DRAGON LNG LIMITED
Company Information
- Company Number
- 04562711
- Registered Address
- Main Road, Waterston, Milford Haven, Pembrokeshire, SA73 1DR
- Status
- Active
- Employee Count
- 93
- Turnover
- £96,179,000
- EBITDA
- £32,246,000
Additional Details
- Website
- https://dragonlng.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 15 October 2002
- Nature of Business
- 35210 - Manufacture of gas
- Industries
- Property,Infrastructure And Construction
- Region
- Wales
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 | 09 Jul 2025 | 22 | 82% | 16% | 2% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 02 Jan 2025 | 23 | 82% | 17% | 1% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 10 Jul 2024 | 25 | 76% | 22% | 2% | 14% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 21 | 86% | 13% | 1% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 20 | 92% | 8% | 0% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Jan 2023 | 19 | 91% | 8% | 1% | 3% |
| 01 Jan 2022 - 30 Jun 2022 | 13 Jul 2022 | 27 | 75% | 24% | 1% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 06 Jan 2022 | 22 | 94% | 6% | 0% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Jul 2021 | 22 | 94% | 6% | 0% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 11 Jan 2021 | 22 | 92% | 7% | 1% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 23 | 81% | 18% | 1% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 21 Jan 2019 | 22 | 91% | 8% | 1% | 6% |
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
Invoices for services are payable within 30 days of receipt of an invoice. Invoices for goods are payable within 42 days of receipt of an invoice.
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
42
Dispute Resolution Process
If Dragon LNG disputes an invoice, it will promptly notify the supplier of the disputed amount and pay the undisputed portion of the invoice. Dragon will endeavour to settle the dispute with the supplier expeditiously and in good faith, at the earliest possible date. Any agreed adjustment and subsequent payment shall be made promptly following the date of such settlement. The courts of England & Wales have jurisdiction in the event agreement cannot be reached.
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
DRAGON LNG LIMITED is a liquefied natural gas (LNG) company based in the United Kingdom. The company was established in 2004 and is a joint venture between Shell and Petronas, two of the world's leading energy companies.
The main activity of DRAGON LNG LIMITED is the importation, storage, and regasification of LNG at their terminal in Milford Haven, Wales. The terminal has the capacity to process up to 6 billion cubic meters of natural gas per year, providing an important source of energy for the UK.
In addition to their core business, DRAGON LNG LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. These include reducing carbon emissions, increasing energy efficiency, and promoting biodiversity in the surrounding area.
The company also offers a range of services to their customers, including storage and redelivery of LNG, as well as providing technical support and training. They have a dedicated team of experts who ensure the safe and efficient operation of the terminal.
Key people in DRAGON LNG LIMITED include the Managing Director, Hiten Mehta, and the Chairman, Stephen Page. The company employs over 60 people and has a strong focus on safety, quality, and customer service.
For more information about DRAGON LNG LIMITED and their services, customers can visit their website at https://www.dragonlng.com/. The registered office address is Dragon LNG, South Hook Road, Waterston, Milford Haven, Pembrokeshire, SA73 1PD, UK.
