SPARROWS OFFSHORE SERVICES LIMITED
Company Information
- Company Number
- 00845839
- Registered Address
- 30 Crown Place, London, EC2A 4ES
- Status
- Active
- Employee Count
- 1,442
- Turnover
- £146,414,000
- EBITDA
- £1,481,000
Additional Details
- Website
- https://sparrowsgroup.com
- Company Type
- Private limited Company
- Incorporated On
- 14 April 1965
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Jan 2025 - 30 Jun 2025 | 04 Aug 2025 | 46 | 37% | 26% | 37% | 28% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 54 | 31% | 23% | 46% | 39% |
| 01 Jul 2023 - 31 Dec 2023 | 17 Jan 2024 | 50 | 33% | 26% | 41% | 27% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Feb 2023 | 43 | 42% | 23% | 35% | 21% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Aug 2022 | 39 | 44% | 28% | 28% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 02 Mar 2022 | 44 | 36% | 31% | 33% | 13% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Sept 2021 | 44 | 37% | 32% | 31% | 17% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Mar 2021 | 45 | 38% | 27% | 35% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 12 Oct 2020 | 47 | 33% | 30% | 37% | 32% |
| 01 Jul 2019 - 31 Dec 2019 | 25 Mar 2020 | 47 | 37% | 29% | 34% | 35% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Oct 2019 | 43 | 37% | 32% | 31% | 31% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Feb 2019 | 43 | 38% | 30% | 32% | 30% |
| 01 Jan 2018 - 30 Jun 2018 | 29 Oct 2018 | 44 | 36% | 34% | 30% | 31% |
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
Sparrows standard payment terms are 75 days after receipt by Sparrows of a correctly prepared & adequately supported invoice to the address stated in the contract
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Supplier payment runs are generally carried out once per week which can lead to payment being made a few days over the payment terms
Maximum contractual payment period agreed
90
Dispute Resolution Process
Sparrows seeks to advise suppliers promptly of any disputes or reasons why an invoice will not be paid in accordance with the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute. Depending on the issue, Procurement or the Requisitioner may be involved to resolve any disputes. Once resolved, payment will be made in accordance with the terms of the contract.
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
SPARROWS OFFSHORE SERVICES LIMITED is a leading provider of oil and gas services to the global energy industry
The company is committed to sustainable operations and has implemented various initiatives to reduce their environmental impact.\n\nTheir sustainability program focuses on reducing emissions, conserving resources, and promoting responsible waste management
They also prioritize the health and safety of their employees and aim to create a positive impact on the communities in which they operate.\n\nSPARROWS OFFSHORE SERVICES LIMITED offers a wide range of products and services including crane and lifting solutions, engineering and maintenance services, and training and competency assessments
They have a team of highly skilled and experienced professionals who are dedicated to delivering quality services to their clients.\n\nSome key people in the company include Stewart Mitchell, the Group CEO, and Doug Sedge, the Group Head of Health, Safety, Security, and Environment.\n\nTheir website address is www.sparrowsgroup.com and their registered office address is Sparrows Offshore Services Limited, 15A Dyce Drive, Dyce, Aberdeen, AB21 0LX
Overall, SPARROWS OFFSHORE SERVICES LIMITED is a reliable and sustainable partner for the energy industry, constantly striving for excellence in their operations
