EMCOR GROUP UK PLC
Company Information
- Company Number
- 00806888
- Registered Address
- 1 The Crescent, Surbiton, Surrey, KT6 4BN
- Status
- Active
- Employee Count
- 3607.0
- Turnover
- 384993000.0
- EBITDA
- 24737000.0
Additional Details
- Website
- https://fluidics.com/
- Company Type
- Public limited Company
- Incorporated On
- 27 May 1964
- Nature of Business
- 43210 - Electrical installation$43220 - Plumbing, heat and air-conditioning installation$81100 - Combined facilities support activities
- Industries
- Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- London
Company Location
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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 | 59 | 13% | 57% | 30% | 30% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 52 | 14% | 59% | 27% | 31% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 55 | 11% | 57% | 32% | 14% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 56 | 10% | 55% | 35% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 55 | 10% | 55% | 35% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 56 | 10% | 55% | 35% | 15% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 57 | 11% | 53% | 36% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 57 | 11% | 54% | 35% | 17% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 55 | 12% | 54% | 34% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 55 | 12% | 53% | 35% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 56 | 13% | 52% | 35% | 11% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jul 2018 | 56 | 12% | 53% | 35% | 32% |
Company Summary
EMCOR GROUP (UK) PLC is a leading provider of facilities management, engineering, and construction services in the United Kingdom
The company was founded in 2007 and is headquartered in London, with offices located throughout the UK
The company offers a wide range of services, including mechanical and electrical engineering, energy and sustainability solutions, building maintenance, and project management
They provide these services to a diverse range of clients, including commercial, government, and industrial sectors
One of the key focuses of EMCOR GROUP (UK) PLC is sustainability
The company is committed to reducing their environmental impact and promoting sustainable practices
They have implemented various initiatives to achieve this, such as reducing waste and energy consumption, promoting renewable energy, and using eco-friendly materials
The company's sustainability program also includes social responsibility initiatives, such as supporting local communities and promoting diversity and inclusion within their workforce
Some of the key people in EMCOR GROUP (UK) PLC include Keith Chanter, the CEO, and Richard Winter, the CFO
They lead a team of highly skilled and experienced professionals who are dedicated to providing high-quality services to their clients
For more information on their services and sustainability initiatives, interested individuals can visit EMCOR GROUP (UK) PLC's website at www.emcoruk.com
The registered office address is EMCOR House, Fleming Way, Crawley, West Sussex, RH10 9JU
Company Review
Trend Analysis
The average time taken for EMCOR GROUP (UK) PLC to pay invoices has remained relatively consistent over the past three periods, with a slight decrease in 2021. However, there has been a noticeable increase in the percentage of invoices paid later than 60 days in the most recent period.
Volatility Analysis
The volatility of EMCOR GROUP (UK) PLC's payment behavior can be seen in the fluctuation of the percentages of invoices paid within 30 days and later than 60 days. While there was a decrease in the percentage of invoices paid within 30 days in 2021, there was a corresponding increase in the percentage of invoices paid later than 60 days.
Summary Analysis
In the past three periods, EMCOR GROUP (UK) PLC has maintained an average time to pay of 55-56 days. However, there has been a slight decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days. The company has consistently had a short standard payment period of 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms for goods and services are 60 days (from the date of receipt) from the end of the month in which the invoice is received, unless the company employs less than 50 employees. For companies who employ less than 50 employees the terms are 30 days To identify any missing invoices, EMCOR requires suppliers to send statements before a payment is made.
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
EMCOR requires suppliers to quote a purchase order number on their invoices. The invoices must agree to the purchase order provided. If an invoice is received without a purchase order, it will be rejected back to the supplier by email. If the invoice exceeds the purchase order value, it will be queried internally. If a credit is required because the invoice exceeds the purchase order, the supplier will receive an email request. If the invoice agrees to the purchase order but there is some other query, the supplier will receive an email from the operational contact and the supplier must resolve the query with the operational contact before payment of the invoice will be made. Escalation lines are in place to resolve disputes.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
