CGG SERVICES (UK) LIMITED
Company Information
- Company Number
- 06923682
- Registered Address
- Cgg Crompton Way, Manor Royal Estate, Crawley, West Sussex, RH10 9QN
- Status
- Active
- Employee Count
- 659
- Turnover
- £100,230,000
- EBITDA
- £11,321,000
Additional Details
- Website
- https://cgg.com
- Company Type
- Private limited Company
- Incorporated On
- 3 June 2009
- Nature of Business
- 74909 - Other professional, scientific and technical activities not elsewhere classified
- Industries
- Professional Services
- Region
- South East
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 2025 - 30 Jun 2025 | 23 Jul 2025 | 30 | 56% | 40% | 4% | 71% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 34 | 67% | 24% | 9% | 51% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 30 | 67% | 27% | 6% | 53% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Jan 2024 | 28 | 70% | 27% | 3% | 52% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 33 | 68% | 27% | 5% | 61% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 30 | 65% | 31% | 4% | 59% |
| 01 Jan 2021 - 30 Jun 2021 | 16 Jul 2021 | 28 | 71% | 26% | 3% | 59% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2021 | 30 | 67% | 29% | 4% | 68% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 24 | 73% | 26% | 1% | 59% |
| 01 Jan 2019 - 30 Jun 2019 | 08 Jul 2019 | 24 | 80% | 18% | 2% | 47% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 28 | 67% | 30% | 3% | 69% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 33 | 65% | 33% | 2% | 67% |
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 the number of days from when the invoice is due since the tax point. For example if the invoice date is 01/01/2025 and the payment terms are 30 days, the invoice will be due for payment on or before 31/01/2025. After this the payment will become overdue
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Invoices from suppliers are sent to the AP Team via email or post. The AP Accountant will send them for approval via Yooz. If there are any issues with the invoice the Accountant will keep the invoice on hold and check with the supplier. If a credit memo is required this should be issued and the new invoice sent for re-processing. Once approved it will be added to the next payment run for processing/payment
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
CGG SERVICES (UK) LIMITED is a leading geoscience company that provides a wide range of products and services to the oil and gas industry. It has a strong commitment to sustainability and is dedicated to minimizing its environmental impact while maximizing social and economic benefits.
The company offers a range of services including seismic data acquisition, processing, interpretation, and reservoir characterization. Their products are used to help clients make informed decisions about hydrocarbon exploration and production.
CGG SERVICES (UK) LIMITED has a strong focus on sustainability and has implemented various initiatives to reduce its carbon footprint. This includes investing in new technologies to reduce emissions, promoting energy efficiency, and using renewable energy sources where possible. The company also has a comprehensive waste management program to minimize its impact on the environment.
Key people within the company include the CEO, Sophie Zurquiyah, who has over 25 years of experience in the oil and gas industry, and the Chief Sustainability Officer, Jean-Georges Malcor, who is responsible for driving the company's sustainability strategy.
For more information on CGG SERVICES (UK) LIMITED and its products and services, you can visit their website at www.cgg.com. The company's registered office address is located at 1 New Ludgate, 60 Ludgate Hill, London, EC4M 7AW, United Kingdom.