KELLOGG BROWN ROOT LIMITED
Company Information
- Company Number
- 00645125
- Registered Address
- Hill Park Court, Springfield Drive, Leatherhead, Surrey, KT22 7NL
- Status
- Active
- Employee Count
- 17.0
- Turnover
- 245218000.0
- EBITDA
- -19049000.0
Additional Details
- Website
- https://kbruk.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 22 December 1959
- Nature of Business
- 71122 - Engineering related scientific and technical consulting activities$71129 - Other engineering activities
- Industries
- 0
- Region
- South East
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 17 | 74% | 23% | 3% | 25% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 15 | 85% | 13% | 2% | 29% |
| 01 Jul 2022 - 31 Dec 2022 | 08 Feb 2023 | 16 | 89% | 9% | 2% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 18 | 81% | 17% | 2% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 20 | 74% | 23% | 3% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 24 | 48% | 49% | 3% | 43% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Jan 2021 | 21 | 56% | 42% | 2% | 45% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 21 | 62% | 35% | 3% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 19 | 71% | 26% | 3% | 32% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 28 | 62% | 26% | 12% | 40% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 29 | 58% | 28% | 14% | 44% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 37 | 49% | 34% | 17% | 54% |
Company Summary
KELLOGG BROWN & ROOT LIMITED, also known as KBR, is a global engineering, construction, and services company
They offer a wide range of products and services, including engineering and construction, technology and consulting, and government services
The company has been in operation for over a century and has a strong commitment to sustainability
One of KBR's key sustainability initiatives is their "Global Sustainability Framework," which aims to minimize the company's environmental impact, promote sustainable practices, and support community development
They also have a "Sustainability Council" made up of senior leaders to oversee and guide their sustainability efforts
In addition to their sustainability program, KBR is known for its engineering and construction services, including the design and construction of various infrastructure projects such as roads, bridges, and airports
They also offer technology and consulting services, with a focus on cybersecurity, digitalization, and energy efficiency
The company's key people include Stuart Bradie, the President and CEO, and Mark Sopp, the Executive Vice President and CFO
KBR has a global presence, with offices and projects in over 40 countries
Their registered office address is 1 Redcliff Street, Bristol, BS1 6NP, United Kingdom
Their website address is www.kbr.com, where more information about their services, sustainability initiatives, and contact details can be found
KBR continues to be a leader in the engineering and construction industry, with a strong commitment to sustainability and community development
Company Review
Trend Analysis
The average time taken for KELLOGG BROWN & ROOT LIMITED to pay invoices to suppliers has decreased steadily over the past three periods, with the biggest decrease seen between 2018-01-01 and 2020-01-01. The percentage of invoices paid within 30 days has also increased over the three periods, while the percentage of invoices paid later than 60 days has decreased.
Volatility Analysis
Overall, there has been a decrease in volatility in KELLOGG BROWN & ROOT LIMITED's payment performance over the past three periods, with a more consistent trend towards paying invoices earlier.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
i. The business’ standard payment terms: a. The standard contractual length of time for payment of invoices. The Company does not have standard terms, every project / client has different requirements, so the terms are agreed at the time of placing an order / sub- contract. The most frequent used payment terms are 30 days, 14 days and zero (where paid against pre agreed payment milestones) The most common terms of payment for the bank payments is 30 days (contracts where invoices are paid by bank transfers have the length of time of payment of invoices of 30 days - more than a half of all such payments). The Company uses other terms of payments, such as: -invoices payable immediately (where paid against agreed payment milestones); - invoices payable in 45 days; - invoices payable in 60 days. Payments made using AMEX and BoA cards are either prepayments or immediate payments upon receipt of an invoice, on average within 2 days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
ii. The business’ process for resolving disputes related to payment. • For goods, if the invoice has not been presented in the correct format as detailed within the Order it will be returned to the Supplier stating why it has been returned. If this results into a dispute the Supplier will contact the Buyer (details on Order) to resolve issue. • For subcontracts, a Dispute Resolutions clause is included within each contract detailing the agreed process to settle disputes within 30 days. The contract will also include all the relevant contact details as appropriate.
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