WATES GROUP SERVICES LIMITED
Company Information
- Company Number
- 00340931
- Registered Address
- Wates House, Station Approach, Leatherhead, Surrey, KT22 7SW
- Status
- Active
- Employee Count
- 389
- Turnover
- £117,814,000
- EBITDA
- £15,546,000
Additional Details
- Website
- https://wates.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 1 June 1938
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Professional Services
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 29 Jul 2025 | 32 | 64% | 35% | 1% | 13% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 29 | 77% | 23% | 0% | 37% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 33 | 66% | 33% | 1% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 29 | 87% | 8% | 6% | 50% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 26 | 86% | 12% | 2% | 43% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 23 | 89% | 8% | 3% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 30 | 87% | 10% | 3% | 41% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 29 | 87% | 10% | 3% | 46% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 31 | 89% | 9% | 2% | 15% |
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
The standard terms vary according to the type of supply as follows: Sub-Contractors – 45 or 30 days from assessment date. Applications are requested up to 5 days before the assessment date. General Suppliers & Consultants – 30 days from date of invoice Suppliers of major materials – 30 days from end of month of supply
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
60
Dispute Resolution Process
Wates seeks to avoid disputes by discussing matters directly with the relevant supplier. All standard agreements set out a dispute resolution process. In the first instance contact is with the accounts payment team or commercial staff responsible for the matter. If it cannot be resolved at that level there is an escalated negotiation option involving a senior member of the business team. If the matter cannot be resolved at that senior level the preference is to refer to some form of ADR (mediation, expert determination, etc.) but adjudication or legal proceedings may be used.
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
WATES GROUP SERVICES LIMITED is a leading construction and property services company based in the UK. They offer a wide range of services including construction, refurbishment, and maintenance for both public and private sector clients.
Their sustainability program is a key aspect of their operations, with a focus on reducing their environmental impact and promoting sustainable practices. They have implemented measures such as using sustainable materials, reducing waste, and promoting energy efficiency in their projects.
Their products and services are tailored to meet the needs of their diverse client base. They offer construction services for various types of buildings, including commercial, residential, and educational. They also provide refurbishment and maintenance services to help their clients maintain their properties.
The key people at WATES GROUP SERVICES LIMITED include their CEO, David Allen, and their Executive Director, Andrew Barraclough. They have a team of dedicated professionals with extensive experience in the construction and property industry.
To contact WATES GROUP SERVICES LIMITED, their website address is www.wates.co.uk, where customers can find more information about their services and projects. Their registered office address is Wates House, Station Approach, Leatherhead, Surrey, KT22 7SW, UK.
In summary, WATES GROUP SERVICES LIMITED is a reputable company that offers sustainable construction and property services to a wide range of clients. With a strong focus on sustainability and a team of experienced professionals, they continue to be a leader in the industry.
