VPI IMMINGHAM LLP
Company Information
- Company Number
- OC300980
- Registered Address
- 4th Floor, Nova South, 160 Victoria Street, London, England, SW1E 5LB
- Status
- Active
- Employee Count
- 94
- Turnover
- £3,006,200,000
- EBITDA
- £375,000,000
Additional Details
- Company Type
- Limited liability partnership
- Incorporated On
- 15 November 2001
- Industries
- Property,Infrastructure And Construction
- 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 Jan 2025 - 30 Jun 2025 | 01 Aug 2025 | 30 | 82% | 14% | 4% | 7% |
| 01 Jul 2024 - 31 Dec 2024 | 06 Feb 2025 | 27 | 83% | 13% | 4% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 31 | 66% | 29% | 5% | 31% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 35 | 69% | 20% | 11% | 18% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 35 | 46% | 47% | 7% | 18% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 13 | 94% | 6% | 1% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 09 Feb 2021 | 15 | 89% | 11% | 0% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 25 | 72% | 27% | 2% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 25 | 72% | 26% | 2% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 29 | 71% | 27% | 2% | 9% |
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
30 days from month end
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
1082
Dispute Resolution Process
Initial contact is to be made by the supplier to accounts payable, who will then follow up internally, liaising with the supplier until the dispute is resolved. From the point of requisition to approval of PO, the procurement team deal with any queries.
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
VPI Immingham LLP is a UK-based company that specializes in the storage, handling, and distribution of petroleum products and chemicals
The company operates a major terminal in Immingham, one of the largest ports in the UK.\n\nSustainability is a key focus for VPI Immingham LLP, and the company has implemented various initiatives to reduce its environmental impact
This includes investing in energy-efficient equipment, promoting the use of renewable energy sources, and actively monitoring and reducing emissions.\n\nThe company offers a wide range of services to its customers, including storage, blending, and distribution of petroleum and chemical products
Their state-of-the-art terminal has a capacity of over 1 million cubic meters and is equipped with advanced technology to ensure safe and efficient operations.\n\nThe key people at VPI Immingham LLP include the managing director, Steve Higginbotham, who has over 30 years of experience in the industry, and the commercial director, Mark Oldham, who has extensive knowledge in the logistics and supply chain sector.\n\nFor more information on their services and sustainability efforts, you can visit their website at www.vpi-immingham.co.uk
The registered office address for VPI Immingham LLP is 1 Savoy Court, London, WC2R 0EZ, United Kingdom
