Score of 86/100 qualifies for PaymentCheck Certification
| 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 |
|---|---|---|---|---|---|---|
| 06 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 9 | 94% | 6% | 0% | 58% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 8 | 98% | 2% | 0% | 51% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 6 | 99% | 1% | 0% | 43% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 6 | 99% | 1% | 0% | 43% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 6 | 100% | 0% | 0% | 67% |
| 01 Jan 2020 - 30 Jun 2020 | 04 Aug 2020 | 6 | 98% | 2% | 0% | 66% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 7 | 99% | 1% | 0% | 71% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 9 | 86% | 14% | 0% | 57% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days
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
All dispute resolutions involve Accounts Payable in the US – we coordinate with the business and the vendor.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
VALERO OPERATIONS SUPPORT, LTD is a UK-based company that provides operational support services to various industries, including oil and gas, power generation, and chemical production. The company is committed to sustainability and has implemented several programs to minimize their environmental impact.
Their sustainability program includes initiatives such as reducing carbon emissions, promoting renewable energy sources, and minimizing waste in their operations. They also regularly conduct audits and assessments to ensure compliance with environmental regulations.
VALERO OPERATIONS SUPPORT, LTD offers a range of products and services to support their clients' operations, including maintenance and repair services, supply chain management, and engineering support. They also provide training and consultancy services to help their clients improve their operational efficiency and sustainability practices.
The key people at VALERO OPERATIONS SUPPORT, LTD include their managing director, Andrew Thompson, and their sustainability manager, Sarah Jones. They are supported by a team of experienced professionals who are dedicated to providing high-quality services to their clients.
For more information about VALERO OPERATIONS SUPPORT, LTD and their services, interested parties can visit their website at www.valeroops.com. Their registered office address is 25 Bedford Street, London, WC2E 9ES, United Kingdom.