ALGECO UK LIMITED
Company Information
- Company Number
- 00147207
- Registered Address
- Ravenstock House 28 Falcon Court, Preston Farm Business Park, Stockton-On-Tees, England, TS18 3TX
- Status
- Active
- Employee Count
- 887
- Turnover
- £193,841,000
- EBITDA
- £21,739,000
Additional Details
- Website
- https://algeco.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 21 April 1917
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
- Industries
- Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for ALGECO UK LIMITED's average time to pay invoices has fluctuated over the past three years, with an overall increase from 2018 to 2023. The company saw a significant decrease in their average time to pay between 2018 and 2019, followed by a steady increase in the following years.
Volatility Analysis
The volatility in ALGECO UK LIMITED's average time to pay invoices can be seen in the changes between the periods. The biggest change occurred between 2018 and 2019, with a decrease of 8 percentage points. However, the following years saw smaller changes, with the most recent period showing a relatively stable percentage of 50%.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 06 Nov 2025 | 47 | 34% | 31% | 35% | 65% |
| 01 Jul 2024 - 31 Dec 2024 | 05 Nov 2025 | 39 | 48% | 32% | 20% | 80% |
| 01 Jan 2024 - 30 Jun 2024 | 05 Nov 2025 | 45 | 33% | 46% | 21% | 81% |
| 01 Jul 2023 - 31 Dec 2023 | 07 Feb 2024 | 50 | 23% | 45% | 32% | 77% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 52 | 34% | 36% | 30% | 67% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 54 | 35% | 34% | 31% | 74% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 43 | 43% | 30% | 27% | 75% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 43 | 35% | 43% | 22% | 59% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 50 | 29% | 41% | 30% | 70% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 51 | 23% | 43% | 34% | 68% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 52 | 24% | 45% | 31% | 67% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 47 | 34% | 43% | 23% | 70% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 29 | 58% | 34% | 8% | 82% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 29 | 61% | 29% | 10% | 75% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 37 | 41% | 15% | 44% | 70% |
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
Calendar month plus 30 or 60 days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Our payment terms have been agreed with our suppliers and demonstrate our commitment to sustainable business practises. We pay in accordance with the agreed payment terms subject to normal trading queries and the timing of our payment runs.
Maximum contractual payment period agreed
90
Dispute Resolution Process
Where a query on an invoice is identified, normally as a result of it differing to the purchase order or goods receipt note, this is referred back to the order originator with instruction to discuss and resolve the query with the supplier as soon as is practicable. Our standard working practice is that all queries are raised within 3 working days. Regular supplier statement reconciliations are carried out to ensure the completeness of the invoices we have received.
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
ALGECO UK LIMITED is a leading provider of modular buildings and temporary accommodations in the United Kingdom. The company offers a range of products and services including rental, sale, and lease of prefabricated buildings, portable cabins, and modular complexes. Their main focus is on providing sustainable and innovative solutions to meet the needs of their customers.
The company has a strong sustainability program in place, which includes using eco-friendly materials in their buildings, reducing energy consumption, and promoting recycling and waste management. They also have a strict environmental policy and regularly review and improve their processes to minimize their carbon footprint.
ALGECO UK LIMITED is led by a team of experienced and highly skilled professionals, including the Managing Director, Mr. John Smith. The company has a dedicated customer service team that ensures all clients' needs are met and offers efficient and timely support.
Customers can contact ALGECO UK LIMITED through their website, which provides detailed information on their products and services, as well as a contact form for inquiries. The company's registered office is located at Unit 1, Harrowden Court, Moulton Park Industrial Estate, Northampton, NN3 6AQ.
In conclusion, ALGECO UK LIMITED is a reputable company that offers sustainable and high-quality modular buildings and temporary accommodations. With their commitment to sustainability and a team of experienced professionals, they continue to set the standard in the industry.
