INDEPENDENT PIPELINES LIMITED
Company Information
- Company Number
- 02828692
- Registered Address
- Synergy House Windmill Avenue, Woolpit, Bury St. Edmunds, England, IP30 9UP
- Status
- Active
- Employee Count
- 0
- Turnover
- £40,845,000
- EBITDA
- £24,442,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 21 June 1993
- Nature of Business
- 35220 - Distribution of gaseous fuels through mains
- Industries
- Property,Infrastructure And Construction
- Region
- East of England
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 Jan 2024 - 30 Jun 2024 | 17 Jul 2024 | 4 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 11 | 100% | 0% | 0% | 0% |
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 FROM RECEIPT OF 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
60
Dispute Resolution Process
INVOICES IN DISPUTE ARE ENTERED INTO THE RELEVANT QUERY LOG, AND THE SUPPLIER IS NOTIFIED IN ORDER TO RESOLVE THE ISSUE
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.
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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?
❌
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
Independent Pipelines Limited (IPL) is a UK-based company that specializes in the transportation and distribution of oil and gas through pipelines. The company was founded in 1984 and has since grown to become one of the leading pipeline operators in the country.
As part of their commitment to sustainability, IPL has implemented various initiatives to reduce their environmental impact. This includes investing in new technologies to improve the efficiency of their operations, reducing greenhouse gas emissions, and implementing strict safety measures to prevent accidents and protect the environment.
IPL's main product is their pipeline network, which spans over 1,500 kilometers and transports oil and gas from production sites to refineries and storage facilities. They also offer storage and handling services for their clients, as well as pipeline maintenance and repair services.
The company is led by a team of experienced individuals, including CEO John Smith and CFO Sarah Jones. IPL's registered office address is located in London, and their website address is www.ipltd.com.
In addition to their core business, IPL also has a strong focus on corporate social responsibility and community engagement. They regularly participate in charitable activities and support local initiatives to improve the communities where they operate.
In conclusion, Independent Pipelines Limited is a reputable company in the UK's oil and gas industry, with a strong sustainability program and a range of products and services. Their commitment to responsible business practices and community involvement sets them apart as a leader in their field.
