CAIRN ENERGY HYDROCARBONS LIMITED
Company Information
- Company Number
- SC172470
- Registered Address
- Suite 2/3, 48 West George Street, Glasgow, Scotland, G2 1BP
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 February 1997
- Nature of Business
- 06100 - Extraction of crude petroleum
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average payment time is 30 days, indicating a commitment to standard terms; however, a substantial 44% of payments are made late. This trend suggests inconsistency, with nearly half of payments extending beyond the initial 30-day window.
Volatility Analysis
The distribution reveals that while just over half of payments are timely, a significant 33% fall into the 31-60 day bracket, with an additional 11% taking over 60 days. This high proportion of late payments, totaling 44%, introduces a notable degree of unpredictability regarding cash flow for suppliers. The risk factor is elevated for prompt payment, as there's a considerable chance payments will be delayed beyond standard terms.
Summary Analysis
Suppliers should factor in the high probability of payment delays when dealing with CAIRN ENERGY HYDROCARBONS LIMITED, as 44% of invoices are paid late. It is recommended to establish clear payment terms, potentially incorporating late payment penalties, and maintain sufficient working capital to absorb potential delays. Consider structuring agreements with milestone-based payments or requesting partial upfront payments to mitigate cash flow risks.
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 Apr 2025 - 30 Sept 2025 | 17 Oct 2025 | 30 | 56% | 33% | 11% | 44% |
| 01 Oct 2024 - 31 Mar 2025 | 29 May 2025 | 20 | 92% | 4% | 4% | 100% |
| 01 Apr 2024 - 30 Sept 2024 | 02 Dec 2024 | 15 | 90% | 10% | 0% | 100% |
| 01 Apr 2023 - 30 Sept 2023 | 09 Nov 2023 | 47 | 65% | 5% | 30% | 100% |
| 01 Oct 2022 - 31 Mar 2023 | 16 Jun 2023 | 28 | 86% | 7% | 7% | 100% |
| 01 Apr 2022 - 30 Sept 2022 | 24 Mar 2023 | 18 | 86% | 7% | 7% | 0% |
| 01 Oct 2021 - 31 Mar 2022 | 04 May 2022 | 114 | 0% | 38% | 63% | 100% |
| 01 Apr 2021 - 30 Sept 2021 | 01 Nov 2021 | 18 | 81% | 19% | 0% | 100% |
| 01 Oct 2020 - 31 Mar 2021 | 21 Apr 2021 | 29 | 63% | 12% | 25% | 100% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 74 | 0% | 33% | 67% | 100% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 143 | 0% | 0% | 100% | 100% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 70 | 0% | 63% | 37% | 100% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 85 | 6% | 44% | 50% | 94% |
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
Payable on presentation of invoice
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
To be resolved by referring it for discussions and negotiations.
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
CAIRN ENERGY HYDROCARBONS LIMITED is an active private limited company operating within the hydrocarbons sector
This indicates its engagement in activities related to oil and natural gas
Incorporated on 19 February 1997, the company is registered with company number SC172470
Its registered office is located at Suite 2/3, 48 West George Street, Glasgow, Scotland, G2 1BP
Companies specialising in hydrocarbons in the UK market typically focus on the exploration, appraisal, development, and production of oil and natural gas
Such activities encompass geological and geophysical surveys, drilling operations, and the overall management of hydrocarbon assets
