Score of 86.45/100 qualifies for PaymentCheck Certification
| 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 2020 - 31 Dec 2020 | 01 Feb 2021 | 30 | 90% | 9% | 1% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 31 | 86% | 12% | 2% | 14% |
| 01 Jul 2019 - 31 Dec 2019 | 02 Jun 2020 | 30 | 90% | 7% | 3% | 10% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 31 | 91% | 7% | 2% | 9% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from receipt of correctly prepared and adequately supported invoice/payment request
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
Supplier to contact Accounts Payable Department (e-mail or telephone) in the first instance and they will escalate appropriately
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Chrysaor (U.K.) Britannia Limited is a UK-registered company incorporated in 1994. It was previously named Kitavale Limited, then Britannia Operator Limited, and later ConocoPhillips (U.K.) Britannia Limited, before taking its current name in 2019. Its registered nature of business covers extraction of crude petroleum and natural gas. Companies House filings show it has been dormant in recent years, with accounts filed as those of a dormant company. It is controlled by Chrysaor Production (U.K.) Limited, indicating it operates as part of a wider oil and gas group rather than as an independently trading operator. No further detail on current operational activity is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk