TOTALENERGIES E&P NORTH SEA UK LIMITED

PaymentCheck Score 2025
90Good
0.5vs last year
#902 in UK
#64 in Property
#422 in London

Company Information

Company Number
03682299
Registered Address
19th Floor 10 Upper Bank Street, Canary Wharf, London, England, E14 5BF
Status
Active
Employee Count
0
Turnover
£2,782,827,000
EBITDA
£2,212,621,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 December 1998
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
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 20203573%20%7%27%
01 Jul 2019 - 31 Dec 201927 Jul 20203669%18%13%31%
01 Jan 2019 - 30 Jun 201922 Oct 20194557%25%18%43%
01 Jul 2018 - 31 Dec 201808 Feb 20194077%23%0%23%
01 Jan 2018 - 30 Jun 201830 Jul 20183589%8%3%11%

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

TOTALENERGIES E&P NORTH SEA UK LIMITED is a leading energy company that operates in the North Sea region of the United Kingdom. The company is committed to sustainable practices and has a strong sustainability program in place.

The company's activities primarily involve exploration, development, and production of oil and gas resources in the North Sea. They have a diverse portfolio of assets, including offshore platforms, pipelines, and onshore facilities.

In line with their sustainability goals, TOTALENERGIES E&P NORTH SEA UK LIMITED has implemented various initiatives to reduce their environmental impact. This includes investing in renewable energy sources, implementing energy efficiency measures, and reducing their carbon emissions.

The company also offers a range of products and services to meet the energy needs of their customers. This includes natural gas, liquefied natural gas (LNG), and renewable energy solutions. They also provide expertise in engineering, project management, and technology to support the development of energy projects.

Key people in TOTALENERGIES E&P NORTH SEA UK LIMITED include the Managing Director, Senior Vice President of Operations, and Senior Vice President of Commercial. These individuals bring a wealth of experience and expertise to the company.

To get in touch with TOTALENERGIES E&P NORTH SEA UK LIMITED, their website address is www.totalenergies.com and their registered office address is 25 Bank Street, Canary Wharf, London, E14 5JP. The company also has various contact numbers and email addresses listed on their website for specific inquiries.

Financial Metrics

Cash
£0
Net Worth
£1,563,221,000
Total Current Assets
£2,276,312,000
Total Current Liabilities
£605,643,000

Company Location