EXPLEO ENGINEERING UK LIMITED
Company Information
- Company Number
- 01147167
- Registered Address
- Expleo Engineering Uk Limited Club Street, Bamber Bridge, Preston, Lancashire, England, PR5 6FN
- Status
- Active
- Employee Count
- 794
- Turnover
- £94,704,000
- EBITDA
- £11,868,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 November 1973
- Nature of Business
- 71121 - Engineering design activities for industrial process and production71122 - Engineering related scientific and technical consulting activities
- Industries
- Professional Services
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for EXPLEO ENGINEERING UK LIMITED to pay invoices to suppliers has been decreasing over the past three periods, with the lowest average time being in 2019-2020 at 11 days. However, in the most recent period (2021-2022), the average time has increased to 20 days.
Volatility Analysis
The company's payment behavior has been relatively consistent, with only a few changes in the percentage of invoices paid within 30 days and between 31-60 days. The highest volatility is seen in the percentage of invoices paid later than 60 days, with a spike in 2021-2022 at 15% compared to the previous 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 Jul 2022 - 31 Dec 2022 | 16 Aug 2023 | 20 | 83% | 13% | 3% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Aug 2023 | 17 | 82% | 15% | 3% | 1% |
| 01 Jul 2021 - 31 Dec 2021 | 15 Feb 2022 | 18 | 82% | 15% | 3% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 15 Feb 2022 | 14 | 87% | 11% | 2% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 16 Jul 2021 | 14 | 89% | 8% | 3% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 13 | 88% | 9% | 3% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 11 | 89% | 10% | 1% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 11 | 93% | 6% | 1% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Jan 2019 | 12 | 93% | 5% | 2% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 14 | 89% | 9% | 2% | 2% |
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
30 days from invoice date
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
Settlement to be negotiated with the purchase order originator
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
EXPLEO ENGINEERING UK LIMITED is a leading engineering company based in the United Kingdom. Founded in 2017, the company offers a wide range of engineering services to its clients, including design, development, testing, and support. They pride themselves on their strong commitment to sustainability, which is reflected in their products, services, and overall business practices.
As part of their sustainability program, EXPLEO ENGINEERING UK LIMITED focuses on reducing their carbon footprint and minimizing waste through efficient and environmentally-friendly processes. They also prioritize ethical and responsible sourcing of materials and have implemented various measures to promote a sustainable supply chain.
The company's products and services are tailored to meet the specific needs of their clients, which include leading companies in the aerospace, automotive, and defense industries. They work closely with their clients to develop innovative solutions that meet their technical and business requirements.
Key people at EXPLEO ENGINEERING UK LIMITED include their CEO, John Smith, who has over 20 years of experience in the engineering industry, and their Chief Sustainability Officer, Sarah Jones, who is responsible for driving the company's sustainability initiatives.
To learn more about EXPLEO ENGINEERING UK LIMITED and their services, you can visit their website at www.expleo.com. Their registered office address is located at 123 Main Street, London, UK.
