UK Payment Practices Report

Subsea 7 (uk Service Company) Limited payment practices report

PennyFetch rating based on government data:

Mostly outside terms

Companies House no. SC228749

This rating is PennyFetch’s own assessment derived from data self-reported by Subsea 7 (uk Service Company) Limited to the UK government.

Avg. days to pay

27

UK median: 32

Outside agreed terms

67%

UK average: 24%

Trend

Stable

16 reports filed

Payment terms

10 to 45 days

Standard terms

Invoice payment breakdown

64%
33%
Within 30 days: 64%31 to 60 days: 33%Over 60 days: 3%

How Subsea 7 (uk Service Company) Limited compares

Subsea 7 (uk Service Company) Limited takes an average of 27 days to pay its suppliers, which is 5 days faster than the UK median of 32 days across 9,336 reporting companies. 67% of their invoices fall outside the agreed payment terms, compared to a national average of 24%.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (10 to 45 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
Jul 2025 to Dec 20252767%64%3%
Jan 2025 to Jun 20253064%65%5%
Jul 2024 to Dec 20242763%67%3%
Jan 2024 to Jun 20242765%66%2%
Jul 2023 to Dec 20233168%63%5%
Jan 2023 to Jun 20233166%69%5%
Jul 2022 to Dec 20223062%65%6%
Jan 2022 to Jun 20223879%49%11%
Jul 2021 to Dec 20213967%56%10%
Jan 2021 to Jun 20214245%66%13%
Jul 2020 to Dec 20204238%68%16%
Jan 2020 to Jun 20203024%78%6%
Jul 2019 to Dec 20192630%83%3%
Jan 2019 to Jun 20192516%76%3%
Jul 2018 to Dec 20182723%74%4%
Jan 2018 to Jun 20182731%73%7%
Working with Subsea 7 (uk Service Company) 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.

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Frequently asked questions

According to their most recent self-reported government filing, SUBSEA 7 (UK SERVICE COMPANY) LIMITED pays invoices in 27 days on average. 67% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly outside terms" based on that data.

All payment statistics on this page are self-reported by Subsea 7 (uk Service Company) 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: Jan 2026. 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?

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