SERICA ENERGY CHINOOK LIMITED
Company Information
- Company Number
- SC335305
- Registered Address
- H1 Building, Hill Of Rubislaw, Anderson Drive, Aberdeen, Scotland, AB15 6BY
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 December 2007
- Nature of Business
- 06100 - Extraction of crude petroleum06200 - Extraction of natural gas
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
SERICA ENERGY CHINOOK LIMITED consistently demonstrates prompt payments, with an average time of 20 days and 89% of invoices settled within 30 days. This establishes a strong trend of timely disbursement, indicating a reliable payment trajectory for suppliers.
Volatility Analysis
Payment reliability is high, given 89% are within 30 days and 0% extend beyond 60 days. While 11% of payments fall into the 31-60 day range, this represents a low level of volatility and a highly predictable overall payment pattern.
Summary Analysis
SERICA ENERGY CHINOOK LIMITED is generally a reliable payer, making them a favorable partner for suppliers. Suppliers should prepare for a slight possibility (11%) of payments extending to the 31-60 day window, but the overall risk of significant delay or non-payment is minimal.
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 | 31 Jul 2025 | 20 | 89% | 11% | 0% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 19 | 94% | 6% | 0% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 20 | 94% | 6% | 0% | 6% |
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
30 days from receipt of correctly prepared and adequately supported invoice/payment request.
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
Suppliers are requested, as stated on PO/Contract, to direct queries to a shared mailbox - qinvoice@serica-energy.com in the first instance. A complaint or concern will be addressed in a timely manner by the Company's representative dealing with the supplier concerned and will escalate any issues appropriately.
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
SERICA ENERGY CHINOOK LIMITED is an active private limited company operating within the energy sector. As a private limited company, it is a privately owned business with its liabilities limited by shares.
The company was incorporated on 14 December 2007, operating under company number SC335305. It is registered in Scotland, with its official registered office located at H1 Building, Hill Of Rubislaw, Anderson Drive, Aberdeen, Scotland, AB15 6BY.
Companies in the UK energy sector typically specialise in the exploration, production, development, and distribution of energy resources. This includes activities such as oil and gas extraction, renewable energy generation, and energy infrastructure management.
