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
887.0
Turnover
193841000.0
EBITDA
21739000.0

Additional Details

Company Type
Private limited Company
Incorporated On
21 April 1917
Nature of Business
32990 - Other manufacturing not elsewhere classified$77390 - 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

Company Location

Google
Map data ©2025
Map data ©2025

Financial Metrics

Cash
£5,183,000.00
Net Worth
£315,319,000.00
Total Current Assets
£78,821,000.00
Total Current Liabilities
£99,358,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-07

Time to Pay

Average Time to Pay
50 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
23%
31-60 Days
45%
After 60 Days
32%
Not Paid Within Terms77%

Payment Features

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

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018015304560

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018020406080

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202307 Feb 20245023%45%32%77%
01 Jan 2023 - 30 Jun 202327 Jul 20235234%36%30%67%
01 Jul 2022 - 31 Dec 202231 Jan 20235435%34%31%74%
01 Jan 2022 - 30 Jun 202222 Jul 20224343%30%27%75%
01 Jul 2021 - 31 Dec 202128 Jan 20224335%43%22%59%
01 Jan 2021 - 30 Jun 202120 Jul 20215029%41%30%70%
01 Jul 2020 - 31 Dec 202009 Feb 20215123%43%34%68%
01 Jan 2020 - 30 Jun 202024 Jul 20205224%45%31%67%
01 Jul 2019 - 31 Dec 201930 Jan 20204734%43%23%70%
01 Jan 2019 - 30 Jun 201929 Jul 20192958%34%8%82%
01 Jul 2018 - 31 Dec 201831 Jan 20192961%29%10%75%
01 Jan 2018 - 30 Jun 201830 Jul 20183741%15%44%70%

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

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%.

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

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