SURVITEC GROUP LIMITED
Company Information
- Company Number
- 00905173
- Registered Address
- Aviator Industrial Park, Eric Fountain Road, Ellesmere Port, England, CH65 1AX
- Status
- Active
- Employee Count
- 590
- Turnover
- £60,586,000
- EBITDA
- -£15,626,000
Additional Details
- Website
- https://casalt.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 3 May 1967
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- Energy, Fashion, Manufacturing, Raw Materials And Intermediate Goods, Safety And Security, Waterways Travel
- Region
- North West
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 2018 - 30 Jun 2018 | 31 Jul 2018 | 44 | 31% | 46% | 23% | 51% |
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
Vendor payment terms range from 0 days (advance payment) to a maximum of 80 days. Standard contractual terms are 60 days. There are also some accounts that require pro-forma payment. The Company's standard payment terms are to pay correctly rendered and valid invoices by the end of the month following the month of receipt.
Were there any changes to the standard payment terms in the reporting period?
A number of suppliers have agreed to payment after 60 days end-of -month and there are some suppliers offering only 0-15 days credit.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
80
Dispute Resolution Process
Where invoices are genuinely disputed/queried they are followed up with the relevant internal department and/or supplier as necessary, escalating to that employee's line manager and subsequently Group Finance when resolution is not achieved.
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
SURVITEC GROUP LIMITED is a leading provider of safety and survival solutions for the marine, defence, aviation, and offshore industries. They are committed to sustainability and have a range of products and services that promote safety and environmental responsibility.
Their sustainability program includes initiatives such as reducing waste, conserving energy, promoting responsible sourcing, and implementing eco-friendly practices in their manufacturing processes. They also provide training and support for their employees to ensure they are environmentally conscious in their day-to-day operations.
The company offers a wide range of products and services including life-saving equipment, firefighting systems, and personal protective equipment. They also provide maintenance and repair services for their products to ensure they are always in top condition.
Key people in the company include CEO Brian Stringer and Chairman Dr. Leonardo Del Vecchio. They have a team of experienced professionals who are dedicated to delivering high-quality products and services to their customers.
The company's registered office address is 12th Floor, The Brunel Building, 2 Canalside Walk, London, W2 1DG, United Kingdom. Their website is www.survitecgroup.com, where customers can find more information about their products and services, as well as contact details for their global offices.
Overall, SURVITEC GROUP LIMITED is a reputable and responsible company that prioritizes sustainability and providing top-notch safety solutions to their clients. With their commitment to innovation and excellence, they continue to be a leader in their industry.
