| 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?
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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 private limited company registered in Knutsford, Cheshire, incorporated in November 1982. It was originally known as Amec PLC, then renamed Amec Foster Wheeler PLC in 2014, before becoming Amec Foster Wheeler Limited in 2017. Companies House records its nature of business as that of a holding company and head office activities, rather than an operating trading business. Its person with significant control is recorded as John Wood Group Holdings Limited, indicating it forms part of a wider corporate group. The company remains active, filing regular confirmation statements and annual accounts, and has registered several charges in recent years, but the evidence provided does not describe specific products or services traded directly by this entity.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk