INTERSERVE PLC

Company Information

Company Number
00088456
Registered Address
Ernst & Young Llp 1, More London Place, London, SE1 2AF
Status
Liquidation
Employee Count
41,423
Turnover
£2,904,000,000
EBITDA
£54,600,000

Additional Details

Company Type
Public limited Company
Incorporated On
19 April 1906
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
Industries
Environment, Agriculture And Waste, Professional Services, Property, Infrastructure And Construction, Property-related Goods And Services
Region
London

Time to Pay

Average Time to Pay
29 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
66%
31-60 Days
24%
After 60 Days
10%
Not Paid Within Terms61%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-02-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201806 Feb 20192966%24%10%61%
01 Jan 2018 - 30 Jun 201830 Jul 20183072%17%10%46%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 Days in line with our contracts with our clients

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

30

Dispute Resolution Process

Written Dispute Resolution Process in accordance with our terms and conditions

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

INTERSERVE PLC is a multinational support services and construction company based in the United Kingdom. The company provides a diverse range of services, including construction, facilities management, and support services, to clients in both the public and private sectors.

Sustainability is a key focus for INTERSERVE PLC, with the company committed to reducing its environmental impact and promoting sustainable practices. The company has implemented various initiatives, such as using energy-efficient technologies, reducing waste, and promoting sustainable procurement, to achieve this goal.

In terms of products and services, INTERSERVE PLC offers a wide range of construction and support services, including building maintenance, cleaning, security, and catering services. The company also has expertise in construction and infrastructure projects, delivering projects such as schools, hospitals, and transport systems.

The key people at INTERSERVE PLC include the CEO, Debbie White, and the Chairman, Alan Lovell. The company has a strong leadership team with extensive experience in the industry.

Contact information for INTERSERVE PLC can be found on their website, www.interserve.com. Their registered office address is Interserve House, Ruscombe Park, Twyford, Berkshire, RG10 9JU.

In summary, INTERSERVE PLC is a leading support services and construction company with a strong commitment to sustainability. Their diverse range of services and focus on sustainable practices make them a valuable partner for clients in various sectors. With a dedicated leadership team and a strong focus on sustainability, INTERSERVE PLC continues to be a trusted and reputable company in the industry.

Financial Metrics

Cash
£196,700,000
Net Worth
-£389,200,000
Total Current Assets
£873,800,000
Total Current Liabilities
£775,100,000

Company Location