Published reports

HALLIBURTON MANUFACTURING AND SERVICES LIMITED

Company number: 00611451

This information is as reported by the business, and responses are in their own words.

Reporting period:

1 July 2022 to 31 December 2022

Report filed on:

31 January 2023

Approved by:

Christopher Birnie

Payment statistics

Average time taken to pay invoices: 40 days

Invoices paid:

  • within 30 days: 16%
  • in 31 to 60 days: 69%
  • in 61 days or more: 15%

Late and disputed:

  • payments due in the reporting period which have not been paid within the agreed period: 85%

Payment terms

Shortest standard payment periods

30 days

Longest standard payment period

60 days

Standard payment terms

Standard payment terms used by HALLIBURTON MANUFACTURING AND SERVICES LIMITED is 30 days which is calculated from the invoice date

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

Answer not provided

Were suppliers notified or consulted about these changes before they were made?

N/A

Maximum contractual payment period agreed

90 days

4 years contract extended(8 Year In Total)

Any other information about payment terms

N/A

Dispute resolution process

Any dispute relating to supplier invoice payments should be sent to the Halliburton Invoice and Enquiry mailbox address UKAP@halliburton.com

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 Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Yes, this business has signed up to: Christopher Birnie

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.

Yes

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.

Yes

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