TAQA BRATANI LNS LIMITED

PaymentCheck Score 2025
100Excellent
23.0vs last year
#69 in UK
#33 in London

Company Information

Company Number
06230540
Registered Address
Cannon Place, 78 Cannon Street, London, England, EC4N 6AF
Status
Active
Employee Count
0
Turnover
£45,244,000
EBITDA
£33,902,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 April 2007
Nature of Business
06100 - Extraction of crude petroleum
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
30 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

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 202512100%0%0%0%
01 Jul 2024 - 31 Dec 202408 Jan 202530100%0%0%0%
01 Jan 2024 - 30 Jun 202404 Jul 202400%0%0%0%
01 Jul 2023 - 31 Dec 202309 Jan 202400%0%0%0%
01 Jul 2022 - 31 Dec 202217 Jan 202300%0%0%0%
01 Jul 2021 - 31 Dec 202120 Jan 20227100%0%0%0%
01 Jul 2019 - 31 Dec 201927 Jan 20207100%0%0%0%
01 Jan 2019 - 30 Jun 201915 Jul 20197100%0%0%0%
01 Jul 2018 - 31 Dec 201828 Jan 20197100%0%0%0%
01 Jan 2018 - 30 Jun 201826 Jul 20187100%0%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

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 LNS LIMITED is a leading oil and gas company based in the United Kingdom. The company is committed to sustainable practices and has implemented a comprehensive sustainability program to minimize its environmental impact.

The company's main activity is the exploration and production of oil and gas reserves in the North Sea. They also have operations in the Middle East and Africa. TAQA BRATANI LNS LIMITED prides itself on its advanced technologies and expertise in drilling and production to ensure the efficient and safe extraction of resources.

In addition to its core business, the company also offers a range of services including well maintenance and decommissioning. These services are carried out with a strong focus on environmental responsibility and compliance with regulations.

Key people at TAQA BRATANI LNS LIMITED include the CEO, Saeed Al Dhaheri, and the Chief Financial Officer, Saeed Mubarak Al Hajeri. The company's registered office address is located at TAQA UK Office, The Exchange Tower, 19 Canning Street, Edinburgh, EH3 8EG.

The company's sustainability program includes initiatives such as reducing carbon emissions, improving energy efficiency, and implementing waste management strategies. They also prioritize community engagement and have established partnerships with local organizations to support social and economic development in the areas where they operate.

TAQA BRATANI LNS LIMITED's commitment to sustainability has been recognized through various awards and certifications, including the Carbon Trust Standard and the ISO 14001 environmental management certification.

For more information on TAQA BRATANI LNS LIMITED and their sustainability efforts, please visit their website at www.taqa.com.

Financial Metrics

Cash
£51,370,442
Net Worth
£4,254,293
Total Current Assets
£79,538,956
Total Current Liabilities
£34,887,065

Company Location