INEOS INFRASTRUCTURE (GRANGEMOUTH) LIMITED
Company Information
- Company Number
- 06981874
- Registered Address
- The Adelphi 1-11, John Adam Street, London, United Kingdom, WC2N 6HT
- Status
- Active
- Employee Count
- 245
- Turnover
- £328,636,000
- EBITDA
- £9,646,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 August 2009
- Nature of Business
- 35110 - Production of electricity35300 - Steam and air conditioning supply
- Industries
- Property, Infrastructure And Construction, Supply Chain, Manufacturing And Commerce Models
- Region
- London
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 | 31 Jul 2025 | 47 | 29% | 37% | 34% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 48 | 29% | 40% | 31% | 11% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 49 | 35% | 30% | 35% | 14% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 49 | 31% | 32% | 36% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 48 | 37% | 30% | 33% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 45 | 35% | 39% | 26% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 48 | 30% | 45% | 25% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 50 | 34% | 38% | 28% | 23% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 43 | 38% | 42% | 20% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 44 | 40% | 40% | 20% | 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
The Company negotiates and agrees payment terms with its suppliers as one element of its procurement process. As a result, payment terms vary by supplier. The most common payment term in place is 30 days end of month, although payment terms range from payment on receipt to 64 days, end of month.
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
Supplier invoices and payments are managed by our Accounts Payable team. Disputed invoices will be notified to the supplier by the individual who initiated the purchase transaction to ensure that they are investigated in a timely manner and resolved. Invoiced items that are subject to dispute will not be paid until resolution of the dispute, whereupon payment shall be made either within terms or in the next payment run, following resolution.
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
INEOS INFRASTRUCTURE (GRANGEMOUTH) LIMITED is a leading chemical manufacturing company based in Grangemouth, Scotland. They are a part of the larger INEOS group, which has operations in over 20 countries worldwide.
The company specializes in the production of ethylene and propylene, which are essential building blocks for a wide range of industries including plastics, fuels, and healthcare. They also produce other chemicals such as methanol and acetic acid.
One of the key focuses of INEOS INFRASTRUCTURE (GRANGEMOUTH) LIMITED is sustainability. They have implemented various initiatives to reduce their carbon footprint and minimize their impact on the environment. This includes investing in renewable energy sources and implementing efficient production processes.
The company also has a strong commitment to health and safety, with regular training and risk assessment programs in place to ensure the well-being of their employees and the community.
Some of the key people at INEOS INFRASTRUCTURE (GRANGEMOUTH) LIMITED include CEO John McNally, who has over 30 years of experience in the chemical industry, and COO Brian Harkin, who has been with the company for over 20 years.
For contact information, the company's website is www.ineos.com and their registered office address is Grangemouth Refinery, Bo'ness Road, Grangemouth, Stirlingshire, FK3 9XH, Scotland.
In summary, INEOS INFRASTRUCTURE (GRANGEMOUTH) LIMITED is a leading chemical manufacturing company with a strong focus on sustainability and health and safety. They offer essential products for various industries and are led by experienced and dedicated individuals.
