Their own payment-practices filing · gov.uk
Eni Elgin/Franklin Limited paid suppliers in 36 days on average — 6 days past its stated terms
Their H1 2024 filing put the average 6 days past the 30-day term they state.
- Their stated terms
- 10–30 days
- Paid outside agreed terms
- 34% of invoices
- Paid after 61+ days
- 11%
- Reporting period
- 1 Jan 2024 – 30 Jun 2024
- Source
- their gov.uk filing, filed 23 Jul 2024
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2024 filing
Paid 6 days past their stated terms
Where their invoices landed · share of all invoices
The pattern · last 6 of 13 reports
251 → 36 days — faster across the window
The read · computed from their figures
Eni Elgin/Franklin Limited's H1 2024 filing put their average at 36 days against stated terms of 10–30 days; 34% of invoices were paid outside agreed terms and 11% took 61 days or longer. Filed 23 Jul 2024.
The direction is faster: from 251 days in H2 2021 to 36 now — 215 days faster across their last 6 reports.
That is 13 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
Standard contractual terms for the majority of payments to suppliers is 30 days.
Dispute resolution
The Company will contact the supplier in the case of any material discrepancies with the agreed terms on an invoice or in relation to other disputed matters. The supplier and the Company will endeavour to resolve any dispute in accordance with the terms of the relevant contract.
Other information
Payment statistics presented in this report include payments made to other Eni group companies. This factor needs to be taken into account when interpreting the statistics, as the payment pattern can be different for third party and intercompany suppliers.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2024 | 36 | 34% | 11% | 23 Jul 2024 |
| H2 2023 | 103 | 50% | 30% | 29 Jan 2024 |
| H1 2023 | 29 | 50% | 10% | 19 Jul 2023 |
| H2 2022 | 221 | 88% | 74% | 30 Jan 2023 |
| H1 2022 | 15 | 27% | 0% | 26 Jul 2022 |
| H2 2021 | 251 | 89% | 77% | 27 Jan 2022 |
| H1 2021 | 27 | 60% | 7% | 30 Jul 2021 |
| H2 2020 | 18 | 26% | 4% | 29 Jan 2021 |
| H1 2020 | 15 | 22% | 0% | 29 Jul 2020 |
| H2 2019 | 22 | 24% | 0% | 30 Jan 2020 |
| H1 2019 | 17 | 17% | 0% | 30 Jul 2019 |
| H2 2018 | 13 | 14% | 7% | 30 Jan 2019 |
| H1 2018 | 65 | 35% | 26% | 30 Jul 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 18 May 1999
- Registered office
- 1 PARK ROW, LEEDS, LS1 5AB
Illustrative · working-capital arithmetic
What a 36-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 36-day vs a 10-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 · Eni Elgin/Franklin Limited
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How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
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-03772746 · latest period to 30 Jun 2024
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