SK ENERGY EUROPE LIMITED

PaymentCheck Score 2025
98Excellent
0.4vs last year
#190 in UK
#17 in Property
#90 in London

Company Information

Company Number
04138778
Registered Address
20 North Audley Street, London, United Kingdom, W1K 6WE
Status
Active
Employee Count
4
Turnover
£3,436,595,000
EBITDA
£80,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 January 2001
Nature of Business
46719 - Wholesale of other fuels and related products
50200 - Sea and coastal freight water transport
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
15 days
Shortest Period:5 days
Longest Period:45 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
83%
31-60 Days
11%
After 60 Days
6%
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: 2024-07-31
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 20251697%2%1%0%
01 Jul 2024 - 31 Dec 202430 Jan 20251595%4%1%0%
01 Jul 2023 - 31 Dec 202314 Feb 20241396%3%1%0%
01 Jan 2023 - 30 Jun 202315 Dec 20231595%3%2%0%
01 Jan 2022 - 30 Jun 202205 Sept 20221588%12%0%0%
01 Jul 2021 - 31 Dec 202101 Feb 20221591%6%3%0%
01 Jan 2021 - 30 Jun 202102 Aug 20211493%7%0%0%
01 Jul 2020 - 31 Dec 202002 Aug 20211690%7%3%0%
01 Jan 2020 - 30 Jun 202030 Jul 20201097%3%0%0%
01 Jul 2019 - 31 Dec 201930 Jul 20202192%7%1%0%
01 Jan 2019 - 30 Jun 201907 Nov 20192592%8%0%0%
01 Jul 2018 - 31 Dec 201826 Jun 20191489%11%0%0%
01 Jan 2018 - 30 Jun 201826 Jul 20181391%9%0%0%

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

Purchasing Crude / FO with USD : Bill of loading(B/L) + 30~45 days or Notice of Readiness(NOR) + 7~20. Other invoices with GBP : Receipt of invoice + 30 days

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

First, sales team tries to sort out it. Second, if 1st process fails, internal legal team reviews contracts, and hires legal firm if needed. Third, legal team and sales team together negotiate with suppliers.

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

SK ENERGY EUROPE LIMITED is a leading energy company that operates in the European market. The company is committed to sustainability and offers a range of products and services to meet the energy needs of its customers.

The company's sustainability program focuses on reducing carbon emissions, promoting renewable energy sources, and implementing sustainable practices in its operations. SK ENERGY EUROPE LIMITED also invests in research and development to continually improve its sustainability efforts.

The company offers a variety of products and services, including petroleum products, lubricants, and chemicals. They also provide energy solutions for industrial and commercial clients, such as power plants and transportation companies.

Key people in the company include the CEO, Mr. Lee, who has over 20 years of experience in the energy industry, and the CFO, Mr. Park, who has a background in finance and sustainability. The company also has a team of experts in various fields, including engineering, environmental science, and renewable energy.

To learn more about SK ENERGY EUROPE LIMITED and their products and services, interested parties can visit their website at www.skenergyeurope.com. The company's registered office address is 25 Canada Square, London, E14 5LQ, United Kingdom. With its commitment to sustainability and a wide range of energy solutions, SK ENERGY EUROPE LIMITED continues to be a top choice for customers in the European market.

Financial Metrics

Cash
£56,181,126
Net Worth
£54,769,517
Total Current Assets
£145,839,670
Total Current Liabilities
£91,639,764

Company Location