SONATRACH GAS MARKETING UK LIMITED
Company number: 05646983
Reporting period:
1 January 2025 to 30 June 2025
Report filed on:
15 September 2025
Approved by:
Said Ramtani
Payment statistics
Average time taken to pay invoices: 13 days
Total value paid:
- within 30 days: £1,611,674,085 (100%)
- in 31 to 60 days: £38,028 (< 1%)
- in 61 days or more: £0 (0%)
Invoices paid:
- within 30 days: 99%
- in 31 to 60 days: 1%
- in 61 days or more: 0%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £0
- payments due in the reporting period which have not been paid within the agreed period: 0%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
Answer not provided
Standard payment terms
Business does not use standard
terms; most frequently used
payment terms for qualifying
contracts are : - upon receipt -
direct debits for some recurring
services, mostly payable in
advance -within 7,10,14,16,20 or
30 days after receipt of the invoice
in line with the payment terms of
suppliers -maximum payment
terms are: - the 25th day of the
month immediately following the
month in which the invoice was
received. These could result in a
maximum term of 44 days
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
44 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Payment shall be made by the due
date. If the business disputes any
part of an invoice the business
shall pay the amount not in dispute
on or before the due date and shall
give notice of the amount in
dispute and the reasons therefore
to the other party. If the party fails
to pay the other party by the due
date any amount due, the other
party may access a late charge at
rate permitted by the law. the party
to whom the amount is due reserves the right to withhold
services while there are any
outstanding fees and/or interest or
the business is in breach of the
agreement. no disputes have been
recorded during the period
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No