ISG CONSTRUCTION LIMITED
Company Information
- Company Number
- 00450103
- Registered Address
- Aldgate House, 33 Aldgate High Street, London, EC3N 1AG
- Status
- Active
- Employee Count
- 890
- Turnover
- £544,690,000
- EBITDA
- £2,688,000
Additional Details
- Website
- https://isgplc.com
- Company Type
- Private limited Company
- Incorporated On
- 26 February 1948
- Nature of Business
- 41201 - Construction of commercial buildings
- Industries
- Property,Infrastructure And Construction
- Region
- London
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 2024 - 30 Jun 2024 | 29 Jul 2024 | 17 | 86% | 12% | 2% | 21% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 15 | 87% | 12% | 1% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 15 | 89% | 10% | 1% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 28 | 71% | 27% | 2% | 13% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 34 | 52% | 44% | 4% | 23% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 34 | 50% | 46% | 4% | 34% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 36 | 50% | 43% | 7% | 28% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 40 | 46% | 45% | 10% | 38% |
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 company does not have standard payment terms. Payment terms are agreed with suppliers as part of contract negotiations. The most frequently used payment terms in the reporting period are 30 days from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Prompt Payment Code statistics : - Average time to pay in days is 28 - % of Payments 30 days or fewer 72% - % of Payments 31 to 60 Days 25% - % of Payments above 60 Days 3% - % of Payments not paid in Agreed Period 47%
Maximum contractual payment period agreed
60
Dispute Resolution Process
The company actively seeks to resolve disputes in a timely manner. This process will involve the Accounts Payable team and where necessary the Supply Chain team, Commercial teams and Senior Management. A member of the team will contact the supplier to discuss the dispute. Supplier relationships, managed more & more in a structured way, ensure we very rarely have the need for formal dispute resolution processes. If it is not possible to reach an agreement suitable to both parties then other methods of dispute resolution may include but are not limited to adjudication, litigation etc. as determined by the companies’ legal department. This is very much seen as a last resort.
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
ISG CONSTRUCTION LIMITED is a leading construction company based in the United Kingdom. The company specializes in delivering high-quality construction projects across a wide range of sectors, including commercial, residential, and retail.
One of the key focuses of ISG CONSTRUCTION LIMITED is sustainability. The company is committed to reducing its environmental impact and promoting sustainable practices in all aspects of its operations. They have implemented various measures such as using sustainable materials, reducing waste, and implementing energy-efficient solutions in their projects.
ISG CONSTRUCTION LIMITED offers a wide range of services, including design and build, fit-out, refurbishment, and project management. They have a team of experienced professionals who work closely with clients to deliver projects on time and within budget. The company has a strong track record of delivering successful projects and has earned a reputation for its quality and reliability.
The key people at ISG CONSTRUCTION LIMITED include its CEO, Paul Cossell, who has over 30 years of experience in the construction industry. The company also has a dedicated sustainability team led by their Sustainability Director, Debbie Hobbs, who oversees the implementation of sustainable practices across all projects.
For more information on their services and projects, interested parties can visit their website at www.isgplc.com. The registered office address for ISG CONSTRUCTION LIMITED is 3rd Floor, Aldermary House, 10-15 Queen Street, London, EC4N 1TX.
