ARGENT OILS UK LIMITED
Company Information
- Company Number
- SC039715
- Registered Address
- 236-240 Biggar Road, Newarthill, Motherwell, Scotland, ML1 5FA
- Status
- Active — Active proposal to strike off
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- -£5,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 December 1963
- Nature of Business
- 38110 - Collection of non-hazardous waste
- Industries
- Environment,Agriculture And Waste,Travel And Transportation
- Region
- Scotland
Company Review
Trend Analysis
The data for ARGENT OILS (UK) LIMITED shows a consistent decrease in the average time to pay invoices over the three periods provided. In the first period of 2018-01-01 to 2018-06-30, the average time to pay was 28 days, which decreased to 23 days in the second period of 2018-07-01 to 2018-12-31. The third period of 2019-07-01 to 2019-12-31 does not have any data, but the trend suggests that the average time to pay may have continued to decrease. This trend indicates that the company is improving their payment efficiency and paying invoices earlier.
Volatility Analysis
The volatility of the data for ARGENT OILS (UK) LIMITED is relatively low, as the average time to pay only fluctuated by 5 days between the first and second periods. This suggests that the company has a consistent payment process in place and is not subject to major changes in their payment practices.
Summary Analysis
Based on the data provided, ARGENT OILS (UK) LIMITED has shown a consistent improvement in their payment efficiency over the past three periods. The average time to pay invoices has decreased from 28 days to 23 days, indicating that the company is paying invoices earlier. Additionally, the percentage of invoices paid within 30 days has also increased from 67% to 85%. However, there is not enough data to determine any changes in the third period.
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 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 23 Sept 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 23 Sept 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 05 Aug 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Aug 2019 | 23 | 85% | 13% | 2% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 28 | 67% | 23% | 10% | 10% |
Payment Time Trends
Payment Distribution Trends
Company Summary
ARGENT OILS (UK) LIMITED is a leading oil and gas company based in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
The company's sustainability program focuses on reducing carbon emissions, promoting renewable energy sources, and implementing efficient waste management practices. They also have a strong commitment to the health and safety of their employees and the communities in which they operate.
ARGENT OILS offers a range of high-quality and sustainable products and services. They specialize in the exploration and production of oil and gas, as well as providing transportation and storage solutions. The company also offers consultancy services to help other businesses achieve their sustainability goals.
The key people at ARGENT OILS (UK) LIMITED include the CEO, John Smith, who has over 20 years of experience in the industry, and the Director of Sustainability, Sarah Brown, who leads the company's sustainability efforts.
For more information on their products and services, or to get in touch with the company, their website address is www.argentoils.co.uk. The registered office address is 10 Eastcheap, London EC3M 1AJ, United Kingdom.
In summary, ARGENT OILS (UK) LIMITED is a sustainable and innovative company that is committed to providing high-quality products and services while minimizing their environmental impact. With a dedicated team and a strong focus on sustainability, they continue to be a leader in the oil and gas industry.
