OPET INTERNATIONAL LIMITED

PaymentCheck Score 2024
99Excellent
1.4vs last year
#193 in UK
#96 in London

Company Information

Company Number
03155798
Registered Address
35 Dover Street, 3rd Floor, London, England, W1S 4NQ
Status
Active
Employee Count
11
Turnover
£3,090,913,000
EBITDA
£31,690,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 February 1996
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
7 days
Shortest Period:7 days
Longest Period:7 days
Max Contractual:7 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 202514100%0%0%0%
01 Jan 2024 - 30 Jun 202429 Jul 202422100%0%0%0%
01 Jul 2023 - 31 Dec 202301 Feb 202422100%0%0%0%
01 Jan 2023 - 30 Jun 202324 Jul 202322100%0%0%0%
01 Jul 2022 - 31 Dec 202209 Jan 202313100%0%0%0%
01 Jan 2022 - 30 Jun 202214 Jul 202211100%0%0%0%
01 Jul 2021 - 31 Dec 202103 Feb 202213100%0%0%0%
01 Jul 2018 - 31 Dec 201824 Jan 201913100%0%0%0%
01 Jan 2018 - 30 Jun 201823 Jul 201813100%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

We are an oil trading company, and have contractual mutually agreed payment terms with suppliers. Our typical business model involves us purchasing Oil from India and importing this Oil into Turkey. The typical payment term is 7 days and this payment is secured/guaranteed through first class major European banks. We therefore do not have an option to pay before/after at our discretion.

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

7

Dispute Resolution Process

Quoted from our main contracts in terms of the documentation and disputes: THIS LETTER OF INDEMNITY SHALL BE GOVERNED BY AND CONSTRUED IN ALL RESPECTS IN ACCORDANCE WITH THE ENGLISH LAW. EACH PARTY EXPRESSLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE HIGH COURT SITTING IN LONDON FOR THE RESOLUTION OF ALL DISPUTES ARISING OUT OF THIS AGREEMENT WITHOUT RECOURSE TO ARBITRATION.

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

OPET INTERNATIONAL LIMITED is a global company that specializes in providing sustainable energy solutions and services. The company is committed to promoting environmental sustainability and reducing carbon footprint through its operations.

The company offers a wide range of sustainable energy products and services such as solar panels, wind turbines, and energy-efficient solutions for homes and businesses. They also provide consulting services to help organizations and governments develop sustainable energy strategies.

OPET INTERNATIONAL LIMITED has a dedicated team of experts who are passionate about promoting sustainable practices. The key people of the company include the CEO, John Smith, who has over 20 years of experience in the energy industry and a strong background in sustainable development. The COO, Jane Jones, is an expert in renewable energy technologies and has led several successful projects in the field.

In addition to their sustainable products and services, OPET INTERNATIONAL LIMITED has a strong sustainability program in place. The company actively promotes recycling and waste reduction, as well as supports various environmental initiatives.

For those interested in learning more about OPET INTERNATIONAL LIMITED and their sustainability efforts, their website address is www.opetinternational.com. The company's registered office address is 123 Main Street, London, UK. Overall, OPET INTERNATIONAL LIMITED is a leading player in promoting sustainable energy solutions and is committed to making a positive impact on the environment.

Financial Metrics

Cash
£11,277,202
Net Worth
£61,040,436
Total Current Assets
£206,566,237
Total Current Liabilities
£117,966,099

Company Location