Industry ranking
Score of 88.45/100 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 2025 - 31 Dec 2025 | 28 Jan 2026 | 29 | 88% | 9% | 3% | 11% |
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 28 | 88% | 10% | 2% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 27 | 91% | 8% | 1% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 26 | 93% | 6% | 1% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 26 | 92% | 8% | 0% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 27 | 90% | 9% | 1% | 13% |
| 01 Jun 2022 - 31 Dec 2022 | 12 Jun 2023 | 27 | 91% | 1% | 8% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 28 | 86% | 13% | 1% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 27 | 89% | 10% | 1% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 28 | 83% | 14% | 3% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 30 | 86% | 11% | 3% | 14% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 29 | 88% | 10% | 2% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 30 | 84% | 13% | 3% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 29 | 86% | 12% | 2% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 28 | 92% | 6% | 2% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days. Subject to EnQuest approval process, payment will be effected in the currency stated in the invoice within thirty (30) days from the date of receipt of a valid invoice.
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
For disputes, suppliers could contact the contracts representative and escalate it to the Supply Chain Manager and Managing Director respectively, if not resolved in the first instance. If still unresolved even after escalation, which is very unlikely, they may choose to take it to court.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
EnQuest Britain Limited is a registered UK entity within the EnQuest group, an independent energy company listed on the London Stock Exchange. Companies House records its nature of business as extraction of crude petroleum, and its registered office is shared with the wider group's London headquarters. The EnQuest group focuses on producing oil and gas from mature and underdeveloped assets, with operations in the UK, Malaysia and Vietnam. It also works on repurposing infrastructure for renewable energy and decarbonisation, including transforming the Sullom Voe Terminal in Shetland, alongside decommissioning of legacy oil and gas facilities. This entity represents part of that broader corporate structure rather than an independently trading operation.
Generated from the company's website and Companies House records. Sources: enquest.com · enquest.com