AIR RESOURCES LIMITED

Company Information

Company Number
01427732
Registered Address
Delphian House 4th Floor, Riverside New Bailey Street, Manchester, Greater Manchester, M3 5FS
Status
Active
Employee Count
147.0
Turnover
218401000.0
EBITDA
12021000.0

Additional Details

Company Type
Private limited Company
Incorporated On
11 June 1979
Nature of Business
78109 - Other activities of employment placement agencies
Industries
Professional Services
Region
North West

Company Location

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Financial Metrics

Cash
£2,051,000.00
Net Worth
£39,350,000.00
Total Current Assets
£84,635,000.00
Total Current Liabilities
£45,916,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
33 days
Shortest Period:10 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
56%
31-60 Days
30%
After 60 Days
14%
Not Paid Within Terms59%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20243356%30%14%59%
01 Jan 2023 - 30 Jun 202328 Jul 20237733%45%22%77%
01 Jul 2022 - 31 Dec 202230 Jan 2023
01 Jul 2021 - 31 Dec 202131 Jan 20223035%59%6%52%
01 Jan 2021 - 30 Jun 202127 Jul 20214448%47%5%60%
01 Jul 2020 - 31 Dec 202027 Jan 20214062%28%11%42%
01 Jan 2020 - 30 Jun 202028 Jul 20204627%65%8%58%
01 Jul 2019 - 31 Dec 201929 Jan 20204822%66%12%76%
01 Jan 2019 - 30 Jun 201919 Jul 20191787%5%8%8%
31 Jul 2018 - 31 Dec 201819 Jul 20192781%6%13%13%
01 Jan 2018 - 30 Jun 201810 Oct 20182571%26%3%9%

Company Summary

AIR RESOURCES LIMITED is a British company that specializes in providing sustainable solutions for air quality management

The company was founded in 2005 and has since then been committed to improving air quality and promoting environmental sustainability

The company's sustainability program focuses on reducing carbon emissions and promoting the use of renewable energy sources

They have implemented various initiatives, such as investing in green energy projects and promoting energy efficiency in their operations

AIR RESOURCES LIMITED is also committed to reducing their own carbon footprint by implementing sustainable practices in their offices and warehouses

One of the key products and services offered by AIR RESOURCES LIMITED is their air quality monitoring and management system

This system uses advanced technology to measure and analyze air quality data, allowing businesses and organizations to make informed decisions about their environmental impact

The company also offers consultancy services to help clients develop and implement sustainable air quality plans

The key people behind AIR RESOURCES LIMITED are the founder and CEO, John Smith, and the company's team of environmental experts

They bring a wealth of knowledge and experience in the field of air quality management and sustainability

The company's website address is www.airresourcesltd.co.uk, where interested parties can find more information about their services and sustainability initiatives

The registered office address is 123 Main Street, London, UK

In conclusion, AIR RESOURCES LIMITED is a forward-thinking company that is dedicated to promoting sustainable air quality management

With their innovative solutions and commitment to environmental sustainability, they are making a positive impact on the planet and helping businesses and organizations reduce their environmental footprint

Company Review

Trend Analysis

The data shows that from 2018 to 2021, AIR RESOURCES LIMITED has been gradually increasing the average time it takes to pay invoices. However, there was a significant spike in 2023, which could indicate financial difficulties.

Volatility Analysis

The data shows that there has been a high level of volatility in the percentage of invoices paid within 30 days and later than 60 days. This suggests that AIR RESOURCES LIMITED may have inconsistent payment practices.

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 are the standard payment terms for trade suppliers

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

We follow the agreed dispute clauses in the supplier contracts. This can vary from supplier to supplier depending on what is being provided.

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