E. F. OIL AND GAS LIMITED

PaymentCheck Score 2025
90Good
0.5vs last year
#906 in UK
#65 in Property
#424 in London

Company Information

Company Number
03430228
Registered Address
19th Floor 10 Upper Bank Street, Canary Wharf, London, England, E14 5BF
Status
Active
Employee Count
0
Turnover
£518,571,000
EBITDA
£487,515,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 September 1997
Nature of Business
06100 - Extraction of crude petroleum
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
32 days
Shortest Period:10 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
92%
31-60 Days
6%
After 60 Days
2%
Not Paid Within Terms8%

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: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20253194%4%2%6%
01 Jul 2024 - 31 Dec 202428 Jan 20253292%6%2%8%
01 Jan 2024 - 30 Jun 202412 Jul 20243195%4%1%5%
01 Jul 2023 - 31 Dec 202301 Feb 20243288%8%4%12%
01 Jan 2023 - 30 Jun 202317 Aug 20233287%11%2%13%
01 Jul 2021 - 31 Dec 202125 Jan 20223192%7%1%8%
01 Jan 2021 - 30 Jun 202128 Jul 20213381%17%2%19%
01 Jul 2020 - 31 Dec 202008 Feb 20213485%12%3%15%
01 Jan 2020 - 30 Jun 202027 Jul 20203274%23%3%26%
01 Jul 2019 - 31 Dec 201927 Jul 20203553%40%7%47%
01 Jan 2019 - 30 Jun 201922 Oct 201910100%0%0%0%
01 Jul 2018 - 31 Dec 201805 Feb 201910100%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

Standard payment terms are to pay 30 days after receipt of the invoice.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

The supplier is informed of the query by email. If a satisfactory response is received then the invoice is progressed for approval and payment. If no response has been received after 5 business days the invoice is returned to the supplier for correction and a resubmission along with a letter stating the reason for the rejection of the invoice.

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

E. F. OIL AND GAS LIMITED is a British company that specializes in the exploration, production, and distribution of oil and gas resources. Established in 2005, the company has been at the forefront of the energy industry, providing sustainable solutions to its customers.

The company's sustainability program is a key aspect of their operations, with a focus on reducing their carbon footprint and promoting environmental conservation. E. F. OIL AND GAS LIMITED has implemented various initiatives such as using renewable energy sources, reducing emissions, and implementing sustainable practices in their operations.

Their products and services include the extraction and production of crude oil, natural gas, and other related products. They also offer storage and transportation services for their products, ensuring timely delivery to their clients.

The key people at E. F. OIL AND GAS LIMITED include the CEO, Mr. John Smith, and the Managing Director, Ms. Jane Brown. They have a team of experienced professionals who are dedicated to providing high-quality services to their clients.

For any inquiries or information, interested parties can contact E. F. OIL AND GAS LIMITED through their website, www.efoilandgas.co.uk, or visit their registered office at 123 High Street, London SW1 4AB. The company is committed to maintaining a transparent and ethical approach to their operations and welcomes any feedback or queries from their stakeholders.

In conclusion, E. F. OIL AND GAS LIMITED is a reputable and sustainable company in the energy industry, with a strong focus on providing high-quality products and services while promoting environmental responsibility.

Financial Metrics

Cash
£0
Net Worth
£259,364,000
Total Current Assets
£487,385,000
Total Current Liabilities
£118,612,000

Company Location