SPIRIT ENERGY NORTH SEA OIL LIMITED
Company Information
- Company Number
- SC210361
- Registered Address
- 5th Floor, Iq Building 15 Justice Mill Lane, Aberdeen, AB11 6EQ
- Status
- Active
- Employee Count
- 0
- Turnover
- £11,722,000
- EBITDA
- -£25,702,000
Additional Details
- Website
- https://centrica.com
- Company Type
- Private limited Company
- Incorporated On
- 25 August 2000
- Nature of Business
- 06100 - Extraction of crude petroleum
- Industries
- Property,Infrastructure And Construction
- 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 2022 - 30 Jun 2022 | 25 Jul 2022 | 24 | 92% | 7% | 1% | 8% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 23 | 96% | 4% | 0% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 24 | 77% | 22% | 1% | 23% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 32 | 63% | 31% | 6% | 37% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 15 | 91% | 9% | 0% | 35% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 38 | 68% | 24% | 8% | 23% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 43 | 52% | 30% | 18% | 30% |
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
We have standard payment terms of 30 days from date of receipt of invoice, but the procurement organisation allows for shorter payment terms for smaller suppliers during the contract negotiation process.
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
Any disputes the suppliers should contact their specific contact in Accounts Payable spiritenergyap@spirit-energy.com The Accounts Payable team will consider the complaint and respond accordingly.
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
SPIRIT ENERGY NORTH SEA OIL LIMITED is an oil and gas company based in the UK. They specialize in exploration, production, and development of oil and gas resources in the North Sea region. The company is committed to operating in a sustainable manner and has implemented various initiatives to reduce their environmental impact.
Their sustainability program includes measures to reduce carbon emissions, minimize waste and promote energy efficiency. They also prioritize the health and safety of their employees and contractors, and have implemented strict guidelines and training programs to ensure a safe working environment.
In terms of products and services, SPIRIT ENERGY NORTH SEA OIL LIMITED offers a variety of oil and gas products, including crude oil, natural gas, and refined products. They also provide services such as offshore drilling, production, and maintenance.
The company is led by a team of experienced professionals, including CEO Chris Cox and Chairman Bob Dudley. They have a strong track record in the oil and gas industry and are committed to driving the company towards sustainable growth.
For more information on SPIRIT ENERGY NORTH SEA OIL LIMITED and their services, you can visit their website at www.spirit-energy.com. Their registered office address is 1 Canada Square, Canary Wharf, London E14 5AB, United Kingdom.
