HARBOUR ENERGY PLC
Company Information
- Company Number
- SC234781
- Registered Address
- 4th Floor, Saltire Court, 20 Castle Terrace, Edinburgh, EH1 2EN
- Status
- Active
- Employee Count
- 2,159
- Turnover
- £4,918,000,000
- EBITDA
- £3,056,000,000
Additional Details
- Website
- https://l1energy.co.uk/
- Company Type
- Public limited Company
- Incorporated On
- 31 July 2002
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Energy
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
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 2019 - 30 Jun 2019 | 25 Jul 2019 | 25 | 73% | 25% | 2% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 28 | 75% | 20% | 5% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 22 | 88% | 11% | 1% | 20% |
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
Generally the Company has standard payment terms of 30 days. However there are some contracts (typically those that have been in place for a number of years) that have payment terms of 14 days. Of the invoices that were paid after the agreed number of days, most relate to invoices that had payment terms of less than 30 days.
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
Contact is preferably via email. Suppliers are directed to a shared mailbox with invoice queries. A complaint or concern will be address in a timely manner with the supplier concerned. However, such instances tend to be rare.
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.
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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?
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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
Harbour Energy PLC is a leading energy company that operates globally and is committed to sustainability. The company's key activities include exploration, production, and development of oil and gas resources.
As part of their sustainability program, Harbour Energy PLC focuses on reducing their environmental impact, promoting the health and safety of their employees, and supporting the communities in which they operate. They have implemented various initiatives to decrease their carbon footprint, such as investing in renewable energy sources and implementing energy-efficient practices.
In terms of products and services, Harbour Energy PLC offers a range of energy solutions to their customers, including natural gas, crude oil, and natural gas liquids. They also provide energy trading and marketing services to their clients.
The company is led by an experienced team of executives, including CEO Linda Cook, who has over 35 years of experience in the energy industry. Their team is committed to driving sustainable growth and creating value for their stakeholders.
For more information on Harbour Energy PLC and their sustainability efforts, you can visit their website at www.harbourenergy.com. Their registered office address is at 20 Carlton House Terrace, London, SW1Y 5AN, United Kingdom.
