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Their own payment-practices filing · gov.uk

How long does Ophir Energy PLC take to pay its suppliers?

CRN 05047425 · Mining & quarrying · 12 statutory reports on record · period to 31 Dec 2024

10days
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 31 Dec 2024 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
18 Feb 2004
Registered office
GREEN PLACE, HENLEY-ON-THAMES, RG9 4PH
2 outstanding charges — secured borrowing registered Accounts due 30 Sept 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 10.

Stated terms30d
-20 days
Reported avg10d

At a glance

The key figures

30d
their stated terms
0%
invoices paid outside terms
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 95% of the 100 large companies reporting in mining & quarrying.

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

terms 30d
10
12
13
10
9
10
H2 2021H1 2022H2 2022H1 2023H1 2024H2 2024

Where their supplier invoices land · latest period

within 30 days 99% 31–60 days 1% 61+ days 0%

The read · computed from their figures

Ophir Energy PLC has filed 12 statutory payment periods (earliest H1 2018). Their latest report puts the average at 10 days against stated terms of 30 days.

The pattern is steady — their reported average moves within about ±2 days period to period.

In the latest period 0% of invoices were paid outside their agreed terms, and 0% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Invoices are payable within 30 days from receipt of a correct invoice referencing a valid purchase order which includes a purchase order number issued by the Company. If amendments to the invoice are required, the 30- day payment period will commence from the date of receipt of the corrected invoice. The longest standard payment period is 30 days. The maximum contractual payment period agreed during the reporting period was 30 days.

Dispute resolution

If the Company disputes an item invoiced, the Company will, within 30 days from receipt of the invoice, notify the supplier of the item in dispute, specifying the reason therefore. The payment of any undisputed balance will be effected within the standard 30-day payment period. The Company will endeavour to settle any dispute with the supplier at the earliest possible date and any agreed adjustment will be made as promptly as possible following the date of such settlement. If the Company and supplier are unable to resolve the matter within 30 days, the dispute will be resolved by reference to arbitration (or courts if specified in the contract).

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H2 2024100%0%23 Jan 2025
H1 202491%0%23 Jul 2024
H1 2023101%0%10 Jul 2023
H2 2022135%1%26 Jan 2023
H1 2022120%0%26 Jul 2022
H2 2021102%0%7 Jan 2022
H1 2021144%0%23 Jul 2021
H2 2020150%1%18 Jan 2021
H2 20193011%5%1 Jun 2020
H1 20192514%0%16 Jul 2019
H2 20182817%7%16 Jul 2019
H1 20183428%11%8 Nov 2018

Quick answers

Are they getting slower or faster?
Their reported average is steady — within about ±2 days period to period, around 10 days.
What's their typical pay point?
Their latest reports average around day 10, moving within about ±2 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

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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-05047425 · latest period to 31 Dec 2024

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