PETROGAS GROUP UK LIMITED
Company Information
- Company Number
- 05952225
- Registered Address
- Office 3, The Limes Dunstable Street, Ampthill, Bedford, England, MK45 2GJ
- Status
- Active
- Employee Count
- 1,142
- Turnover
- £592,314,000
- EBITDA
- £9,478,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 October 2006
- Nature of Business
- 47300 - Retail sale of automotive fuel in specialised stores
- Industries
- Supply Chain
- Region
- East of England
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 Jan 2022 - 30 Jun 2022 | 05 Oct 2022 | 39 | 38% | 47% | 15% | 35% |
| 01 Jul 2021 - 31 Dec 2021 | 15 Mar 2022 | 48 | 25% | 55% | 21% | 43% |
| 01 Jan 2021 - 30 Jun 2021 | 15 Mar 2022 | 40 | 22% | 70% | 8% | 31% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Mar 2022 | 40 | 23% | 69% | 8% | 37% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 45 | 37% | 51% | 12% | 30% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 39 | 38% | 60% | 2% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Aug 2018 | 37 | 40% | 58% | 2% | 21% |
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
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
90
Dispute Resolution Process
Disputes are resolved through regular supplier statement reconciliation, investigation of outstanding invoices and checking of supporting documentation for evidence of delivery, confirmation of order price etc. Disputes that cannot be resolved by the Accounts Payable function are escalated to the senior management team for guidance and support in negotiations with suppliers.
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
PETROGAS GROUP UK LIMITED is a leading energy company that operates in the UK. The company is committed to sustainability and has a strong focus on providing efficient and eco-friendly products and services to its customers.
The company offers a wide range of products and services, including oil and gas exploration and production, renewable energy solutions, and retailing of petroleum products. They also have a strong presence in the transportation and logistics sector, providing efficient and sustainable fuel solutions.
PETROGAS GROUP UK LIMITED is led by a team of experienced and dedicated professionals who are committed to driving the company's growth and sustainability. The key people in the company include the CEO, CFO, and other senior executives who have years of experience in the energy industry.
The company has a strong sustainability program in place, with a focus on reducing its carbon footprint and promoting renewable energy. They have implemented various initiatives to reduce waste, conserve energy, and promote eco-friendly practices in their operations.
The company's website (www.petrogas.co.uk) provides detailed information about its products and services, as well as their sustainability efforts. The registered office address is located at 1 Knightsbridge Green, London SW1X 7QA, United Kingdom.
In summary, PETROGAS GROUP UK LIMITED is a reputable energy company in the UK that is committed to sustainability and providing efficient and eco-friendly products and services. With a dedicated team and strong sustainability program, the company is poised for continued growth and success in the energy industry.
