| 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 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 0 | 0% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 0 | 0% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 0 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The reporting entity has standard payment terms of 60 days from receipt of the invoice for agreements with third-party suppliers and 30 days from receipt of the invoice for inter-company agreements. Variations to the standard terms exist based on negotiated agreements with certain counterparties.
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
The reporting entity actively seeks to resolve disputes by discussing them with relevant suppliers. When it is not possible to reach a mutual agreement or resolution, a number of potential dispute resolution methods may be used, including mediation, arbitration and/or litigation.
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
ENSCO U.K. LIMITED is a leading provider of offshore drilling services to the oil and gas industry. Established in 1987, the company is headquartered in London and has operations in the United Kingdom, Europe, and the Middle East.
The company's sustainability program is focused on minimizing its environmental impact and promoting responsible business practices. ENSCO U.K. LIMITED has implemented various measures such as using energy-efficient technologies, reducing emissions, and promoting waste reduction and recycling.
ENSCO U.K. LIMITED offers a wide range of products and services, including drilling rigs, well services, and engineering solutions. The company's state-of-the-art drilling rigs are equipped with advanced technology and safety features to ensure efficient and safe operations.
The key people at ENSCO U.K. LIMITED include Lee Russell, the Managing Director, and Steve Brady, the Operations Director. Both have extensive experience in the offshore drilling industry and are committed to driving the company's success.
To contact ENSCO U.K. LIMITED, individuals can visit their website at www.enscouk.com or reach out to their registered office at 6 Chesterfield Gardens, London, W1J 5BQ, United Kingdom. The company also has regional offices in Aberdeen and Great Yarmouth for customer convenience. Overall, ENSCO U.K. LIMITED is a reputable and sustainable company that is dedicated to providing high-quality offshore drilling services while prioritizing environmental responsibility.