STENA DRILLMAX ICE LIMITED

Company Information

Company Number
07878775
Registered Address
6 Arlington Street, London, England, SW1A 1RE
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
12 December 2011
Nature of Business
09100 - Support activities for petroleum and natural gas extraction
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
17 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
82%
31-60 Days
18%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

STENA DRILLMAX ICE LIMITED exhibits an excellent payment trend, with an average payment time of just 17 days and 82% of invoices settled within 30 days. The remaining 18% are paid within 31-60 days, demonstrating a highly consistent and fast payment trajectory, with no payments extending beyond 60 days or classified as late.

Volatility Analysis

Payment volatility for STENA DRILLMAX ICE LIMITED is extremely low, evidenced by 0% of payments going over 60 days and 0% classified as late. This data indicates exceptional reliability and predictability in their payment practices, presenting minimal risk for suppliers regarding payment timing.

Summary Analysis

Based on their consistent and rapid payment history, STENA DRILLMAX ICE LIMITED represents a highly reliable and low-risk payment partner for suppliers. Suppliers can extend standard credit terms with high confidence, as there is no indication of significant payment delays or uncollectible invoices, negating the need for specific payment-related risk mitigation strategies.

Performance Reports History

Reporting Period Filed: 2025-08-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202505 Aug 20251782%18%0%0%

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 days set at 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

Dispute Resolution Process

Query inbox is available for any disputes.

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

STENA DRILLMAX ICE LIMITED is an active private limited company operating in the drilling industry

Its name indicates a specialisation in advanced drilling technology or operations, potentially within challenging environments such as those involving ice

The company was incorporated on 12 December 2011, operating under company number 07878775

Its registered office is located in London at 6 Arlington Street, London, England, SW1A 1RE

As a private limited company involved in the drilling sector, such entities typically provide a range of services within the UK market

These commonly include exploratory and production drilling services, the supply and maintenance of specialised drilling equipment, and operational support for various projects

Financial Metrics

Net Worth
-£22,600,000
Total Current Assets
£26,900,000
Total Current Liabilities
£49,500,000

Company Location