ESSAR OIL (UK) LIMITED
Company Information
- Company Number
- 07071400
- Registered Address
- The Administration Building 5th Floor, Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB
- Status
- Active
- Employee Count
- 867
- Turnover
- £9,515,928,000
- EBITDA
- £249,435,000
Additional Details
- Website
- https://essar.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 10 November 2009
- Nature of Business
- 19201 - Mineral oil refining
- Industries
- Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- North West
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 47 | 36% | 49% | 15% | 23% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 44 | 34% | 50% | 16% | 35% |
| 01 Apr 2023 - 30 Sept 2023 | 30 Oct 2023 | 44 | 37% | 52% | 11% | 26% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 45 | 32% | 59% | 9% | 19% |
| 01 Apr 2021 - 30 Sept 2021 | 29 Oct 2021 | 41 | 52% | 37% | 11% | 10% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 39 | 59% | 33% | 8% | 10% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Apr 2021 | 35 | 60% | 36% | 4% | 11% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 37 | 62% | 36% | 2% | 7% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 37 | 58% | 38% | 4% | 15% |
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 requested is 60 days. This can be varied by agreement and our minimum is normally 30 day payment terms
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
Most contracts will include a disputed provision which requires notification of dispute, followed by discussion and attempted resolution between nominated representatives for a specified time frame, escalation to management and finally formal dispute resolution through courts or arbitration.
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
ESSAR OIL (UK) LIMITED is a leading energy company based in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program focuses on reducing carbon emissions, promoting energy efficiency, and investing in renewable energy sources. They have also implemented waste management and recycling programs to minimize their waste production.
ESSAR OIL (UK) LIMITED offers a wide range of products and services including crude oil refining, petroleum products marketing, and retail fuel supply. They also provide storage and logistics services for their customers.
Some key people in the company include Mr. S. Thangapandian, the Managing Director, and Mr. S. C. Gupta, the Chief Financial Officer. Both of them have extensive experience in the energy industry and are committed to driving the company's growth and sustainability.
Contact information for ESSAR OIL (UK) LIMITED can be found on their website, including their registered office address at Stanlow Manufacturing Complex, Ellesmere Port, Cheshire, CH65 4HB. Their website is www.essar.com/uk and it provides information on their products, services, and sustainability initiatives. Overall, ESSAR OIL (UK) LIMITED is a reliable and sustainable energy company that is dedicated to meeting the energy needs of the UK while minimizing its environmental impact.
