30 Fair PaymentHow fast UK companies pay their suppliers
  1. Home
  2. Companies
  3. Subsea 7 International Contracting Limited

Subsea 7 International Contracting Limited

Registered as SUBSEA 7 INTERNATIONAL CONTRACTING LIMITED. Company number 03073521. 17 payment practices reports on file, the latest for the period ending 30 June 2026, filed 6 July 2026.

36days on average to pay

  • Within 30 days
  • 31 to 60 days
  • Over 60 days

In the reporting period from 1 January 2026 to 30 June 2026, Subsea 7 International Contracting Limited reported that it took an average of 36 days to pay its suppliers' invoices. It paid 40% of invoices within 30 days, 55% in 31 to 60 days and 5% after more than 60 days. It said 61% of invoices were not paid within the agreed terms.

That average is faster than 37% of the 6,220 companies whose latest report covers a period ending since May 2025. A year earlier, in the period to 30 June 2025, the average was 43 days, so it is 7 days faster now.

Average days to pay, report by report

30 32 Dec 2020 33 Jun 2021 39 Dec 2021 39 Jun 2022 39 Dec 2022 36 Jun 2023 37 Dec 2023 37 Jun 2024 39 Dec 2024 43 Jun 2025 38 Dec 2025 36 Jun 2026

Bars are labelled with the month the period ended. The dashed line marks 30 days.

Every report filed

PeriodFiledAverage daysWithin 30 days31 to 60Over 60Not within termsSource
Jan to Jun 2026 6 Jul 2026 36 40%55%5%61% Report
Jul to Dec 2025 28 Jan 2026 38 35%59%6%66% Report
Jan to Jun 2025 30 Jul 2025 43 37%56%7%65% Report
Jul to Dec 2024 28 Jan 2025 39 34%60%6%68% Report
Jan to Jun 2024 30 Jul 2024 37 43%52%5%60% Report
Jul to Dec 2023 30 Jan 2024 37 39%56%5%63% Report
Jan to Jun 2023 17 Aug 2023 36 41%54%5%61% Report
Jul to Dec 2022 30 Jan 2023 39 38%53%9%63% Report
Jan to Jun 2022 28 Jul 2022 39 32%62%6%69% Report
Jul to Dec 2021 26 Jan 2022 39 34%59%7%66% Report
Jan to Jun 2021 14 Jul 2021 33 67%27%6%30% Report
Jul to Dec 2020 27 Jan 2021 32 76%17%7%21% Report
Jan to Jun 2020 30 Jul 2020 36 61%29%10%34% Report
Jul to Dec 2019 27 Jan 2020 35 59%35%6%25% Report
Jan to Jun 2019 25 Jul 2019 43 24%66%10%29% Report
Jul to Dec 2018 28 Jan 2019 42 23%69%8%23% Report
Jan to Jun 2018 9 Jul 2018 44 28%63%9%22% Report

Source: the company's filings on Check payment practices. Contains public sector information licensed under the Open Government Licence v3.0. Figures are as filed. We do not change them.