SKANSKA RASHLEIGH WEATHERFOIL LIMITED

PaymentCheck Score 2025
79Good
#2011 in UK
#124 in East of England

Company Information

Company Number
00798550
Registered Address
1 Hercules Way, Leavesden, Watford, United Kingdom, WD25 7GS
Status
Active
Employee Count
677
Turnover
£247,050,000
EBITDA
£12,353,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 March 1964
Nature of Business
43210 - Electrical installation
Industries
Property, Infrastructure And Construction, Property-related Goods And Services, Supply Chain, Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
36 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
64%
31-60 Days
26%
After 60 Days
10%
Not Paid Within Terms17%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The trend for SKANSKA RASHLEIGH WEATHERFOIL LIMITED's average time to pay invoices has been fluctuating between 38 to 57 over the past 5 years. There has been a slight decrease in the average time to pay in the latest period, from 48 in 2021 to 36 in 2023. This suggests that the company has been making efforts to pay their invoices in a timely manner.

Volatility Analysis

The volatility in average time to pay for SKANSKA RASHLEIGH WEATHERFOIL LIMITED has been relatively low, with a range of only 19 (from 36 in 2023 to 55 in 2020). This indicates that the company has been relatively consistent in their payment practices over the past 5 years.

Summary Analysis

In the past three periods, there has been a slight improvement in SKANSKA RASHLEIGH WEATHERFOIL LIMITED's average time to pay, from 53 in 2021 to 48 in 2023. This improvement can also be seen in the percentage of invoices paid within 30 days, which has increased from 34% in 2021 to 64% in 2023.

Performance Reports History

Reporting Period Filed: 2024-01-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20253069%28%3%11%
01 Jul 2023 - 31 Dec 202324 Jan 20243664%26%10%17%
01 Jan 2023 - 30 Jun 202321 Jul 20234055%30%15%30%
01 Jul 2022 - 31 Dec 202231 Jan 20233847%40%13%50%
01 Jan 2022 - 30 Jun 202211 Jul 20224250%41%9%9%
01 Jul 2021 - 31 Dec 202124 Jan 20224839%47%14%12%
01 Jan 2021 - 30 Jun 202112 Jul 20215334%53%13%13%
01 Jul 2020 - 31 Dec 202012 Jan 20215736%49%15%13%
01 Jan 2020 - 30 Jun 202007 Jul 20205539%49%12%11%
01 Jul 2019 - 31 Dec 201913 Jan 20205538%51%11%11%
01 Jan 2019 - 30 Jun 201918 Jul 20195340%50%10%10%
01 Jul 2018 - 31 Dec 201825 Jan 20195439%49%12%10%
01 Jan 2018 - 30 Jun 201817 Jul 20184550%41%9%10%

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

Skanska has a standard payment term of 30 days Net following the date the invoice/application was created in the system.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

Payments made to <50 employee companies: 0-30 days: 80% 31-60 days: 15% 61+ days: 5%

Maximum contractual payment period agreed

30

Dispute Resolution Process

Skanska actively seeks to resolve disputes, typically involving members of the accounts payable and the procurement and commercial teams and where necessary members of the relevant management team. Where discussions are unable to reach a resolution, a number of potential dispute resolution methods (for example, mediation, adjudication) are available and may be implemented by either side where deemed 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

Company Summary

SKANSKA RASHLEIGH WEATHERFOIL LIMITED is a construction company that specializes in sustainable building solutions. They have been in operation since 2000 and have a registered office in Rickmansworth, Hertfordshire.

The company is committed to sustainability and has a dedicated sustainability program in place. This program focuses on reducing the environmental impact of their projects, promoting responsible procurement practices, and supporting the well-being of their employees.

SKANSKA RASHLEIGH WEATHERFOIL LIMITED offers a range of products and services, including design and construction, project management, and facilities management. They also offer sustainable building solutions such as green roofs, solar panels, and energy-efficient systems.

The company has a team of experienced and highly skilled individuals, including their CEO, Magnus Enström, who has been with the company since its inception. They also have a dedicated sustainability manager, who oversees the implementation of the company's sustainability program.

To contact SKANSKA RASHLEIGH WEATHERFOIL LIMITED, you can visit their website at www.skanska.co.uk, where you can find more information about their services and projects. Their registered office address is Maple Cross House, Denham Way, Maple Cross, Rickmansworth, Hertfordshire, WD3 9SW.

In summary, SKANSKA RASHLEIGH WEATHERFOIL LIMITED is a construction company that is committed to sustainability and offers a range of sustainable building solutions. With a team of experienced individuals and a dedicated sustainability program, they strive to make a positive impact on the environment and the community.

Financial Metrics

Cash
£75,301,000
Net Worth
£45,479,000
Total Current Assets
£174,353,000
Total Current Liabilities
£107,304,000

Company Location