The average time taken for AWILCO DRILLING OFFSHORE (UK) LIMITED to pay invoices to suppliers has fluctuated over the past three periods, with a slight overall decrease in the most recent period.
The volatility in the percentage of invoices paid within 30 days has been relatively stable, with only a small increase in the most recent period. However, there has been a significant increase in the percentage of invoices paid later than 60 days in the most recent period, indicating a potential issue with timely payment to suppliers.
In the most recent period (Jan 2021 - Jun 2021), AWILCO DRILLING OFFSHORE (UK) LIMITED had an average time to pay of X days. This was a X% decrease from the previous period (Jul 2020 - Dec 2020). However, there was a X% increase in the percentage of invoices paid later than 60 days in the most recent period, which was the highest recorded percentage out of the three periods.
| 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 2021 - 30 Jun 2021 | 01 Sept 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 14 Feb 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 18 Aug 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 04 Feb 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 02 Aug 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 06 Aug 2018 |
Awilco Drilling Offshore UK Limited is a UK-registered entity within the Awilco Drilling group, classified under support activities for petroleum and natural gas extraction. The wider group describes itself as an experienced drilling contractor based in the North Sea oil and gas sector, serving a worldwide market, and operates its own fleet of third-generation harsh-environment semi-submersible drilling rigs. This entity forms part of that group's UK operations supporting offshore drilling activity. Company records show the entity remains active, though separate group notices reference a members' voluntary liquidation of a related group holding entity, managed by appointed liquidators. No further detail on this specific company's individual operations is provided beyond its role within the wider drilling group.
Generated from the company's website and Companies House records. Sources: awilcodrilling.com