UK Payment Practices Report

Technipfmc Umbilicals Ltd payment practices report

PennyFetch rating based on government data:

Mostly on time

Companies House no. 02400155

This rating is PennyFetch’s own assessment derived from data self-reported by Technipfmc Umbilicals Ltd to the UK government.

Avg. days to pay

53

UK median: 32

Outside agreed terms

16%

UK average: 24%

Trend

Getting faster

18 reports filed

Payment terms

30 to 105 days

Standard terms

Invoice payment breakdown

18%
32%
50%
Within 30 days: 18%31 to 60 days: 32%Over 60 days: 50%

How Technipfmc Umbilicals Ltd compares

Technipfmc Umbilicals Ltd takes an average of 53 days to pay its suppliers, which is 21 days slower than the UK median of 32 days across 9,336 reporting companies. 16% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been improving 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 105 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 20255316%18%50%
Jan 2025 to Jun 20256427%19%49%
Jul 2024 to Dec 20246743%12%56%
Jan 2024 to Jun 20246646%14%30%
Jul 2023 to Dec 20236862%18%31%
Jan 2023 to Jun 20236957%14%30%
Jul 2022 to Dec 20226750%14%31%
Jan 2022 to Jun 20226744%24%25%
Jul 2021 to Dec 20216154%13%37%
Jan 2021 to Jun 20215746%17%38%
Jul 2020 to Dec 20205649%17%38%
Jul 2020 to Dec 20205649%17%38%
Jan 2020 to Jun 20205849%20%47%
Jul 2019 to Dec 20195437%39%33%
Jan 2019 to Jun 20195748%38%36%
Jan 2019 to Jun 20193444%78%6%
Jul 2018 to Dec 20186485%30%35%
Jan 2018 to Jun 20186583%10%52%
Working with Technipfmc Umbilicals Ltd?

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, TECHNIPFMC UMBILICALS LTD pays invoices in 53 days on average. 16% 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 Technipfmc Umbilicals Ltd 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: Feb 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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