ALTRAD BABCOCK LIMITED

PaymentCheck Score 2025
38Poor
14.2vs last year
#4132 in UK
#205 in Professional Services
#328 in North West

Company Information

Company Number
00839354
Registered Address
6-7 Lyncastle Way Barleycastle Lane, Appleton, Warrington, England, WA4 4ST
Status
Active
Employee Count
2,208
Turnover
£334,901,000
EBITDA
-£72,327,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 March 1965
Nature of Business
28990 - Manufacture of other special-purpose machinery not elsewhere classified
Industries
Professional Services,Property,Infrastructure And Construction
Region
North West

Time to Pay

Average Time to Pay
67 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
9%
31-60 Days
47%
After 60 Days
44%
Not Paid Within Terms30%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
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 average time taken for ALTRAD BABCOCK LIMITED to pay invoices has remained relatively consistent between 2018 and 2023, with a slight increase from 64 days to 67 days. However, there was a significant increase in the percentage of invoices paid later than 60 days in 2020, which has since decreased in 2021 and 2022. Additionally, the percentage of invoices not paid within agreed terms has decreased steadily from 42% in 2018 to 23% in 2022.

Volatility Analysis

The data for ALTRAD BABCOCK LIMITED shows some volatility in the percentage of invoices paid later than 60 days, with a peak of 57% in 2019 and a low of 23% in 2022. There is also some volatility in the percentage of invoices not paid within agreed terms, with a low of 34% in 2021 and a high of 48% in 2019.

Summary Analysis

Between 2018 and 2023, ALTRAD BABCOCK LIMITED has shown a consistent average time to pay of 64-73 days. However, there has been a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days. The worst period for ALTRAD BABCOCK LIMITED was in 2020 when 60% of invoices were paid later than 60 days. In contrast, the best period for early payment was in 2022 when 12% of invoices were paid within 30 days.

Performance Reports History

Reporting Period Filed: 2023-08-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2025 - 31 Aug 202503 Sept 20256124%41%35%51%
01 Sept 2024 - 28 Feb 202513 Mar 2025746%25%69%56%
01 Sept 2023 - 29 Feb 202413 Mar 2024767%32%61%45%
01 Jan 2023 - 30 Jun 202324 Aug 2023679%47%44%30%
01 Jul 2022 - 31 Dec 202231 Jan 20236512%46%42%24%
01 Jan 2022 - 30 Jun 202229 Jul 20226610%47%43%23%
01 Jul 2021 - 31 Dec 202127 Jan 2022669%46%45%34%
01 Jan 2021 - 30 Jun 202126 Jul 2021688%38%54%37%
01 Jul 2020 - 31 Dec 202029 Jan 20216910%41%49%35%
01 Jan 2020 - 30 Jun 202029 Jul 2020738%38%54%37%
01 Jul 2019 - 31 Dec 201931 Jan 2020736%37%57%40%
01 Jan 2019 - 30 Jun 201908 Aug 2019678%41%51%48%
01 Jul 2018 - 31 Dec 201808 Jul 2019679%42%49%44%
01 Jan 2018 - 30 Jun 201808 Aug 2018649%46%45%42%

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

Vendors terms are normally contractually agreed as 60 days end of month. Unique payment terms may be agreed for specific contracts.

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

The Accounts payable team or the sub contracts procurement team are the initial point of contact for any disputes or complaints. Queries regarding acceptability of payment terms are referred to the Head of Accounting for resolution.

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

ALTRAD BABCOCK LIMITED is a leading provider of industrial services and solutions in the UK. With a strong focus on sustainability, the company offers a wide range of products and services to various industries such as construction, energy, and infrastructure.

Their sustainability program includes initiatives to reduce carbon footprint, promote renewable energy, and minimize waste in their operations. They also prioritize ethical and responsible business practices, as well as employee health and safety.

The company's products and services include scaffolding, insulation, painting, and access solutions for industrial plants, as well as maintenance and asset management services. They also offer temporary power and lighting solutions for construction sites.

Key people at ALTRAD BABCOCK LIMITED include the CEO, Paul Crotty, and the Managing Director, Ian Dewar. They are supported by a team of experienced professionals who are committed to delivering high-quality services to their clients.

The company's registered office address is located at 25 Savile Row, London, W1S 2ES. They can be contacted via their website, www.altrad.com, or through their customer service hotline at 0333 202 0708.

In conclusion, ALTRAD BABCOCK LIMITED is a reputable company in the UK that prioritizes sustainability in their operations while offering a wide range of industrial services and solutions. With a strong leadership team and a commitment to responsible practices, they continue to be a trusted partner for various industries in the country.

Financial Metrics

Cash
£30,383,000
Net Worth
£22,735,000
Total Current Assets
£106,773,000
Total Current Liabilities
£100,263,000

Company Location