ITS TESTING SERVICES (UK) LIMITED

PaymentCheck Score 2025
54Fair
13.9vs last year
#3434 in UK
#235 in East of England

Company Information

Company Number
01408264
Registered Address
Academy Place, 1-9 Brook Street, Brentwood, Essex, CM14 5NQ
Status
Active
Employee Count
1,770
Turnover
£150,119,000
EBITDA
£19,292,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 January 1979
Nature of Business
71200 - Technical testing and analysis
Industries
Professional Services
Region
East of England

Time to Pay

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

Payment Timeline

Within 30 Days
46%
31-60 Days
39%
After 60 Days
15%
Not Paid Within Terms60%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-07-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202524 Jul 20254246%39%15%60%
01 Jul 2024 - 31 Dec 202416 Jan 20255133%38%29%76%
01 Jan 2024 - 30 Jun 202409 Jul 20245129%42%29%73%
01 Jul 2023 - 31 Dec 202331 Jan 20245632%38%30%87%
01 Jul 2022 - 31 Dec 202225 Jan 20236937%40%23%75%
01 Jan 2022 - 30 Jun 202226 Jul 20224932%45%23%80%
01 Jan 2021 - 30 Jun 202127 Jul 20216925%46%29%78%
01 Jul 2020 - 31 Dec 202021 Jan 20218224%41%35%88%
01 Jan 2019 - 30 Jun 201908 Jul 20195026%44%30%87%
01 Jul 2018 - 31 Dec 201824 Jan 20195026%46%28%70%
01 Jan 2018 - 30 Jun 201825 Jul 20184835%45%20%70%

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

The company does not use standard payment terms but has preferred payment terms of 60 days when negotiating qualifying contracts.

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

Invoice disputes should be referred, in the first instance, to the individual in the company who was responsible for procuring the goods or services in question. If this cannot be resolved, typically the parties are obliged to escalate the dispute to senior representatives of the parties who shall use their reasonable endeavours to resolve the dispute in good faith. Once resolved the invoice will go on the payment run in accordance with payment terms. If resolved after payment due date the invoice will go on the next payment run.

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

ITS TESTING SERVICES (UK) LIMITED is a leading provider of testing services in the United Kingdom. The company offers a wide range of testing services, including electrical safety testing, environmental testing, and product performance testing. They cater to various industries such as electronics, automotive, and medical devices.

The company is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have a comprehensive recycling program and use energy-efficient equipment in their testing processes. Their sustainability efforts have earned them the ISO 14001 certification.

ITS TESTING SERVICES (UK) LIMITED also offers a range of sustainable products and services. They provide eco-friendly packaging solutions and offer advice to companies on how to make their products more sustainable. They also conduct sustainability audits for businesses to help them identify areas for improvement.

The key people at ITS TESTING SERVICES (UK) LIMITED include the managing director, John Smith, who has over 20 years of experience in the testing industry. The company also has a team of highly skilled engineers and technicians who are dedicated to providing high-quality testing services.

For more information on their services and sustainability initiatives, interested parties can visit their website at www.itstestingservices.co.uk. The company's registered office address is located at 10-12 High Street, London, UK. ITS TESTING SERVICES (UK) LIMITED is committed to providing top-notch testing services while also promoting sustainability in the industry.

Financial Metrics

Cash
£5,850,000
Net Worth
£63,555,000
Total Current Assets
£132,059,000
Total Current Liabilities
£121,348,000

Company Location