UK Payment Practices Report

Essar Oil (uk) Limited payment practices report

PennyFetch rating based on government data:

Mostly on time

Companies House no. 07071400

This rating is PennyFetch’s own assessment derived from data self-reported by Essar Oil (uk) Limited to the UK government.

Avg. days to pay

47

UK median: 32

Outside agreed terms

23%

UK average: 24%

Trend

Getting slower

15 reports filed

Payment terms

30 to 60 days

Standard terms

Invoice payment breakdown

36%
49%
15%
Within 30 days: 36%31 to 60 days: 49%Over 60 days: 15%

How Essar Oil (uk) Limited compares

Essar Oil (uk) Limited takes an average of 47 days to pay its suppliers, which is 15 days slower than the UK median of 32 days across 9,336 reporting companies. 23% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been getting worse over time based on historical filings.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (30 to 60 days), not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.

Payment history

PeriodAvg. days% outside terms% in 30d% over 60d
Apr 2025 to Sept 20254723%36%15%
Oct 2024 to Mar 20254624%32%14%
Apr 2024 to Sept 20244521%37%11%
Oct 2023 to Mar 20244435%34%16%
Apr 2023 to Sept 20234426%37%11%
Sept 2022 to Mar 20234723%31%18%
Apr 2022 to Sept 20224519%32%9%
Oct 2021 to Mar 20224312%48%10%
Apr 2021 to Sept 20214110%52%11%
Oct 2020 to Mar 20213910%59%8%
Apr 2020 to Sept 20203511%60%4%
Oct 2019 to Mar 2020366%64%3%
Apr 2019 to Sept 2019377%62%2%
Oct 2018 to Mar 2019375%62%2%
Apr 2018 to Sept 20183715%58%4%
Working with Essar Oil (uk) Limited?

PennyFetch sends automatic payment reminders so you don’t have to chase. If they still don’t pay, it calculates statutory interest and generates a Letter Before Action as a PDF.

Get started free

Frequently asked questions

According to their most recent self-reported government filing, ESSAR OIL (UK) LIMITED pays invoices in 47 days on average. 23% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly on time" based on that data.

All payment statistics on this page are self-reported by Essar Oil (uk) Limited to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.

Most recent report filed: Oct 2025. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.

Is this your company?

If you believe this data is incorrect, outdated, or needs additional context, please email corrections@pennyfetch.co.uk. We will review your request and update or add context to this page where appropriate.