CHRYSAOR RESOURCES (IRISH SEA) LIMITED

PaymentCheck Score 2020
87Good
New Entry
#1024 in UK
#83 in Property
#473 in London

Company Information

Company Number
03440053
Registered Address
23 Lower Belgrave Street, London, England, SW1W 0NR
Status
Active
Employee Count
0
Turnover
£327,336,000
EBITDA
£265,806,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 September 1997
Nature of Business
06100 - Extraction of crude petroleum
06200 - Extraction of natural gas
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
26 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
93%
31-60 Days
7%
After 60 Days
0%
Not Paid Within Terms7%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-02-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202001 Feb 20212693%7%0%7%
01 Jan 2020 - 30 Jun 202030 Jul 20203282%12%6%18%
01 Jul 2018 - 31 Dec 201825 Jan 20192892%8%0%8%
01 Jan 2018 - 30 Jun 201827 Jul 20182984%16%0%18%

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

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

Dispute Resolution Process

Supplier to contact Invoice Helpdesk (e-mail or telephone) in the first instance and they will escalate appropriately

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

CHRYSAOR RESOURCES (IRISH SEA) LIMITED is a leading energy company that specializes in oil and gas exploration and production in the Irish Sea region. The company is committed to sustainable practices and has various initiatives in place to minimize their environmental impact and promote social responsibility.

Their sustainability program includes reducing their carbon footprint, implementing renewable energy sources, and promoting biodiversity in their operations. They also have a strong focus on health and safety, ensuring the well-being of their employees and the communities they operate in.

CHRYSAOR RESOURCES (IRISH SEA) LIMITED offers a range of products and services, including offshore drilling, subsea operations, and oil and gas production. They have a diverse portfolio of assets and are continuously seeking new opportunities for growth and development.

The key people at CHRYSAOR RESOURCES (IRISH SEA) LIMITED include their CEO, Phil Kirk, and their Chairman, Linda Cook. They lead a team of experienced professionals who are dedicated to driving the company's success.

For more information on CHRYSAOR RESOURCES (IRISH SEA) LIMITED and their sustainability efforts, you can visit their website at www.chrysaor.com. Their registered office address is 5 Howick Place, London, SW1P 1WG.

Financial Metrics

Cash
£0
Net Worth
£294,761,000
Total Current Assets
£387,206,000
Total Current Liabilities
£196,347,000

Company Location