ALTRAD BABCOCK LIMITED
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
- Website
- https://altradbabcock.com/
- 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
Payment Timeline
Payment Features
Payment Score History
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 | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Mar 2025 - 31 Aug 2025 | 03 Sept 2025 | 61 | 24% | 41% | 35% | 51% |
| 01 Sept 2024 - 28 Feb 2025 | 13 Mar 2025 | 74 | 6% | 25% | 69% | 56% |
| 01 Sept 2023 - 29 Feb 2024 | 13 Mar 2024 | 76 | 7% | 32% | 61% | 45% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Aug 2023 | 67 | 9% | 47% | 44% | 30% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 65 | 12% | 46% | 42% | 24% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 66 | 10% | 47% | 43% | 23% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 66 | 9% | 46% | 45% | 34% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 68 | 8% | 38% | 54% | 37% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 69 | 10% | 41% | 49% | 35% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 73 | 8% | 38% | 54% | 37% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 73 | 6% | 37% | 57% | 40% |
| 01 Jan 2019 - 30 Jun 2019 | 08 Aug 2019 | 67 | 8% | 41% | 51% | 48% |
| 01 Jul 2018 - 31 Dec 2018 | 08 Jul 2019 | 67 | 9% | 42% | 49% | 44% |
| 01 Jan 2018 - 30 Jun 2018 | 08 Aug 2018 | 64 | 9% | 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.