Based on the data provided, there is a slight downward trend in the average time taken to pay invoices for SHELL U.K. NORTH ATLANTIC LIMITED. However, there has also been a decrease in the percentage of invoices paid within 30 days, suggesting a potential trend towards longer payment periods. The company should continue to monitor their payment performance and strive to maintain timely payments to suppliers.
Overall, SHELL U.K. NORTH ATLANTIC LIMITED has shown a relatively stable trend in their payment performance, with a slight decrease in the average time to pay and a decrease in the percentage of invoices paid within 30 days. However, there has been a slight increase in the percentage of invoices paid later than 60 days, indicating a potential area for improvement. The company should focus on reducing this percentage to maintain consistent and timely payments to suppliers.
| 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 2023 - 31 Dec 2023 | 29 Jan 2024 |
Shell UK North Atlantic Limited is a company registered in the UK, based at Shell Centre in London, and forming part of the wider Shell group. Companies House records its business activity under the SIC code for extraction of crude petroleum. The wider Shell group describes itself as a global group of energy and petrochemical companies operating across more than 70 countries, active in oil and gas production, LNG, and related energy projects. This entity's own role, as reflected in its registered activity, relates to the group's upstream crude oil extraction operations rather than its retail, chemicals or other downstream businesses. It has been an active company since its incorporation in 2003.
Generated from the company's website and Companies House records. Sources: shell.com · shell.com