ADT FIRE AND SECURITY PLC
Company Information
- Company Number
- 01161045
- Registered Address
- Security House The Summit, Hanworth Road, Sunbury On Thames, Middlesex, TW16 5DB
- Status
- Active
- Employee Count
- 2,749
- Turnover
- £382,166,000
- EBITDA
- £51,053,000
Additional Details
- Website
- https://adt.co.uk
- Company Type
- Public limited Company
- Incorporated On
- 22 February 1974
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Safety And Security
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken by ADT FIRE AND SECURITY PLC to pay invoices has remained relatively stable over the past three periods, with a slight decrease from 25 days in Apr 2017 to 24 days in Mar 2018.
Volatility Analysis
The volatility in ADT FIRE AND SECURITY PLC's invoice payment can be seen in the percentage of invoices paid within 30 days and those paid later than 60 days. While there has been a consistent 84% of invoices paid within 30 days, the percentage of invoices paid later than 60 days has fluctuated between 11% and 14% over the past three periods.
Summary Analysis
From Apr 2017 to Mar 2018, ADT FIRE AND SECURITY PLC has maintained an average time to pay of 24 days. The majority of their invoices (84%) are paid within 30 days, but there has been a consistent percentage (11-14%) of invoices paid later than 60 days. The company has also consistently met their agreed payment terms, with 100% of invoices paid within their shortest standard payment period of 25 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 Oct 2017 - 31 Mar 2018 | 01 May 2018 | 24 | 84% | 5% | 11% | 25% |
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
60 days end of month
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
90
Dispute Resolution Process
Suppliers are encouraged to contact the Company accounts Payables team in order to discuss queries. If further discussion is required the Procurement Department will be responsible for resolution. Further elevation according to the Company ‘Delegation of Authority’ is normal procedure
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
ADT FIRE AND SECURITY PLC is a leading provider of security and fire protection solutions in the UK. They offer a wide range of services to both residential and commercial customers, with a focus on sustainability and innovation.
Their sustainability program is at the core of their operations, and they are committed to reducing their environmental impact through responsible business practices. This includes using energy-efficient products, implementing recycling and waste reduction initiatives, and promoting sustainable transportation among their employees.
ADT FIRE AND SECURITY PLC offers a range of products and services to meet the diverse needs of their customers. These include burglar alarms, CCTV systems, fire detection and suppression systems, and access control solutions. They also offer remote monitoring services and maintenance plans to ensure the continued safety and security of their clients.
The company's key people include their CEO, Jim Aspinall, who has over 20 years of experience in the security industry. Their board of directors consists of highly experienced professionals with a diverse range of expertise in security, finance, and technology.
Customers can contact ADT FIRE AND SECURITY PLC through their website, where they can find information about their products and services, request a quote, or schedule a consultation. The company's registered office address is 3rd Floor, Southside, 105 Victoria Street, London, SW1E 6QT.
In summary, ADT FIRE AND SECURITY PLC is a reputable and sustainable company that offers a wide range of security and fire protection solutions to their customers. With a focus on innovation and responsible business practices, they continue to be a leader in the industry and a trusted partner for many individuals and businesses in the UK.
