AMEC FOSTER WHEELER ENERGY LIMITED

PaymentCheck Score 2020
39Poor
New Entry
#4300 in UK
#337 in North West

Company Information

Company Number
01361134
Registered Address
Booths Park, Chelford Road, Knutsford, Cheshire, WA16 8QZ
Status
Active
Employee Count
11
Turnover
£3,387,000
EBITDA
£2,178,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 April 1978
Nature of Business
71121 - Engineering design activities for industrial process and production
Industries
Professional Services
Region
North West

Time to Pay

Average Time to Pay
40 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
26%
31-60 Days
57%
After 60 Days
17%
Not Paid Within Terms76%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-02-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202001 Feb 20214026%57%17%76%
01 Jan 2020 - 30 Jun 202030 Jul 20205424%34%42%73%
01 Jan 2018 - 30 Jun 201827 Jul 20185651%30%19%34%

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

Our Standard Payment terms are 60 days.

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

60

Dispute Resolution Process

Amec Foster Wheeler are committed to being financially responsible and acting with integrity. We endeavor to resolve all disputes in a fair and timely manner. Disputes are typically resolved by discussion between the supplier and the business focal point and in case escalation is required to the business grouping SVP and VP F & A.

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

AMEC FOSTER WHEELER ENERGY LIMITED is a global leader in engineering, procurement, and construction services for the energy, infrastructure, and environment sectors. They are committed to sustainability and have a strong focus on minimizing their environmental impact and promoting social responsibility.

Their sustainability program includes initiatives such as reducing carbon emissions, promoting renewable energy, and implementing sustainable practices in their operations. They also have a strong commitment to diversity and inclusion, with programs in place to support women in leadership and promote diversity in the workplace.

The company offers a wide range of products and services, including engineering design, project management, and consulting services. They specialize in the energy sector, providing solutions for oil and gas, power, and renewable energy projects. They also offer services in the environmental sector, such as waste management and remediation.

The key people at AMEC FOSTER WHEELER ENERGY LIMITED include CEO Jonathan Lewis and Chairman Roy Franklin. They have a team of highly skilled professionals with extensive experience in the energy and environmental sectors.

Their website address is www.amecfw.com, where customers can find more information about their services, sustainability initiatives, and key projects. Their registered office address is Booths Park, Chelford Road, Knutsford, Cheshire, WA16 8QZ, United Kingdom.

In summary, AMEC FOSTER WHEELER ENERGY LIMITED is a global company with a strong commitment to sustainability and providing high-quality products and services in the energy and environmental sectors. They have a dedicated team of professionals who are driving the company towards a more sustainable future.

Financial Metrics

Cash
£5,112,000
Net Worth
£55,009,000
Total Current Assets
£135,902,000
Total Current Liabilities
£54,176,000

Company Location