VALLOUREC OIL & GAS UK LTD.
Company Information
- Company Number
- SC147386
- Registered Address
- Clydesdale Works, Clydesdale Road, Bellshill, Lanarkshire, ML4 2RR
- Status
- Active
- Employee Count
- 108
- Turnover
- £75,104,000
- EBITDA
- £2,291,000
Additional Details
- Website
- https://vallourec.com
- Company Type
- Private limited Company
- Incorporated On
- 8 November 1993
- Nature of Business
- 24200 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
- Industries
- Energy
- Region
- Scotland
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 2018 - 30 Jun 2018 | 31 Jul 2018 | 36 | 31% | 69% | 0% | 18% |
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
End of month + 31 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
67
Dispute Resolution Process
Disputes are communicated to the Finance Department via telephone or email and dealt with on an ad-hoc basis.
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.
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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.
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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
VALLOUREC OIL & GAS UK LTD. is a leading provider of premium tubular solutions for the oil and gas industry. Headquartered in London, the company has been operating in the UK for over 50 years, providing high-quality products and services to the energy sector.
The company's sustainability program focuses on four key areas: environmental protection, responsible sourcing, health and safety, and community engagement. VALLOUREC OIL & GAS UK LTD. is committed to reducing its environmental footprint through efficient use of resources, waste management, and emissions reduction. They also prioritize responsible sourcing of materials and work closely with suppliers to ensure ethical and sustainable practices.
VALLOUREC OIL & GAS UK LTD. offers a wide range of products and services, including premium connections, casing and tubing, and accessories for drilling, completion, and production operations. Their premium connections, such as VAM® and VAM® TOP, are known for their high performance and reliability in the most challenging environments. The company also provides threading and machining services, as well as technical support and training for their products.
The key people at VALLOUREC OIL & GAS UK LTD. include Alberto Martínez, the CEO of the company, and Thierry Pilenko, the Chairman of the Board. Both have extensive experience in the oil and gas industry and are dedicated to driving the company's success and sustainable growth.
To contact VALLOUREC OIL & GAS UK LTD., you can visit their website at www.vallourec.com or reach out to their registered office at 27-29 rue du Docteur Finlay, 75015 Paris, France. The company also has several offices and facilities across the UK, making it easily accessible for their customers.
In summary, VALLOUREC OIL & GAS UK LTD. is a reputable and environmentally conscious company that provides high-quality tubular solutions for the oil and gas industry. With a strong focus on sustainability and a team of experienced professionals, the company is dedicated to meeting the needs of their customers while minimizing their impact on the environment.
