PERENCO UK LIMITED

PaymentCheck Score 2025
84Good
2.4vs last year
#1383 in UK
#113 in Property
#613 in London

Company Information

Company Number
04653066
Registered Address
8 Hanover Square, London, England, W1S 1HQ
Status
Active
Employee Count
701
Turnover
£1,453,472,000
EBITDA
£1,264,632,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 January 2003
Nature of Business
06100 - Extraction of crude petroleum
06200 - Extraction of natural gas
Industries
Property,Infrastructure And Construction
Region
London

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
83%
31-60 Days
15%
After 60 Days
2%
Not Paid Within Terms17%

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: 2025-01-28
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 202530 Jul 20252883%15%2%17%
01 Jan 2024 - 30 Jun 202411 Jul 20242879%19%2%21%
01 Jul 2023 - 31 Dec 202318 Jan 20242687%12%1%13%
01 Jul 2022 - 31 Dec 202218 Jan 20232589%10%1%11%
01 Jul 2020 - 31 Dec 202019 Jan 20212687%12%1%13%
01 Jan 2020 - 30 Jun 202028 Jul 20202977%19%4%23%
01 Jul 2019 - 31 Dec 201928 Jan 20203164%32%4%36%
01 Jul 2018 - 31 Dec 201824 Jan 20193071%25%4%29%
01 Jan 2018 - 30 Jun 201827 Jul 20182786%12%2%14%

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

30 Days from receipt

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

Disputed Invoices are dealt with by individuals/teams requesting services or accounts payable team. Disputed Invoices are either rejected and returned back to the vendor, or put on hold awaiting additional clarification/documentation to be provided by the vendor.

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

PERENCO UK LIMITED is a leading independent oil and gas company based in the United Kingdom. They specialize in the exploration, production, and distribution of oil and gas resources.

The company has a strong commitment to sustainability and is dedicated to minimizing its environmental impact. They have implemented various initiatives to reduce their carbon footprint, promote energy efficiency, and protect the natural environment. This includes investing in renewable energy sources, implementing green technologies, and reducing waste.

PERENCO UK LIMITED offers a wide range of products and services to their customers. They provide oil and gas production, transportation, and storage solutions to meet the energy needs of their clients. They also offer consulting and project management services to support the development of oil and gas projects.

The company is led by a team of experienced professionals, including CEO Phillippe Kirsch, who has over 30 years of experience in the energy industry. Their team is committed to driving the company's success through sustainable and responsible practices.

To contact PERENCO UK LIMITED, individuals can visit their website at www.perenco.com or reach out to their registered office located at 3 Hanover Square, London, W1S 1HD, United Kingdom. Their website also provides information about their sustainability program, products and services, and key people. With a strong focus on sustainability and a wide range of products and services, PERENCO UK LIMITED is a leading player in the oil and gas industry in the UK.

Financial Metrics

Cash
£194,000
Net Worth
£687,014,000
Total Current Assets
£1,442,408,000
Total Current Liabilities
£321,615,000

Company Location