RIX Petroleum
UnknownCompany number12474235
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
99%Top 3 buyers account for 99% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
69%Largest buyer (Espo) represents 69% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowLow risk
1 in 24mo1 contracts due for renewal in next 24 months
New buyer acquisitionMedium risk
1 in 24mo1 new buying relationships in last 24 months
Buyer breakdown6 buyers
Total buyers6
Top 5 concentration100%
Returning buyers5
New buyers (24 mo)1
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£14m
Contracts6
Buyers6
Contract patterns
Avg contract value£2m
Avg duration2yr 11mo
Renewal rate0%
Total contracts6
Awards by year
12017£0k
12018£10m
22019£4m
12025£300k
Procurement route
Direct award