TAQA BRATANI LIMITED

PaymentCheck Score 2025
93Excellent
0.2vs last year
#670 in UK
#41 in Energy
#315 in London

Company Information

Company Number
05975475
Registered Address
Cannon Place, 78 Cannon Street, London, EC4N 6AF
Status
Active
Employee Count
667
Turnover
£514,733,000
EBITDA
£229,576,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 October 2006
Nature of Business
06100 - Extraction of crude petroleum
Industries
Energy
Region
London

Time to Pay

Average Time to Pay
27 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
97%
31-60 Days
2%
After 60 Days
1%
Not Paid Within Terms3%

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: 2025-01-08
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 202529 Jul 20252796%4%0%4%
01 Jul 2024 - 31 Dec 202408 Jan 20252797%2%1%3%
01 Jul 2024 - 31 Jul 202408 Jan 20252797%2%1%3%
01 Jan 2024 - 30 Jun 202404 Jul 20242796%3%1%4%
01 Jul 2023 - 31 Dec 202309 Jan 20243096%3%1%4%
01 Jul 2022 - 31 Dec 202217 Jan 20232793%5%2%7%
01 Jan 2022 - 30 Jun 202220 Jul 20222888%10%2%12%
01 Jul 2021 - 31 Dec 202120 Jan 20222692%7%1%8%
01 Jul 2019 - 31 Dec 201927 Jan 20202893%4%3%7%
01 Jan 2019 - 30 Jun 201915 Jul 20192890%5%5%10%
01 Jul 2018 - 31 Dec 201828 Jan 20192889%6%5%11%
01 Jan 2018 - 30 Jun 201826 Jul 20182789%6%5%11%

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

Standard payment terms are 30 days from the date of receipt of invoice. Some payments terms are shorter than this as agreed within the specific contract terms with some suppliers.

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

Invoices must be made out with the correct company name and address and sent via email to TAQAInvoicing.uk@taqaglobal.com Supplier Contracts carry details on dispute resolution process and they can also call or email TAQAInvoicing.uk@taqaglobal.com where the AP team will investigate any delays or issues in payment in order to resolve any queries as soon as possible.

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

TAQA BRATANI LIMITED is a leading energy company in the United Kingdom that specializes in the exploration, production, and distribution of oil and gas. The company is committed to sustainable practices and has a dedicated sustainability program in place to minimize their impact on the environment.

Their sustainability program focuses on reducing carbon emissions, preserving biodiversity, and promoting responsible water management. They also prioritize the safety and well-being of their employees, contractors, and the communities they operate in.

TAQA BRATANI LIMITED offers a range of products and services in the energy sector, including oil and gas exploration, production, and transportation. They also invest in renewable energy sources such as wind and solar power, to diversify their energy portfolio and contribute to a more sustainable future.

The key people at TAQA BRATANI LIMITED include their CEO, Saeed Mubarak Al Hajeri, and their Managing Director, Lee Piazza. They are supported by a team of experienced professionals who are dedicated to driving the company's success and sustainability efforts.

For more information on TAQA BRATANI LIMITED and their sustainability program, you can visit their website at www.taqa.com. Their registered office address is 1-3 Strand, London WC2N 5JR, United Kingdom.

Financial Metrics

Cash
£989,315,968
Net Worth
£814,419,286
Total Current Assets
£2,424,443,036
Total Current Liabilities
£601,195,471

Company Location