ROWAN COMPANIES LIMITED
Company Information
- Company Number
- 07805263
- Registered Address
- Lynton House 7-12 Tavistock Square, London, WC1H 9LT
- Status
- Liquidation
- Employee Count
- 0
- Turnover
- £3,339,000
- EBITDA
- -£25,029,000
Additional Details
- Website
- https://rowancompanies.com
- Company Type
- Private limited Company
- Incorporated On
- 11 October 2011
- Nature of Business
- 09100 - Support activities for petroleum and natural gas extraction
- Industries
- Energy
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 32 | 67% | 27% | 7% | 31% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 34 | 41% | 55% | 4% | 27% |
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
45 days upon receipt of invoice.
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
45
Dispute Resolution Process
Any disputes with respect to supplier payments during the reporting period were resolved by contacting the Accounts Payable department ap@rowancompanies.com.
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.
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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?
❌
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
ROWAN COMPANIES LIMITED is a global offshore drilling contractor providing services to the oil and gas industry. The company was founded in 1923 and is headquartered in Houston, Texas, with operations in various countries including the United Kingdom, Norway, and Saudi Arabia.
The company's sustainability program aims to minimize its environmental impact and promote the health and safety of its employees. This includes implementing energy-saving measures, reducing emissions, and promoting recycling and waste reduction.
ROWAN COMPANIES LIMITED offers a range of drilling services, including ultra-deepwater, shallow water, and jack-up drilling. They also provide well services, such as well intervention and completion services. Their fleet of high-specification drilling rigs is equipped with advanced technology to ensure efficient and safe operations.
The key people of ROWAN COMPANIES LIMITED include Thomas P. Burke, the President and Chief Executive Officer, and Stephen M. Butz, the Executive Vice President and Chief Financial Officer.
The company's website is www.rowancompanies.com, where potential clients can find information about their services and operations. The registered office address is Rowan Companies Limited, 2800 Post Oak Boulevard, Suite 5450, Houston, Texas 77056, USA.
