Score of 87.1/100 qualifies for PaymentCheck Certification
STENA CARRON DRILLING LIMITED generally exhibits a strong tendency for prompt payments, with 84% of invoices settled within 30 days. Despite this efficiency, the average payment time extends to 44 days, indicating a consistent pattern where 16% of payments frequently take longer than 30 days, with 8% falling into the 31-60 day range and another 8% exceeding 60 days.
While the majority of payments are timely, a notable 9% of invoices are classified as late, with 8% taking over 60 days to settle. This introduces a moderate level of unpredictability for a segment of transactions, suggesting that suppliers may encounter occasional delays beyond standard terms, impacting immediate cash flow reliability.
Overall, STENA CARRON DRILLING LIMITED is a generally reliable payer, but suppliers should anticipate that approximately 16% of payments may extend beyond 30 days, including a small risk of late payments. Suppliers are advised to establish clear payment terms and consider factoring in the average 44-day payment cycle when managing their own cash flow projections and credit limits.
| 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 2025 - 31 Dec 2025 | 05 Feb 2026 | 11 | 87% | 13% | 0% | 0% |
| 01 Jan 2025 - 30 Jun 2025 | 06 Aug 2025 | 44 | 84% | 8% | 8% | 9% |
| 01 Jul 2024 - 31 Dec 2024 | 06 Mar 2025 | 47 | 72% | 2% | 26% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard days set at 45 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
45
Query inbox is available for any disputes.
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
STENA CARRON DRILLING LIMITED is an active private limited company, engaged in drilling operations as indicated by its name.
Established on 15 May 2015, the company operates under company number 09593988. Its registered office is located in London, at 6 Arlington Street, SW1A 1RE.
Companies in the UK market involved in drilling operations typically provide a range of services. These commonly include ground investigation, geotechnical drilling, boreholing for water or environmental purposes, and preparatory work for infrastructure projects.
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