INEOS E&P (UK) LIMITED
Company Information
- Company Number
- 04376184
- Registered Address
- Anchor House, 15 - 19 Britten Street, London, England, SW3 3TY
- Status
- Active
- Employee Count
- 0
- Turnover
- £250,707,000
- EBITDA
- £225,131,000
Additional Details
- Website
- https://dongenergy.com
- Company Type
- Private limited Company
- Incorporated On
- 18 February 2002
- 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 2025 - 30 Jun 2025 | 28 Jul 2025 | 11 | 100% | 0% | 0% | 25% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Feb 2025 | 5 | 100% | 0% | 0% | 25% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 11 | 98% | 0% | 2% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 10 | 91% | 7% | 2% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Feb 2022 | 31 | 85% | 4% | 11% | 25% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Aug 2021 | 10 | 89% | 6% | 5% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 15 | 96% | 1% | 3% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 10 | 89% | 9% | 2% | 23% |
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
Except where the Supplier has failed to perform its obligations under the Purchase Order or where the Supplier’s invoice contains a material error, the Company will pay for the Goods/Services to the Supplier in the amounts specified in the Purchase Order within 30 days of receipt of the Supplier’s invoice, the receipt not being earlier than the delivery.
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
If either party is dissatisfied with the performance of the other in relation to the Goods/Services or this Purchase Order, the parties shall meet as soon as possible in good faith to try to resolve the matter in an amicable way. In the absence of any agreement being reached on that particular dispute either party may take appropriate action in the English Courts to resolve the dispute at any time.
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.
❌
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
INEOS E&P (UK) LIMITED is a leading oil and gas company based in the UK, with a strong focus on sustainability and responsible production. They are committed to meeting the energy needs of the country while also reducing their impact on the environment.
The company's main activities include exploration, production, and development of oil and gas resources in the North Sea region. They also have a strong presence in the midstream and downstream sectors, providing transportation and storage services for oil and gas products.
INEOS E&P (UK) LIMITED has a robust sustainability program in place, which includes reducing carbon emissions, promoting biodiversity, and minimizing waste and pollution in their operations. They are also investing in renewable energy sources and working towards a more sustainable future.
The company's products and services are essential for meeting the energy demands of the UK and supporting its economy. They provide a reliable and secure supply of oil and gas, as well as transportation and storage services for these products.
Some key people in the company include Geir Tuft (CEO), David Brooks (CFO), and Mark Trench (COO). They are supported by a team of experienced professionals who are dedicated to driving the company towards its goals.
For more information on INEOS E&P (UK) LIMITED and their sustainability efforts, interested individuals can visit their website at www.ineos.com/uk or contact them at their registered office address: INEOS House, 29th Floor, 38 Hans Crescent, London, SW1X 0LZ, United Kingdom.
