SEADRILL UK OPERATIONS LTD

PaymentCheck Score 2022
93Excellent
New Entry
#639 in UK
#25 in Scotland

Company Information

Company Number
SC144236
Registered Address
6 Queens Road, Aberdeen, United Kingdom, AB15 4ZT
Status
Active
Employee Count
3
Turnover
£0
EBITDA
£31,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 May 1993
Nature of Business
06100 - Extraction of crude petroleum
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
16 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2023-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202229 Jul 20222190%0%10%0%
01 Jan 2018 - 30 Jun 201831 Jul 20183574%22%3%15%

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 contractual terms for goods and services is 60 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

60

Dispute Resolution Process

Please see below for contact details for the Service and Support team, please allow 48 hours for a response:- • PO’S BEGINNING WITH 841 • InvoiceQuery.NADL@seadrill.com • PO’S BEGINNING WITH 141 • InvoiceQuery.CORP@seadrill.com • PO’S BEGINNING WITH 400 or 630 • InvoiceQuery.ASIA@seadrill.com • PO’S BEGINNING WITH 641,156,615 • InvoiceQuery.AFME@seadrill.com • PO’S BEGINNING WITH 701 • InvoiceQuery.US@seadrill.com • PO’S BEGINNING WITH 257 • InvoiceQuery.SEAMX@seadrill.com Escalation point 2 - Service and Support team Supervisors for urgent queries and no response from regional contacts within 48 hours. Natassjia.flute@seadrill.com Helen.Hallman@seadrill.com Final escalation If after 48 hours, you’ve not had a response from the Supervisors, please contact the Global Accounts Payable Manager:- Sarah.Cotgrave@seadrill.com

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

SEADRILL UK OPERATIONS LTD is a UK-based offshore drilling company that provides services to the oil and gas industry. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes measures such as reducing emissions, minimizing waste, and promoting energy efficiency. They also have a strong focus on safety, both for their employees and the environment.

SEADRILL UK OPERATIONS LTD offers a range of products and services, including drilling rigs, well services, and engineering solutions. They operate globally, with a strong presence in the North Sea and other key offshore locations.

The company's key people include CEO Anton Dibowitz and Chairman Glen Ole Rødland. They have a team of experienced and skilled professionals who are dedicated to providing high-quality services to their clients.

SEADRILL UK OPERATIONS LTD can be contacted through their website, www.seadrill.com, where customers can also find information about their services, projects, and sustainability efforts. Their registered office address is at Seadrill House, 1 Waterloo Way, Leicester LE1 6LP, United Kingdom.

Overall, SEADRILL UK OPERATIONS LTD is a leading offshore drilling company that is committed to sustainability and providing top-notch services to their clients.

Financial Metrics

Cash
£0
Net Worth
£37,274,125
Total Current Assets
£37,461,526
Total Current Liabilities
£187,620

Company Location