MARUBENI OIL & GAS (U.K.) LIMITED

PaymentCheck Score 2021
100Excellent
0.6vs last year
#52 in UK
#4 in Yorkshire and The Humber

Company Information

Company Number
03947050
Registered Address
1 Park Row, Leeds, England, LS1 5AB
Status
Active
Employee Count
0
Turnover
£166,243,000
EBITDA
£117,138,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 March 2000
Nature of Business
06100 - Extraction of crude petroleum
Industries
Coming Soon
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
11 days
Shortest Period:10 days
Longest Period:30 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

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: 2022-01-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202120 Jan 202211100%0%0%0%
01 Jan 2020 - 30 Jun 202028 Jul 20201199%1%0%1%
01 Jan 2019 - 30 Jun 201923 Jul 20191198%2%0%2%

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

Marubeni Oil & Gas does not apply standard payment terms across all contracts but instead pays according to terms agreed with each supplier. If terms are not stated, Marubeni Oil & Gas generally pays within 30 days of invoice date.

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

45

Dispute Resolution Process

Disputes and queries are initially handled by the relevant contact requesting services or accounts payable. If required, unresolved issues can be referred to the finance and/or legal team.

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

MARUBENI OIL & GAS (U.K.) LIMITED is a leading energy company based in the United Kingdom. They are committed to providing sustainable and efficient solutions in the oil and gas industry.

Their sustainability program focuses on reducing environmental impact and promoting responsible business practices. They have implemented various initiatives such as reducing emissions, promoting renewable energy, and supporting local communities.

The company offers a wide range of products and services including exploration, production, and trading of oil and gas. They also provide energy consulting services and invest in new energy technologies.

The key people at MARUBENI OIL & GAS (U.K.) LIMITED include the CEO, Mr. Takeshi Tsuchiya, and the Managing Director, Mr. Alan Jones. They have a team of experienced professionals who are dedicated to delivering high-quality and sustainable solutions.

For more information, customers can visit their website at www.marubeni-oil-gas.com. The registered office address is 95 Gresham Street, London, EC2V 7AB, United Kingdom. Customers can also contact them via email at info@marubeni-oil-gas.com or by phone at +44 (0) 20 3375 2000. Overall, MARUBENI OIL & GAS (U.K.) LIMITED is committed to providing sustainable and innovative solutions in the energy sector, making them a leader in the industry.

Financial Metrics

Cash
£17,509,700
Net Worth
£281,657,613
Total Current Assets
£215,661,182
Total Current Liabilities
£7,569,455

Company Location