CEMENTATION SKANSKA LIMITED
Company Information
- Company Number
- 00937574
- Registered Address
- 1 Hercules Way, Leavesden, Watford, United Kingdom, WD25 7GS
- Status
- Active
- Employee Count
- 324
- Turnover
- £64,179,000
- EBITDA
- £5,903,000
Additional Details
- Website
- https://skanska.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 21 August 1968
- Nature of Business
- 41201 - Construction of commercial buildings
- Industries
- Property, Infrastructure And Construction
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for CEMENTATION SKANSKA LIMITED shows a fluctuating trend in the average time taken to pay invoices over the past three periods. In the first period from Jan 2018 to Jun 2018, the average time was 43 days. This decreased to 42 days in the second period from Jul 2018 to Dec 2018, but increased to 52 days in the following period from Jan 2019 to Jun 2019. This trend continued with a decrease to 48 days in the period from Jul 2019 to Dec 2019, followed by an increase to 57 days in the period from Jan 2020 to Jun 2020. The trend then showed a decrease to 44 days in the following period from Jul 2020 to Dec 2020, but increased again to 48 days in the period from Jan 2021 to Jun 2021. The most recent data from Jul 2021 to Dec 2021 shows a decrease to 44 days, indicating a slight overall decrease in the average time taken to pay invoices over the past three periods.
Volatility Analysis
The data for CEMENTATION SKANSKA LIMITED shows a high level of volatility in the percentage of invoices paid within 30 days and between 31 and 60 days. In the period from Jan 2018 to Jun 2018, the percentage of invoices paid within 30 days was 57% and increased to 51% in the following period from Jul 2018 to Dec 2018. However, in the next period from Jan 2019 to Jun 2019, this percentage dropped to 49%. The trend continued with an increase to 54% in the period from Jul 2019 to Dec 2019, followed by a decrease to 40% in the period from Jan 2020 to Jun 2020. This trend then showed an increase to 51% in the following period from Jul 2020 to Dec 2020, but decreased again to 40% in the period from Jan 2021 to Jun 2021. The most recent data from Jul 2021 to Dec 2021 shows a slight increase to 41%. In contrast, there is less volatility in the percentage of invoices paid later than 60 days, which remains relatively consistent at around 7-11% over the past three periods.
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 | 29 Jul 2025 | 30 | 62% | 36% | 2% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 32 | 54% | 44% | 2% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 35 | 54% | 39% | 7% | 21% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 37 | 42% | 51% | 7% | 31% |
| 01 Jan 2022 - 30 Jun 2022 | 11 Jul 2022 | 45 | 49% | 43% | 8% | 8% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 44 | 40% | 49% | 11% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 12 Jul 2021 | 48 | 51% | 42% | 7% | 10% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2021 | 57 | 48% | 44% | 8% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 07 Jul 2020 | 52 | 49% | 41% | 10% | 10% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Jan 2020 | 42 | 46% | 49% | 5% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 42 | 49% | 43% | 8% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 42 | 51% | 44% | 5% | 4% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jul 2018 | 43 | 57% | 39% | 4% | 4% |
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
Skanska has a standard payment term of 30 days Net following the date the invoice/application was created in the system.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Payments made to <50 employee companies: 0-30 days: 83% 31-60 days: 16% 61+ days: 1%
Maximum contractual payment period agreed
30
Dispute Resolution Process
Skanska actively seeks to resolve disputes, typically involving members of the accounts payable and the procurement and commercial teams and where necessary members of the relevant management team. Where discussions are unable to reach a resolution, a number of potential dispute resolution methods (for example, mediation, adjudication) are available and may be implemented by either side where deemed appropriate.
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
CEMENTATION SKANSKA LIMITED is a UK-based construction company that specializes in providing sustainable and innovative solutions for the built environment. Founded in 1994, the company is a subsidiary of Skanska, one of the world's leading project development and construction groups.
The company's sustainability program is at the core of its operations, with a commitment to reduce its environmental impact, promote social responsibility, and ensure the health and safety of all its employees. This is achieved through various initiatives such as using renewable energy sources, reducing carbon emissions, and implementing sustainable construction practices.
CEMENTATION SKANSKA LIMITED offers a wide range of products and services, including ground engineering, piling, and tunneling. The company has a strong focus on utilizing cutting-edge technology and techniques to deliver high-quality, cost-effective solutions to its clients. They also prioritize working collaboratively with their clients and stakeholders to ensure successful project delivery.
The key people at CEMENTATION SKANSKA LIMITED include the Managing Director, Neil Corner, and the Head of Sustainability, John Morris. They are supported by a team of experienced and knowledgeable professionals who are dedicated to delivering excellence in every project.
For those interested in contacting CEMENTATION SKANSKA LIMITED, their website is www.cementationskanska.co.uk. Their registered office address is 51 Lincoln's Inn Fields, London, WC2A 3NA, United Kingdom.
In summary, CEMENTATION SKANSKA LIMITED is a leading construction company in the UK that prioritizes sustainability in all aspects of its operations. With a strong focus on innovation, collaboration, and environmental responsibility, the company continues to provide top-notch solutions for the built environment.
