| 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 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 22 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 04 Mar 2020 | 20 | 84% | 9% | 7% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 16 | 87% | 9% | 4% | 24% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment terms with suppliers is 30 days, with settlement of their invoices occurring in batches, on a weekly basis, at a minimum.
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
The entity aims to resolve any dispute through mediation with their counterpart. This process is driven by the accounts payable team. Where necessary, outstanding disputes are escalated to the Head of Department and Senior Management.
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
Total Gas & Power Chartering Limited is a UK-registered company incorporated in September 2008 and currently active. Companies House records its business activities as sea and coastal freight water transport, service activities incidental to water transportation, and cargo handling for water transport. It forms part of the TotalEnergies group, a global integrated energy company that produces and markets oil, gas, renewables and electricity. This entity's role sits within the group's shipping and trading operations, supporting the movement of energy cargoes such as gas by sea, rather than in the group's wider exploration, production or retail energy activities.
Generated from the company's website and Companies House records. Sources: total.com