WORLEY SERVICES UK LIMITED

PaymentCheck Score 2025
73Fair
3.3vs last year
#2237 in UK
#108 in Scotland

Company Information

Company Number
SC572221
Registered Address
Annan House, Palmerston Road, Aberdeen, Scotland, AB11 5QP
Status
Active
Employee Count
731
Turnover
£107,958,000
EBITDA
-£323,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 July 2017
Nature of Business
09100 - Support activities for petroleum and natural gas extraction
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
25 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
70%
31-60 Days
29%
After 60 Days
1%
Not Paid Within Terms30%

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: 2024-08-01
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 Jul 20252964%35%1%36%
01 Jul 2024 - 31 Dec 202430 Jan 20252567%31%2%33%
01 Jul 2023 - 31 Dec 202330 Jan 20242669%28%3%31%
01 Jan 2023 - 30 Jun 202327 Jul 20232871%26%4%29%
01 Jan 2022 - 30 Jun 202228 Jul 20223263%33%4%37%
01 Jan 2021 - 30 Jun 202128 Jul 20213061%34%5%39%
01 Jul 2020 - 31 Dec 202016 Feb 20212658%39%3%42%
01 Jan 2020 - 30 Jun 202005 Aug 20202763%35%2%37%
01 Jul 2019 - 31 Dec 201903 Feb 20202862%36%2%38%

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

Standard terms are 30 days. The UKCS business is an active member of the OGUK organisation and in turn are informally linked to the OGUK code of conduct.

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

The standard payment terms provide for payment within 30 days from the receipt of a proper invoice submitted in accordance with the agreed requirements. Suppliers are notified of any disputed invoices by email. Once a satisfactory response is received and dispute is resolved, the invoice is progressed for approval and payment in line with agreed standard payment terms for that supplier. suppliers can obtain an update on the process by contacting the dedicated mailbox [sscapinv-emea@worley.com] - this mailbox can also be used by suppliers to escalate the dispute process or the supplier can contact their direct contact person at Worley Services UK Limited.

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

WORLEY SERVICES UK LIMITED is a leading engineering and professional services company that provides innovative solutions to clients in the energy, chemicals, and resources sectors. The company is committed to sustainability, with a focus on reducing carbon emissions, promoting renewable energy, and minimizing environmental impact.

Some of the key services offered by WORLEY SERVICES UK LIMITED include project management, engineering design, construction management, and asset management. They also offer a range of consulting services such as feasibility studies, risk assessments, and sustainability consulting.

The company's sustainability program includes initiatives such as reducing energy consumption, promoting sustainable procurement practices, and implementing waste management strategies. They also work closely with their clients to develop sustainable solutions for their projects.

One of the key people at WORLEY SERVICES UK LIMITED is their CEO, Chris Ashton, who has over 30 years of experience in the engineering and energy industry. Under his leadership, the company has received several awards for their sustainability efforts.

For more information on WORLEY SERVICES UK LIMITED and their services, you can visit their website at www.worley.com. Their registered office address is located at 20 Canada Square, London E14 5LH, United Kingdom.

Financial Metrics

Cash
£0
Net Worth
£3,697,000
Total Current Assets
£186,851,000
Total Current Liabilities
£199,766,000

Company Location