---
title: "SAIPEM LIMITED - Payment Practices"
date: 2026-01-27
url: https://paymentcheck.co.uk/company-search/07195109/saipem-limited
description: "View payment practices for SAIPEM LIMITED. Average time to pay: 53 days."
---

# SAIPEM LIMITED

## Company Information

- **Company Number:** 07195109
- **Status:** Active
- **Company Type:** Private limited Company
- **Incorporated:** 18 March 2010
- **Registered Address:** Saipem House, 12-42 Wood Street, Kingston Upon Thames, Surrey, KT1 1TG
- **Industry:** Infrastructure And Construction
- **Region:** South East

## Payment Statistics

- **Average Time to Pay:** 53 days
- **Invoices Paid Within 30 Days:** 29%
- **Invoices Paid Between 31-60 Days:** 50%
- **Invoices Paid Later Than 60 Days:** 21%
- **Invoices Not Paid Within Agreed Terms:** 34%

## Payment Terms

- **Standard Payment Terms:** Saipem Limited’s standard payment terms are 60 days from receipt of invoice.  Supplier payment terms are generally negotiated “back to back” with our main client payment terms which are defined by project, these are usually 30, 45 or 60 days therefore shorter payment terms than 60 days can be agreed.
- **Shortest Payment Period:** Not available days
- **Longest Payment Period:** 90 days
- **Maximum Contractual Period:** 90 days

## Payment Practices

- **Payment Terms Changed:** Not available
- **Suppliers Notified of Changes:** Not available
- **E-Invoicing Offered:** False
- **Supply Chain Financing Offered:** False
- **Participates in Payment Codes:** No

## Dispute Resolution

If there is a fundamental error on the invoice e.g. incorrect legal entity, VAT number or where incorrect/no purchase order number or no service entry number etc. is quoted on the invoice, then the supplier will be contacted by email by our Accounts Payable team 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 the purchase order General Terms and Conditions – extract example below:                                                                                                                        26 SETTLEMENT OF DISPUTES 
26.1 All disputes between PURCHASER and SUPPLIER in connection with or arising out of the PURCHASE ORDER DOCUMENTS, shall be resolved by means of the following procedure: 
a. The dispute shall initially be referred to PURCHASER's Representative and SUPPLIER's Representative who shall discuss the matter in dispute, and make all reasonable efforts to settle the dispute amicably; 
b. If the matter in dispute cannot be resolved under Sub-Clause 26.1 a. above within 15 (fifteen) days after receipt by one PARTY of the other PARTY's written request for such amicable settlement, the dispute shall be referred to the Managing Directors of PURCHASER and SUPPLIER. 
26.2 Unless otherwise stated in the PURCHASE ORDER, all disputes arising out of or in connection with the PURCHASE ORDER DOCUMENTS which are not settled amicably under the preceding paragraph of this Clause within 45 (forty-five) days after receipt of the above-mentioned written request, may be submitted by either PARTY to arbitration in accordance with the Rules of Arbitration of the International Chamber of Commerce. The arbitrators shall be 3 (three) and shall be appointed in accordance with said rules. 
26.3 The seat of the arbitral proceedings shall be London, United Kingdom, and such proceedings shall be conducted in the English language. The arbitral award shall be final and binding on the PARTIES. Each PARTY irrevocably and unconditionally waives any objection or immunity on grounds of sovereignty or otherwise to the arbitral proceedings. 26.4 Whilst any matter or matters are in dispute, SUPPLIER shall continue with the performance and completion of the SUPPLY, and the PARTIES shall comply with all the provisions of the PURCHASE ORDER DOCUMENTS.

## Summary

SAIPEM LIMITED is a private limited company operating in the engineering and energy services sector. As part of the internationally recognised Saipem group, the company provides specialist services in the oil and gas, offshore, and energy industries.

SAIPEM LIMITED was incorporated on 18 March 2010 and is registered in England and Wales under company number 07195109. The company's registered office is located at Saipem House, 12-42 Wood Street, Kingston Upon Thames, Surrey, KT1 1TG, placing it within the South East region of England.

Companies of this type operating within the UK energy services market typically provide engineering, procurement, construction, and installation services across onshore and offshore environments. This includes project management, subsea construction, pipeline installation, and drilling services delivered to clients within the oil, gas, and renewable energy sectors.

With an active status and over a decade of operation since its incorporation, SAIPEM LIMITED represents an established presence within the UK's specialist engineering and energy services industry, supporting both domestic and international projects from its Surrey headquarters.

---

*Data sourced from official UK government payment practices reports. Last updated: 2026-01-27*