Their own payment-practices filing · gov.uk
Vivo Energy Namibia Limited paid suppliers in 30 days on average — within its stated 3–45 day terms
Their H2 2022 filing put the average 27 days past the shortest term they state (3 days), still within their 45-day upper term.
- Their stated terms
- 3–45 days
- Paid outside agreed terms
- 1% of invoices
- Paid after 61+ days
- 0%
- Reporting period
- 1 Jul 2022 – 31 Dec 2022
- Source
- their gov.uk filing, filed 18 Jan 2023
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H2 2022 filing
Paid within their stated range — 30 against 3–45 days
Where their invoices landed · share of all invoices
The pattern · last 6 of 11 reports
Held steady around 30 days
The read · computed from their figures
Vivo Energy Namibia Limited's H2 2022 filing put their average at 30 days against stated terms of 3–45 days; 1% of invoices were paid outside agreed terms and 0% took 61 days or longer. Filed 18 Jan 2023.
The pattern is steady — their reported average moves within about ±0 days period to period.
That is 11 statutory periods on record (earliest H2 2017) — a historical record, not a promise for a new invoice.
What they tell their suppliers
In their own words · from the filing
Standard payment terms
Vivo Energy Namibia’s standard payment term is to make payment thirty (30) days after the receipt of a valid tax invoice. This standard payment is however not applied in some circumstances: • As per the Namibian legislation e.g.: - Taxes (Withholding, Employees & import VAT) are to be paid on the 20th of the following month - VAT is to be paid on the 25th of the following month - Road Fund Administration levies are to be paid on the 15th of the following month • As per the specific agreements with suppliers e.g.: - Some Hydrocarbon suppliers are paid the 10th of the following month of delivery - Civil works contractors might be paid in advance or immediately paid as per the progress of the work During the reporting period, the maximum payment period was to pay on the 30th
Dispute resolution
Any claim or dispute is first acknowledged before assessment and formal feedback. When enough evidences of services / works provided are in place, the related invoice is immediately settled
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H2 2022 | 30 | 1% | 0% | 18 Jan 2023 |
| H1 2022 | 30 | 1% | 0% | 22 Aug 2022 |
| H2 2021 | 30 | 1% | 0% | 4 Feb 2022 |
| H1 2021 | 30 | 1% | 0% | 12 Aug 2021 |
| H2 2020 | 30 | 1% | 0% | 20 Jan 2021 |
| H1 2020 | 30 | 2% | 0% | 14 Jul 2020 |
| H2 2019 | 30 | 1% | 0% | 6 Jan 2020 |
| H1 2019 | 30 | 1% | 0% | 12 Jul 2019 |
| H2 2018 | 30 | 1% | 0% | 10 Jan 2019 |
| H1 2018 | 30 | 3% | 0% | 18 Jul 2018 |
| H2 2017 | 30 | 2% | 0% | 31 Jan 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 29 May 1975
- Registered office
- 4TH FLOOR, NOVA SOUTH, LONDON, SW1E 5LB
Illustrative · working-capital arithmetic
What a 30-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 30-day vs a 3-day payment cycle.
Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.
Quick answers · Vivo Energy Namibia Limited
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How UK payment reporting works
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Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-01214315 · latest period to 31 Dec 2022
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