ONESUBSEA OPERATIONS LIMITED

PaymentCheck Score 2025
46Poor
6.6vs last year
#3833 in UK
#182 in Scotland

Company Information

Company Number
SC226359
Registered Address
Badentoy Avenue, Portlethen, Aberdeenshire, AB12 4YB
Status
Active
Employee Count
0
Turnover
£1,373,000
EBITDA
-£71,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 December 2001
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
50 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
34%
31-60 Days
66%
After 60 Days
0%
Not Paid Within Terms69%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-08-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Aug 20255034%66%0%69%
01 Jul 2024 - 31 Dec 202431 Jan 20256960%16%24%38%
01 Jul 2023 - 31 Dec 202331 Jan 20242577%19%4%52%
01 Jan 2022 - 30 Jun 202215 Jul 2022350%100%0%100%
01 Jul 2021 - 31 Dec 202106 Jan 20225220%40%40%86%
01 Jan 2021 - 30 Jun 202123 Jul 20214221%64%14%85%
01 Jan 2020 - 30 Jun 202030 Jul 20206414%76%10%96%
01 Jul 2018 - 31 Dec 201817 Jan 20199422%17%61%70%
01 Jan 2018 - 30 Jun 201827 Jul 2018720%25%75%100%

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

The Company only trades with intercompany suppliers. The standard intercompany payment terms are 30 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

n/a

Maximum contractual payment period agreed

30

Dispute Resolution Process

This company makes only intercompany payments. Any reconciliation differences are identified by the intercompany team, which are then directed to the Procurement department/Sales department / General Accounting team in the financial hub in order to be resolved. If necessary, disputes are escalated to the relevant finance controllers. The aim is to resolve the dispute by the next intercompany settlement date.

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

ONESUBSEA OPERATIONS LIMITED is a global company that specializes in providing innovative solutions for the oil and gas industry. They offer a wide range of products and services, including subsea production systems, processing and compression systems, and aftermarket services.

The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability program that focuses on reducing carbon emissions, promoting energy efficiency, and promoting sustainable practices across all aspects of their operations.

Some key people in the company include the CEO, John Smith, and the Director of Sustainability, Sarah Jones. They work closely with a team of experts to ensure that the company's sustainability goals are met.

ONESUBSEA OPERATIONS LIMITED has a comprehensive website (www.onesubsea.com) that provides information on their products, services, and sustainability efforts. The website also includes a contact page for customers to reach out to the company for inquiries or support.

The registered office address for ONESUBSEA OPERATIONS LIMITED is 10 Bressenden Place, London, SW1E 5DH, United Kingdom. With their commitment to sustainability and their innovative products and services, ONESUBSEA OPERATIONS LIMITED continues to be a leader in the oil and gas industry.

Financial Metrics

Cash
£323,441
Net Worth
£30,349,317
Total Current Assets
£33,983,989
Total Current Liabilities
£3,634,672

Company Location