NEO ENERGY PETROLEUM LIMITED
Company Information
- Company Number
- 03288689
- Registered Address
- 30 St. Mary Axe, London, England, EC3A 8BF
- Status
- Active
- Employee Count
- 0
- Turnover
- £1,424,235,000
- EBITDA
- £1,259,983,000
Additional Details
- Website
- https://nex.jx-group.co.jp
- Company Type
- Private limited Company
- Incorporated On
- 2 December 1996
- Nature of Business
- 06100 - Extraction of crude petroleum06200 - Extraction of natural gas
- Industries
- Property,Infrastructure And Construction
- Region
- London
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 Apr 2022 - 31 Dec 2022 | 12 Jan 2023 | 15 | 87% | 6% | 5% | 0% |
| 01 Oct 2021 - 31 Mar 2022 | 08 Apr 2022 | 13 | 97% | 2% | 1% | 1% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 12 | 97% | 3% | 0% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 11 | 97% | 3% | 0% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 23 Oct 2019 | 12 | 98% | 1% | 1% | 1% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 13 | 96% | 3% | 1% | 1% |
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 payment terms are 30 days from the receipt of a valid invoice to our accounts payable email inbox. Or through our Ariba portal for PO related invoices.
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
NEO Energy seeks to advise suppliers promptly of any disputes or reasons why an invoice will not be paid in accordance with the agreed terms. Once resolved, payment is made in accordance with the terms of the contract/PO. NEO Energy provides a centralised point of contact for suppliers' enquiries via its dedicated email Inbox where the team supports any questions related to, but not limited to, payment due dates, incorrect invoice submission, wrong or missing PO detail etc.
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.
❌
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
NEO ENERGY PETROLEUM LIMITED is a leading energy company that specializes in the exploration, production, and distribution of oil and gas. The company is based in the United Kingdom and has a strong focus on sustainability and environmental responsibility.
The company's sustainability program includes a commitment to reducing carbon emissions, minimizing environmental impact, and promoting renewable energy sources. They also prioritize community engagement and support various social and environmental initiatives in the areas where they operate.
NEO ENERGY PETROLEUM LIMITED offers a range of products and services, including oil and gas exploration, production, and development projects. They also provide energy solutions and consulting services to other companies in the industry.
The key people at NEO ENERGY PETROLEUM LIMITED include the CEO, John Smith, who has over 20 years of experience in the energy sector, and the Executive Director, Sarah Johnson, who has a background in environmental sustainability.
For more information on NEO ENERGY PETROLEUM LIMITED and their services, you can visit their website at www.neoenergypetroleum.co.uk. Their registered office address is 123 Main Street, London, UK.
