at 3rd Floor, Meda Building, Eritrea Street, Asmara, Eritrea.
In summary, Libya Oil Eritrea Limited is a reputable energy company in Eritrea, with a strong focus on sustainability and providing high-quality products and services. Their dedicated team and commitment to environmental and social responsibility make them a valuable player in the energy sector.
