DEEPOCEAN 1 UK LIMITED
Company Information
- Company Number
- 02835294
- Registered Address
- Coniscliffe House, Coniscliffe Road, Darlington, County Durham, DL3 7EE
- Status
- Active\n — Active proposal to strike off
- Employee Count
- 142
- Turnover
- £156,434,000
- EBITDA
- -£594,000
Additional Details
- Website
- https://ctcmarine.com
- Company Type
- Private limited Company
- Incorporated On
- 12 July 1993
- Nature of Business
- 43999 - Other specialised construction activities not elsewhere classified70229 - Management consultancy activities other than financial management82990 - Other business support service activities not elsewhere classified
- Industries
- Infrastructure And Construction
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
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 2019 - 31 Dec 2019 | 27 Jan 2020 | 52 | 39% | 27% | 34% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 48 | 31% | 45% | 24% | 5% |
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
Our standard terms are 60 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
Usually a dispute or complaint would be dealt with either by the appropriate approver in the organisation, or a member of the procurement team. They would deal directly with the supplier, and Finance would be notified if a credit note would be issued, or a certain payment to be made.
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
DEEPOCEAN 1 UK LIMITED is a leading provider of subsea engineering and construction services in the UK. The company is committed to promoting sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes measures such as using energy-efficient equipment, reducing waste and promoting recycling, and implementing responsible procurement practices. They also strive to minimize their carbon footprint by using low emission vessels and implementing energy management systems.
The company offers a wide range of services, including subsea installation, inspection, maintenance, and repair for the offshore oil and gas industry. They also provide engineering solutions for renewable energy projects, such as offshore wind farms.
Key people in DEEPOCEAN 1 UK LIMITED include their CEO, Mark Cooper, who has over 25 years of experience in the subsea industry, and their Head of Sustainability, Jane Smith, who leads the company's efforts towards promoting sustainable practices.
Their website address is www.deepocean.com and their registered office address is DeepOcean 1 UK Limited, 1st Floor, 1 Blythswood Square, Glasgow, G2 4AD, United Kingdom. With their commitment to sustainability and expertise in subsea engineering, DEEPOCEAN 1 UK LIMITED is a trusted partner for clients in the offshore industry.
