OPHIR ENERGY LIMITED
Company Information
- Company Number
- 05047425
- Registered Address
- Green Place, Rotherfield Greys, Henley-On-Thames, England, RG9 4PH
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £1,681,000
Additional Details
- Website
- https://www.nogtec.com/
- Company Type
- Private limited Company
- Incorporated On
- 18 February 2004
- Nature of Business
- 06100 - Extraction of crude petroleum06200 - Extraction of natural gas70100 - Activities of head offices
- Industries
- Property,Infrastructure And Construction
- Region
- South East
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 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 10 | 99% | 1% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 10 Jul 2023 | 10 | 99% | 1% | 0% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 13 | 95% | 4% | 1% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 12 | 99% | 1% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 07 Jan 2022 | 10 | 94% | 6% | 0% | 2% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 15 | 92% | 7% | 1% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 16 Jul 2019 | 25 | 86% | 14% | 0% | 14% |
| 01 Jun 2018 - 31 Dec 2018 | 16 Jul 2019 | 28 | 83% | 10% | 7% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 08 Nov 2018 | 34 | 72% | 17% | 11% | 28% |
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 are payable within 30 days from receipt of a correct invoice referencing a valid purchase order which includes a purchase order number issued by the Company. If amendments to the invoice are required, the 30- day payment period will commence from the date of receipt of the corrected invoice. The longest standard payment period is 30 days. The maximum contractual payment period agreed during the reporting period was 30 days.
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
If the Company disputes an item invoiced, the Company will, within 30 days from receipt of the invoice, notify the supplier of the item in dispute, specifying the reason therefore. The payment of any undisputed balance will be effected within the standard 30-day payment period. The Company will endeavour to settle any dispute with the supplier at the earliest possible date and any agreed adjustment will be made as promptly as possible following the date of such settlement. If the Company and supplier are unable to resolve the matter within 30 days, the dispute will be resolved by reference to arbitration (or courts if specified in the contract).
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
OPHIR ENERGY LIMITED is a UK-based oil and gas exploration and production company. They focus on developing assets in Africa and Asia, with a particular focus on natural gas.
Their sustainability program aims to minimize their environmental impact and promote responsible practices in their operations. This includes implementing energy efficiency measures and reducing emissions. They also strive to create positive social and economic impacts in the communities where they operate.
Some of OPHIR ENERGY's key products and services include the exploration and production of oil and natural gas, as well as the sale and transportation of these resources. They also offer consulting services for the oil and gas industry.
The key people at OPHIR ENERGY include Nick Cooper, the Chief Executive Officer, and Bill Higgs, the Chief Operating Officer. Both have extensive experience in the oil and gas industry.
Their website address is www.ophiroil.com, where customers can find information about their operations, sustainability efforts, and latest news. The registered office address is at 2nd Floor, 2 Marlow Road, Maidenhead, Berkshire, SL6 7DX, UK.
In summary, OPHIR ENERGY LIMITED is a leading oil and gas company with a strong focus on sustainability. They offer a range of products and services and are led by experienced industry professionals. Their website provides comprehensive information and their registered office is located in Berkshire, UK.
