APACHE NORTH SEA LIMITED
Company Information
- Company Number
- 04614761
- Registered Address
- 27-28 Eastcastle Street, London, W1W 8DH
- Status
- Active
- Employee Count
- 0
- Turnover
- £425,479,000
- EBITDA
- -£65,741,000
Additional Details
- Website
- https://apachecorp.com
- Company Type
- Private limited Company
- Incorporated On
- 11 December 2002
- Nature of Business
- 06100 - Extraction of crude petroleum
- Industries
- Energy
- Region
- London
Company Review
Trend Analysis
From 2018 to 2023, there has been a general trend of improvement in the average time taken for APACHE NORTH SEA LIMITED to pay invoices to suppliers. This can be seen in the decreasing percentage of invoices paid later than 60 days and the increasing percentage of invoices paid within 30 days.
Volatility Analysis
There appears to be some volatility in the data, with some periods showing significant changes in the percentage of invoices paid within 30 days and between 31 and 60 days. This suggests that APACHE NORTH SEA LIMITED may not have a consistent payment process in place.
Summary Analysis
For the past three periods, the data shows that APACHE NORTH SEA LIMITED has been improving their payment process. In the latest period (2021-01-01 to 2021-06-30), 85.7% of invoices were paid within 30 days, an increase from 77.8% in the previous period (2020-07-01 to 2020-12-31). The percentage of invoices paid later than 60 days also decreased from 10.9% to 7.1%. However, there is still room for improvement as 14.3% of invoices were not paid within agreed terms in the latest period.
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 2023 - 30 Jun 2023 | 02 Aug 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 13 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 14 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 13 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
APACHE NORTH SEA LIMITED is a leading oil and gas exploration and production company operating in the UK sector of the North Sea. They are committed to conducting their business in a sustainable manner, with a focus on protecting the environment and supporting local communities.
The company's sustainability program includes initiatives such as reducing greenhouse gas emissions, minimizing waste and promoting responsible water management. They also have a strong commitment to health and safety, with a goal of zero harm to employees and contractors.
In terms of products and services, APACHE NORTH SEA LIMITED specializes in offshore drilling and production, as well as development and exploration of new oil and gas fields. They also have a strong track record in decommissioning old facilities in a safe and environmentally responsible manner.
The key people at APACHE NORTH SEA LIMITED include their CEO, John J. Christmann IV, who has over 30 years of experience in the industry, and their Managing Director, David Duguid, who has been with the company for over 20 years. They are supported by a team of skilled professionals who are dedicated to delivering sustainable and efficient operations.
The company's website address is https://www.apachecorp.com/operations/north-sea-operations and their registered office address is Apache North Sea Limited, 1-5 Queen's Terrace, Aberdeen, AB10 1XL, United Kingdom.
