STENA CARRON DRILLING LIMITED

Company Information

Company Number
09593988
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
15 May 2015
Nature of Business
09100 - Support activities for petroleum and natural gas extraction
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
44 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
84%
31-60 Days
8%
After 60 Days
8%
Not Paid Within Terms9%

Payment Features

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

Company Review

Trend Analysis

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.

Volatility Analysis

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.

Summary Analysis

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.

Performance Reports History

Reporting Period Filed: 2025-08-06
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 202506 Aug 20254484%8%8%9%
01 Jul 2024 - 31 Dec 202406 Mar 20254772%2%26%3%

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 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

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 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

Financial Metrics

Net Worth
£9,200,000
Total Current Assets
£70,200,000
Total Current Liabilities
£90,500,000

Company Location