TRANSOCEAN ONSHORE SUPPORT SERVICES LIMITED
Company Information
- Company Number
- SC217020
- Registered Address
- Prime View, Kingswells Causeway, Prime Four Business Park, Aberdeen, Scotland, AB15 8PU
- Status
- Active
- Employee Count
- 155
- Turnover
- £30,832,000
- EBITDA
- £2,873,000
Additional Details
- Website
- https://deepwater.com
- Company Type
- Private limited Company
- Incorporated On
- 20 March 2001
- Nature of Business
- 09100 - Support activities for petroleum and natural gas extraction
- 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 | 22 Jul 2025 | 30 | 75% | 23% | 2% | 15% |
| 01 Jul 2024 - 31 Dec 2024 | 22 Jan 2025 | 43 | 72% | 22% | 6% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 35 | 70% | 23% | 7% | 17% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 32 | 76% | 19% | 5% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 35 | 74% | 19% | 7% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 48 | 44% | 36% | 20% | 43% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 22 | 78% | 18% | 4% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 20 | 87% | 11% | 2% | 9% |
| 01 Jul 2020 - 31 Dec 2020 | 14 Jan 2021 | 22 | 83% | 13% | 4% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 9 | 93% | 5% | 2% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 22 | 92% | 6% | 2% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 03 Aug 2018 | 18 | 90% | 6% | 4% | 8% |
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
NET 30 is our standard payment term based on the invoice received date. There are vendors that are set up with an early payment discount structure as these are negotiated at the time the contract is put in place with the vendor and/or when they have requested early payment at the time they are set up as an approved vendor. The most frequent term is NET30. New vendor set ups will be set at NET45. All new vendors are required to sign forms agreeing to these terms.
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
Vendors can email APInquiryGlobal@deepwater.com to check the status of a pending invoice. This mailbox is monitored daily to respond to the vendors question concerning any outstanding invoices. Alternatively all vendors can check the status of their invoice via the portal. Escalation is based on the rig or department the invoice pertains to and the nature of the dispute.
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
Transocean Onshore Support Services Limited is a company that provides onshore support services to the oil and gas industry. They offer a range of sustainable solutions and services to help reduce environmental impact and promote sustainable practices.
Their sustainability program is centered around reducing carbon emissions, minimizing waste, and promoting energy efficiency. They have implemented various measures such as using renewable energy sources, recycling and proper waste management, and investing in eco-friendly technology to achieve these goals.
The company's products and services include logistics support, warehousing, transportation, and procurement services to support the operations of their clients in the oil and gas industry. They also provide construction and maintenance services for onshore facilities.
The key people at Transocean Onshore Support Services Limited include their Managing Director, who oversees the overall operations of the company, and their team of experienced professionals who work closely with clients to provide high-quality and sustainable solutions.
The company's registered office address is at 10 Golden Square, Aberdeen, AB10 1RB, United Kingdom. They also have several other offices located around the world to cater to their global clients. Their website address is www.transocean-ons.com where more information about their services, sustainability program, and contact details can be found.
