ENI ELGIN/FRANKLIN LIMITED
Company Information
- Company Number
- 03772746
- Registered Address
- Eni House, 10 Ebury Bridge Road, London, SW1W 8PZ
- Status
- Active
- Employee Count
- 0
- Turnover
- £1,052,382,000
- EBITDA
- £933,165,000
Additional Details
- Website
- https://eni.com
- Company Type
- Private limited Company
- Incorporated On
- 18 May 1999
- Nature of Business
- 06100 - Extraction of crude petroleum06200 - Extraction of natural gas
- Industries
- Property,Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 36 | 80% | 9% | 11% | 34% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 18 | 87% | 9% | 4% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 15 | 93% | 7% | 0% | 22% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 65 | 65% | 9% | 26% | 35% |
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 contractual terms for the majority of payments to suppliers is 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payment statistics presented in this report include payments made to other Eni group companies. This factor needs to be taken into account when interpreting the statistics, as the payment pattern can be different for third party and intercompany suppliers.
Maximum contractual payment period agreed
30
Dispute Resolution Process
The Company will contact the supplier in the case of any material discrepancies with the agreed terms on an invoice or in relation to other disputed matters. The supplier and the Company will endeavour to resolve any dispute in accordance with the terms of the relevant contract.
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.
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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
Company Summary
ENI ELGIN/FRANKLIN LIMITED is a leading energy company based in the United Kingdom, with a strong focus on sustainability and responsible business practices. The company is a subsidiary of ENI S.p.A, an Italian multinational oil and gas company.
The main activities of ENI ELGIN/FRANKLIN LIMITED include the exploration, production, and sale of natural gas and oil. They operate in the North Sea, with a particular focus on the Elgin and Franklin gas fields. The company has a strong commitment to reducing their carbon footprint and promoting renewable energy sources.
ENI ELGIN/FRANKLIN LIMITED places a high emphasis on sustainability and has implemented various initiatives to reduce their environmental impact. This includes investing in renewable energy projects, implementing energy efficiency measures, and reducing their greenhouse gas emissions. They also have a robust health and safety program to ensure the well-being of their employees and the community.
The company's key people include the CEO, Luca Vignati, and the Managing Director, Marco Cassiano. Both have extensive experience in the energy industry and are committed to driving the company's sustainability efforts.
To contact ENI ELGIN/FRANKLIN LIMITED, individuals can visit their website at www.eni.com or contact their registered office at 10 Finsbury Square, London EC2A 1AF. The website provides detailed information about the company's operations, sustainability efforts, and career opportunities.
