INEOS UK E&P HOLDINGS LIMITED
Company Information
- Company Number
- SC200459
- Registered Address
- Brodies House, 31-33 Union Grove, Aberdeen, Scotland, AB10 6SD
- Status
- Active
- Employee Count
- 324
- Turnover
- £880,693,000
- EBITDA
- £314,981,000
Additional Details
- Website
- https://rwe.com
- Company Type
- Private limited Company
- Incorporated On
- 30 September 1999
- Nature of Business
- 06200 - Extraction of natural gas
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 28 Jul 2025 | 27 | 78% | 18% | 4% | 18% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Feb 2025 | 33 | 51% | 45% | 4% | 50% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 28 | 85% | 12% | 3% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 28 | 85% | 12% | 3% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Feb 2022 | 33 | 74% | 20% | 6% | 32% |
| 01 Jan 2021 - 30 Jun 2021 | 12 Aug 2021 | 28 | 80% | 16% | 4% | 26% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 30 | 66% | 29% | 5% | 44% |
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
Except where the Supplier has failed to perform its obligations under the Purchase Order or where the Supplier’s invoice contains a material error, the Company will pay for the Goods/Services to the Supplier in the amounts specified in the Purchase Order within 30 days of receipt of the Supplier’s invoice, the receipt not being earlier than the delivery.
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
Dispute Resolution Process
If either party is dissatisfied with the performance of the other in relation to the Goods/Services or this Purchase Order, the parties shall meet as soon as possible in good faith to try to resolve the matter in an amicable way. In the absence of any agreement being reached on that particular dispute either party may take appropriate action in the English Courts to resolve the dispute at any time.
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.
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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.
❌
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
INEOS UK E&P Holdings Limited is a leading energy company in the United Kingdom, specializing in the exploration, production, and distribution of oil and gas. The company is committed to sustainability and has various initiatives in place to reduce its environmental impact.
One of the main activities of INEOS UK E&P Holdings Limited is the exploration and production of oil and gas from its offshore fields in the North Sea. The company also operates onshore facilities for gas processing and storage.
INEOS UK E&P Holdings Limited is dedicated to promoting sustainability in its operations and has implemented various measures to reduce its carbon footprint. These include investing in renewable energy sources, reducing emissions from its facilities, and promoting efficient energy use.
The company also offers a range of products and services, including natural gas and electricity supply to businesses and households. It also provides transportation and storage solutions for its customers.
Key people at INEOS UK E&P Holdings Limited include CEO Anders Runevad and Chairman Sir Jim Ratcliffe. The company's registered office address is at 38 Hans Crescent, Knightsbridge, London SW1X 0LZ.
For more information on INEOS UK E&P Holdings Limited and its sustainability efforts, visit their website at https://www.ineos.com/uk-en/ and follow them on social media.
