CIS SECURITY LTD

Company Information

Company Number
01555444
Registered Address
418 -426 Lewisham High Street, Lewisham, London, SE13 6LJ
Status
Active
Employee Count
2,439
Turnover
£109,835,000
EBITDA
£4,476,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 April 1981
Nature of Business
80200 - Security systems service activities
Industries
Professional Services,Safety And Security
Region
London

Time to Pay

Average Time to Pay
32 days
Shortest Period:14 days
Longest Period:45 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
66%
31-60 Days
31%
After 60 Days
3%
Not Paid Within Terms1%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-12-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Aug 2018 - 31 Jan 201905 Jul 20193265%32%3%1%

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 most frequently used payment terms are 30 days from date of invoice

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

All disputes are notified to the supplier either by the Finance team or the department requesting the supply, very effort is made to resolve the dispute within the payment terms on the invoice

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

CIS SECURITY LTD is a leading security company in the UK that provides a wide range of security services to businesses and individuals. The company was founded in 1972 and has since established itself as a trusted and reliable security provider.

The company's services include manned guarding, mobile patrols, CCTV monitoring, key holding, and alarm response. They also offer specialized security solutions such as event security, retail security, and construction site security. CIS SECURITY LTD prides itself on its highly trained and professional security personnel who are equipped to handle any security situation.

In addition to their security services, CIS SECURITY LTD also has a strong sustainability program in place. They are committed to reducing their environmental impact by using eco-friendly products and implementing energy-saving measures in their operations. They also have a strong focus on social responsibility, supporting various charities and community projects.

The company's key people include CEO James Henderson and Managing Director Chris Crone. They have a team of experienced managers and security experts who oversee the day-to-day operations of the company.

CIS SECURITY LTD can be contacted through their website, where customers can request a quote for their services or get more information about their sustainability program. The company's registered office address is located in London, UK.

In conclusion, CIS SECURITY LTD is a reputable security company in the UK that offers a wide range of services to meet the security needs of their clients. Their commitment to sustainability and social responsibility sets them apart from other security providers, making them a top choice for businesses and individuals seeking reliable security solutions.

Financial Metrics

Cash
£27,745
Net Worth
£6,954,816
Total Current Assets
£26,612,262
Total Current Liabilities
£20,432,713

Company Location