PAIDLATE by YORXEN
← New check

Their own payment-practices filing · gov.uk

How long does Baker Hughes Limited take to pay its suppliers?

CRN 01388658 · Mining & quarrying · 9 statutory reports on record · period to 30 Jun 2022

28days
their reported average time to pay suppliers, latest period
Faster than mostvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

Share
Dated record. The latest report covers a period ending 30 Jun 2022 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

On the public register · Companies House

Company record

Status
Active
Type
Private Limited Company
Incorporated
13 Sept 1978
Registered office
10TH FLOOR,, LONDON, W6 8PW
0 outstanding charges on the register Accounts due 30 Sept 2026

Open the full record at Companies House.

Terms vs reality

Stated terms: 60–120 days. Reported average: 28.

Stated terms60–120d
-32 days
Reported avg28d

At a glance

The key figures

60–120d
their stated terms
32%
invoices paid outside terms
-24d
faster over the window
±16d
variable pattern

Vs peers · latest reported averages

fasterslower
Faster than 69% of the 100 large companies reporting in mining & quarrying.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 60d
52
54
60
31
34
28
H2 2019H1 2020H2 2020H1 2021H2 2021H1 2022

Where their supplier invoices land · latest period

within 30 days 61% 31–60 days 27% 61+ days 12%

The read · computed from their figures

Baker Hughes Limited has filed 9 statutory payment periods (earliest H1 2018). Their latest report puts the average at 28 days against stated terms of 60–120 days.

The direction is faster: from 52 to 28 days over the window — about 24 days faster.

In the latest period 32% of invoices were paid outside their agreed terms, and 12% landed 61+ days out.

What they tell their suppliers

Offers e-invoicing Offers supply-chain finance

In their own words · from the filing

Standard payment terms

Standard payment terms used by Baker Hughes Limited are 120 days, calculated from the date of reception of the invoice.

Dispute resolution

Complaints from suppliers about payment should be submitted to [email protected], where the dedicated team will manage the disputes ensuring they are resolved by discussion and agreement with the supplier. In addition, Baker Hughes Vendor Portal enables companies who supply Baker Hughes with goods or services to view invoice status over the internet, upon registration. This provides suppliers with the flexibility to securely check the status of invoices and remittance advice in the Baker Hughes accounting system anytime.

Other information

The 32% reported as invoices due not paid within agreed terms includes 95% in respect of invoices that have been set up in the ledger with 0 days payment terms to allow these invoices to be paid on the next available payment run. These invoices therefore distort the reported figure as they are included as not being paid within agreed terms. The terms are set at 0 following management’s decision to pay these invoices on the next available payment run – the average time taken to pay these invoices is 8 days. Baker Hughes Limited has introduced a number of sourcing initiatives including Global Payment Terms for certain Vendors and an incentivised move towards monthly payments for certain large Vendors. In addition, Baker Hughes Limited has implemented an invoice factoring program.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20222832%12%26 Jul 2022
H2 20213458%16%31 Jan 2022
H1 20213162%16%29 Jul 2021
H2 20206087%46%29 Jan 2021
H1 20205476%37%31 Jul 2020
H2 20195274%37%30 Jan 2020
H1 20195174%35%29 Jul 2019
H2 20185374%34%28 Jan 2019
H1 20184770%31%30 Jul 2018

Quick answers

Are they getting slower or faster?
Their reported average has moved about 24 days faster over the window (52 → 28 days).
What's their typical pay point?
Their latest reports average around day 28, moving within about ±16 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch Baker Hughes Limited (free)

Their next payment report is due ≈ 26 Jan 2023. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

More large companies in mining & quarrying

Awilco Drilling PLC · BG Global Energy Limited · Archer (UK) Limited · BG International Limited · Antin Cats Limited · BP Amoco Exploration (In Amenas) Limited

How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-01388658 · latest period to 30 Jun 2022

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.