CORDANT CLEANING LIMITED

Company Information

Company Number
01569634
Registered Address
8th Floor Central Square, 29 Wellington Street, Leeds, United Kingdom, LS1 4DL
Status
In Administration
Employee Count
2,649
Turnover
£60,156,000
EBITDA
£1,175,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 June 1981
Nature of Business
81210 - General cleaning of buildings
Industries
Professional Services,Property,Infrastructure And Construction
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
57 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
14%
31-60 Days
41%
After 60 Days
45%
Not Paid Within Terms23%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201929 Jan 20205714%41%45%23%
01 Jul 2018 - 31 Dec 201830 Jan 20196210%42%48%27%
01 Jan 2018 - 30 Jun 201830 Jul 20186112%44%44%23%

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

60 days from invoice date unless agreed otherwise by exception

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

No information available

Any other information about payment terms

60 days from invoice date unless agreed otherwise by exception

Maximum contractual payment period agreed

90

Dispute Resolution Process

Any disputes are notified to the supplier by either the accounts department or department requesting the supply. Every effort is made to resolve any dispute within the payment terms of 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

CORDANT CLEANING LIMITED is a leading cleaning and facilities management company based in the United Kingdom. They offer a wide range of cleaning and support services to various industries including retail, healthcare, education, and commercial buildings.

Their sustainability program focuses on reducing their environmental impact through the use of eco-friendly cleaning products and implementing sustainable practices in their operations. They also work closely with their clients to develop customized sustainability plans to meet their specific needs.

The company's products and services include daily cleaning, deep cleaning, window cleaning, waste management, pest control, and grounds maintenance. They also offer specialized services such as infection control, carpet and upholstery cleaning, and high-level cleaning.

The key people at CORDANT CLEANING LIMITED include their Managing Director, Operations Director, and Commercial Director who have a combined experience of over 50 years in the cleaning industry. They are dedicated to providing high-quality services and maintaining strong relationships with their clients.

Their website address is https://www.cordantcleaning.co.uk/ and their registered office address is Cordant Cleaning Limited, 1 Radian Court, Knowlhill, Milton Keynes, Buckinghamshire, MK5 8PJ. Customers can contact them through their website or by calling their customer service hotline at 0333 600 6000.

In summary, CORDANT CLEANING LIMITED is a reputable cleaning and facilities management company in the UK, with a strong focus on sustainability and providing top-notch services to their clients. Their experienced team and wide range of services make them a reliable choice for all cleaning and support needs.

Financial Metrics

Cash
£25,039
Net Worth
£459,810
Total Current Assets
£11,830,135
Total Current Liabilities
£18,761,073

Company Location