OWENS (ROAD SERVICES) LIMITED

Company Information

Company Number
01301976
Registered Address
Owens Group Head Office Yspitty Road, Bynea, Llanelli, Carmarthenshire, Wales, SA14 9TG
Status
Active
Employee Count
984
Turnover
£110,417,000
EBITDA
£8,794,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 March 1977
Nature of Business
49410 - Freight transport by road
52103 - Operation of warehousing and storage facilities for land transport activities
52219 - Other service activities incidental to land transportation, not elsewhere classified
52290 - Other transportation support activities
Industries
Supply Chain,Manufacturing And Commerce Models
Region
Wales

Time to Pay

Average Time to Pay
50 days
Shortest Period:30 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
24%
31-60 Days
57%
After 60 Days
19%
Not Paid Within Terms7%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Although we have standard terms we try to take a more flexible approach to the usual approval methods.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

120

Dispute Resolution Process

We operate a purchase order system however any disputes are dealt with by an experienced purchase ledger officer and would be settled amicably by discussing with the supplier concerned and 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

OWENS (ROAD SERVICES) LIMITED is a UK-based company that specializes in providing road services to its customers. The company was founded in 1985 and has since grown to become a leading player in the road services industry.

The company's main activities include road maintenance, road marking, and traffic management services. They also offer a wide range of products such as road signs, barriers, and safety equipment to support their services.

OWENS is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have invested in eco-friendly vehicles, use sustainable materials in their road construction projects, and promote recycling and waste reduction within their operations.

The company's key people include its managing director, Mr. John Owens, who has over 30 years of experience in the road services industry. They also have a team of highly skilled and trained employees who ensure the delivery of high-quality services to their customers.

For more information on their services, products, and sustainability program, customers can visit their website at www.owensroadservices.co.uk. The company's registered office address is Unit 3, Millmead Industrial Centre, Millmead Road, London SE6 3JW. Overall, OWENS (ROAD SERVICES) LIMITED is a reliable and sustainable choice for all road service needs in the UK.

Financial Metrics

Cash
£1,427,048
Net Worth
£25,254,779
Total Current Assets
£29,266,461
Total Current Liabilities
£28,906,098

Company Location