SONATRACH GAS MARKETING UK LIMITED
Company Information
- Company Number
- 05646983
- Registered Address
- Fifth Floor Panton House, 25-26 Haymarket, London, SW1Y 4EN
- Status
- Active
- Employee Count
- 6
- Turnover
- £868,885,000
- EBITDA
- £136,657,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 December 2005
- Nature of Business
- 35220 - Distribution of gaseous fuels through mains
- Industries
- Coming Soon
- Region
- London
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 | 21 Jan 2025 | 13 | 99% | 1% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 15 | 98% | 2% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 05 Jan 2024 | 10 | 100% | 0% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Aug 2023 | 15 | 97% | 2% | 1% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 11 Mar 2023 | 18 | 97% | 2% | 1% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 08 Aug 2022 | 17 | 93% | 7% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Feb 2022 | 15 | 95% | 4% | 1% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 16 | 96% | 3% | 1% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 13 | 98% | 2% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 11 | 94% | 6% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 14 | 96% | 4% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 03 Aug 2018 | 14 | 97% | 3% | 0% | 0% |
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
Business does not use standard terms; most frequently used payment terms for qualifying contracts are : - upon receipt -direct debits for some recurring services, mostly payable in advance -within 7,10,14,16,20 or 30 days after receipt of the invoice in line with the payment terms of suppliers -maximum payment terms are: - the 25th day of the month immediately following the month in which the invoice was received. These could result in a maximum term of 42 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
42
Dispute Resolution Process
Payment shall be made by the due date. If the business disputes any part of an invoice the business shall pay the amount not in dispute on or before the due date and shall give notice of the amount in dispute and the reasons therefore to the other party. If the party fails to pay the other party by the due date any amount due, the other party may access a late charge at rate permitted by the law. the party to whom the amount is due reserves the right to withhold services while there are any outstanding fees and/or interest or the business is in breach of the agreement. no disputes have been recorded during the period
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
SONATRACH GAS MARKETING UK LIMITED is a leading energy company focused on the sustainable production and marketing of natural gas. They operate in the United Kingdom and are a subsidiary of the Algerian national energy company, SONATRACH.
The company's main activity is the supply and trading of natural gas, both domestically and internationally. They have a diverse portfolio of customers, including industrial, commercial, and residential clients, and offer competitive pricing and reliable delivery. Their commitment to sustainability is evident in their efforts to reduce greenhouse gas emissions and promote responsible energy consumption.
SONATRACH GAS MARKETING UK LIMITED's sustainability program includes investing in renewable energy sources, implementing efficient energy management practices, and partnering with local communities to promote environmental awareness. They also prioritize the health and safety of their employees and contractors, ensuring compliance with all relevant regulations and standards.
The company's key people include the Managing Director, who oversees the operations and strategic direction of the company, and a team of experienced professionals in the energy industry.
For more information on SONATRACH GAS MARKETING UK LIMITED, their products and services, and their sustainability program, please visit their website at https://www.sonatrach-gas.co.uk/. Their registered office address is 1 St Katharine's Way, London, E1W 1UN, United Kingdom.
