Their own payment-practices filing · gov.uk
How long does Subsea 7 Limited take to pay its suppliers?
Self-reported figure from their statutory filing. How this is compiled.
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 5 Nov 2001
- Registered office
- 40 BRIGHTON ROAD, SUTTON, SM2 5BN
Terms vs reality
Stated terms: 10–45 days. Reported average: 34.
At a glance
The key figures
Vs peers · latest reported averages
The pattern
Holding steady
Average days to pay across their last 6 statutory reports.
Where their supplier invoices land · latest period
The read · computed from their figures
Subsea 7 Limited has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 34 days against stated terms of 10–45 days.
The pattern is steady — their reported average moves within about ±4 days period to period.
In the latest period 62% of invoices were paid outside their agreed terms, and 4% landed 61+ days out.
In their own words · from the filing
Standard payment terms
The Subsea 7 Group's standard payment terms are 45 days from receipt of invoice.
Dispute resolution
The first point of contact for disputes is the Subsea 7 Accounts Payable department in Aberdeen. If there is a fundamental error on the invoice e.g. incorrect legal entity or incorrect/no purchase order number quoted on the invoice the supplier will receive an automated e-mail advising them the invoice has been rejected and the reason why. To resolve the dispute the supplier must submit a revised invoice. All other disputes are resolved in conjunction with the supplier and Subsea 7 Ltd's Supply Chain Management team. Regular engagement sessions are also held between Subsea 7 Ltd's Supply Chain Management team and suppliers to discuss any issues/concerns including the invoicing and payment process.
Other information
The Subsea 7 Group's standard payment terms are 45 days from receipt of invoice however there are deviations from these standard terms. For example the supply of travel booking services, agency personnel and sub-contracted labour and corporate professional services (e.g. legal and tax fees) are on shorter payment terms.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 34 | 62% | 4% | 6 Jul 2026 |
| H2 2025 | 33 | 67% | 4% | 28 Jan 2026 |
| H1 2025 | 40 | 63% | 6% | 30 Jul 2025 |
| H2 2024 | 32 | 65% | 3% | 28 Jan 2025 |
| H1 2024 | 33 | 64% | 4% | 30 Jul 2024 |
| H2 2023 | 33 | 63% | 4% | 30 Jan 2024 |
| H1 2023 | 35 | 63% | 4% | 17 Aug 2023 |
| H2 2022 | 33 | 63% | 4% | 27 Jan 2023 |
| H1 2022 | 38 | 72% | 6% | 28 Jul 2022 |
| H2 2021 | 35 | 61% | 4% | 26 Jan 2022 |
| H1 2021 | 28 | 24% | 4% | 14 Jul 2021 |
| H2 2020 | 29 | 20% | 5% | 26 Jan 2021 |
| H1 2020 | 27 | 15% | 3% | 30 Jul 2020 |
| H2 2019 | 28 | 16% | 2% | 27 Jan 2020 |
| H1 2019 | 32 | 11% | 3% | 25 Jul 2019 |
| H2 2018 | 34 | 12% | 3% | 18 Jan 2019 |
| H1 2018 | 35 | 19% | 5% | 9 Jul 2018 |
Working-capital effect
What a 34-day cycle ties up
Illustrative. On a hypothetical £12k/month account, at a 34-day vs a 10-day payment cycle.
Late Payment Act. The Late Payment of Commercial Debts Act 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
Are they getting slower or faster?
What's their typical pay point?
Can I see what this means for my invoices?
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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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-04316695 · latest period to 30 Jun 2026
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