WORLEY SERVICES UK LIMITED
Company number: SC572221
Reporting period:
1 January 2024 to 30 June 2024
Report filed on:
1 August 2024
Approved by:
Christopher Robey
Payment statistics
Average time taken to pay invoices: 25 days
Invoices paid:
- within 30 days: 70%
- in 31 to 60 days: 29%
- in 61 days or more: 1%
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: 30%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
60 days
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
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
No further comment provided
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? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
Yes, this business has signed up to: Oil and Gas UK
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