Score of 86.6/100 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 | 26 | 93% | 7% | 0% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 32 | 82% | 12% | 6% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 02 Jun 2020 | 29 | 80% | 20% | 0% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 28 | 92% | 8% | 0% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 29 | 84% | 16% | 0% | 18% |
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 Resources (Irish Sea) Limited is a UK-registered company whose stated business, per its industrial classification, is the extraction of crude petroleum and natural gas. Evidence gathered under its confirmed identity links it to the ConocoPhillips group, a global exploration and production company that explores for, produces, transports and markets crude oil, bitumen, natural gas, natural gas liquids and liquefied natural gas, including operations in the North Sea, UK. On that basis, this entity appears to function as part of that wider group's upstream oil and gas operations rather than as an independently trading business in its own right. No further detail on its specific Irish Sea assets or operational role is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: conocophillips.com