OIL SPILL RESPONSE (CAPPING) LIMITED
Company Information
- Company Number
- 07968910
- Registered Address
- Oil Spill Response Limited, Lower William Street, Southampton, England, SO14 5QE
- Status
- Active
- Employee Count
- 20
- Turnover
- £44,112,000
- EBITDA
- £17,662,000
Additional Details
- Website
- https://oilspillresponse.com
- Company Type
- Private limited Company
- Incorporated On
- 29 February 2012
- Nature of Business
- 74909 - Other professional, scientific and technical activities not elsewhere classified
- Industries
- Professional Services
- Region
- South East
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 29 | 79% | 19% | 2% | 18% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 25 | 85% | 15% | 0% | 13% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 28 | 73% | 26% | 1% | 26% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 29 | 70% | 26% | 4% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 27 | 73% | 23% | 4% | 26% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 28 | 68% | 30% | 2% | 32% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 28 | 73% | 25% | 2% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 37 | 71% | 22% | 7% | 22% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 33 | 68% | 22% | 10% | 33% |
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
Payment terms of 60 days are offered to suppliers under the entities standards terms, however the entity will negotiate different terms with suppliers where it is appropriate to do so. The standard payment terms have not changed during the reporting period. Any change to negotiated payment terms is agreed in writing between the parties. No payment period of longer than 90 days has been agreed for any contract.
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
90
Dispute Resolution Process
The process for dispute resolution is as follows: i) Discussion between the buyer and supplier with support from the finance function to attempt to resolve any dispute ii) Escalation to executive level discussion between the entity and the supplier iii) In all normal circumstances the entity expects disputes should be resolved via steps i & ii, however if in an extreme circumstance no resolution could be reached formal mediation and or legal proceedings would be considered
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
OIL SPILL RESPONSE (CAPPING) LIMITED is a company specializing in providing effective solutions for oil spills. Their main focus is on capping and containing oil spills in order to minimize the environmental impact.
The company has a strong sustainability program, with a commitment to protecting the environment and promoting sustainable practices. They have implemented various measures to reduce their carbon footprint, including the use of renewable energy sources and implementing recycling initiatives.
Their main product is the capping stack, which is a specially designed equipment used to stop the flow of oil from a well during a spill. This helps to contain the spill and prevent further damage to the environment.
Some of the key people in the company include the CEO, who oversees the overall operations and strategy, and the technical team, who are responsible for the design and maintenance of the capping stack. The company also has a team of trained responders who are ready to deploy at a moment's notice in case of an oil spill emergency.
The company's website address is www.osrc.co.uk, where customers can find more information about their products and services. Their registered office address is located in London, UK.
In summary, OIL SPILL RESPONSE (CAPPING) LIMITED is a company dedicated to providing effective solutions for oil spills while promoting sustainability. With their innovative capping stack and experienced team, they are a reliable option for responding to oil spill emergencies.
