| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 52 | 26% | 26% | 48% | 78% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 52 | 19% | 38% | 42% | 65% |
| 01 Jun 2023 - 31 Dec 2023 | 25 Jan 2024 | 67 | 0% | 54% | 46% | 68% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 38 | 41% | 48% | 11% | 77% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 50 | 32% | 33% | 35% | 68% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 70 | 8% | 43% | 49% | 71% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 63 | 10% | 50% | 40% | 54% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 51 | 24% | 42% | 34% | 59% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2021 | 69 | 27% | 31% | 42% | 58% |
This information is as reported by the business, and responses are in their own words.
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
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.
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.
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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.
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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.
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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
AMEC FOSTER WHEELER LIMITED is a multinational engineering and construction company that provides a wide range of services in the energy, environment, and infrastructure sectors. The company was formed in 2014 through the merger of AMEC plc and Foster Wheeler AG and is headquartered in London, United Kingdom.
The company's sustainability program is a key focus for AMEC FOSTER WHEELER LIMITED, with a commitment to reducing their environmental impact and promoting sustainable practices throughout their operations. This includes setting targets for reducing carbon emissions, implementing waste reduction and recycling initiatives, and promoting biodiversity conservation.
AMEC FOSTER WHEELER LIMITED offers a variety of products and services, including engineering, project management, procurement, and construction services. Their expertise covers a range of industries, such as oil and gas, power, mining, and infrastructure.
The key people at AMEC FOSTER WHEELER LIMITED include Chief Executive Officer, Jonathan Lewis, and Chairman, Roy Franklin. The company employs over 36,000 people worldwide and has a global presence with offices and projects in over 55 countries.
For more information on AMEC FOSTER WHEELER LIMITED, including their sustainability program, products and services, and key people, you can visit their website at www.amecfw.com. Their registered office address is Booths Park, Chelford Road, Knutsford, Cheshire, WA16 8QZ, United Kingdom.
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