WORLEY EUROPE LTD

PaymentCheck Score 2025
58Fair
1.3vs last year
#3180 in UK
#316 in Property
#1232 in London

Company Information

Company Number
04334425
Registered Address
27 Great West Road, Brentford, England, TW8 9BW
Status
Active
Employee Count
964
Turnover
£371,172,000
EBITDA
£40,783,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 December 2001
Nature of Business
71111 - Architectural activities
71121 - Engineering design activities for industrial process and production
71122 - Engineering related scientific and technical consulting activities
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
33 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
59%
31-60 Days
37%
After 60 Days
4%
Not Paid Within Terms41%

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: 2024-08-01
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 20253443%52%5%57%
01 Jul 2024 - 31 Dec 202430 Jan 20253344%54%2%56%
01 Jul 2023 - 31 Dec 202330 Jan 20243259%37%4%41%
01 Jan 2023 - 30 Jun 202327 Jul 20233958%33%9%42%
01 Jan 2022 - 30 Jun 202203 Aug 20224252%39%9%56%
01 Jan 2021 - 30 Jun 202128 Jul 20213557%37%6%43%
01 Jul 2020 - 31 Dec 202016 Feb 20213745%48%7%54%
01 Jan 2020 - 30 Jun 202004 Aug 20203555%37%8%45%
01 Jul 2019 - 31 Dec 201903 Feb 20203460%33%7%39%

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

The standard payment terms provide for payment within 30 days from the receipt of a proper invoice submitted in accordance with the agreed requirements.

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

60

Dispute Resolution Process

The standard payment terms provide for payment within 30 days from the receipt of a proper invoice submitted in accordance with the agreed requirements. Suppliers are notified of any disputed invoices by email. Once a satisfactory response is received and dispute is resolved, the invoice is progressed for approval and payment in line with agreed standard payment terms for that supplier. suppliers can obtain an update on the process by contacting the dedicated mailbox [sscapinv-emea@worley.com] - this mailbox can also be used by suppliers to escalate the dispute process or the supplier can contact their direct contact person at Worley Europe Limited.

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

WORLEY EUROPE LTD is a leading global engineering and consulting company that provides a wide range of services to various industries, including oil and gas, infrastructure, chemicals, and renewable energy. The company is committed to sustainability and has implemented various programs to reduce environmental impact and promote social responsibility.

The company offers a diverse range of products and services, including project management, design and engineering, procurement, construction, and maintenance. They also provide solutions for environmental and social challenges, such as climate change, water scarcity, and community development.

WORLEY EUROPE LTD has a strong team of key people, including the CEO, Andrew Wood, who has over 30 years of experience in the industry. The company has a global workforce of over 59,000 employees and operates in more than 50 countries.

In terms of sustainability, WORLEY EUROPE LTD has set ambitious goals to reduce their carbon footprint, increase energy efficiency, and promote sustainable practices in their operations and supply chain. They also support various community and social initiatives, such as education and healthcare.

The company's website, www.worley.com, provides detailed information about their services, projects, and sustainability efforts. Their registered office address is at 1 New York Street, Manchester, M1 4HD, United Kingdom. Overall, WORLEY EUROPE LTD is committed to delivering innovative and sustainable solutions to their clients while creating a positive impact on the environment and society.

Financial Metrics

Cash
£183,000
Net Worth
£221,407,000
Total Current Assets
£916,479,000
Total Current Liabilities
£890,702,000

Company Location