| 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 | 14 Jul 2025 | 0% | ||||
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 0% | ||||
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 0 | 0% | 0% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 0 | 0% | 0% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 14 Jan 2021 | 0 | 0% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 0 | 0% | 0% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 0 | 0% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 03 Aug 2018 | 0 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Note this company meets the criteria to file a report, however its payment history is addressed by Transocean Onshore Support Services Limited as a paymaster. Transocean Drilling UK Limited receives revenue but the only payments that are made are intercompany.
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
30
This entity does not make vendor payments so this is not applicable.
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
TRANSOCEAN DRILLING U.K. LIMITED is a leading international offshore drilling company, specializing in providing drilling services to the oil and gas industry. They have a strong commitment towards sustainability and strive to operate responsibly and ethically.
Their sustainability program focuses on reducing their environmental impact, promoting workplace safety, and supporting the communities in which they operate. They have implemented various initiatives such as using energy-efficient equipment, reducing emissions, and promoting biodiversity.
Their products and services include offshore drilling rigs, drilling management services, and well construction and completion services. They have a diverse fleet of modern and high-specification rigs, which allows them to provide efficient and cost-effective solutions to their clients.
The key people at TRANSOCEAN DRILLING U.K. LIMITED include their CEO, Jeremy Thigpen, who has over 25 years of experience in the oil and gas industry, and their COO, Mark Mey, who has over 30 years of experience in the offshore drilling sector.
The company can be contacted through their website, https://www.deepwater.com/, where more information about their services, sustainability efforts, and career opportunities can be found. Their registered office address is 2nd Floor, 1 King William Street, London, EC4N 7AR, United Kingdom.
In summary, TRANSOCEAN DRILLING U.K. LIMITED is a leading offshore drilling company with a strong commitment towards sustainability. They offer a range of high-quality products and services and are led by experienced and knowledgeable individuals.