AMEC FOSTER WHEELER LIMITED

PaymentCheck Score 2024
35Poor
14.2vs last year
#5090 in UK
#380 in Financial Services
#400 in North West

Company Information

Company Number
01675285
Registered Address
Booths Park, Chelford Road, Knutsford, Cheshire, WA16 8QZ
Status
Active
Employee Count
0
Turnover
£0
EBITDA
£28,922,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 November 1982
Nature of Business
64209 - Activities of other holding companies not elsewhere classified
70100 - Activities of head offices
Industries
Financial Services
Region
North West

Time to Pay

Average Time to Pay
52 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
19%
31-60 Days
38%
After 60 Days
42%
Not Paid Within Terms65%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202431 Jan 20255226%26%48%78%
01 Jun 2023 - 31 Dec 202325 Jan 2024670%54%46%68%
01 Jan 2020 - 30 Jun 202030 Jul 20216927%31%42%58%

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

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

Dispute Resolution Process

Amec Foster Wheeler Limited are committed to being financially responsible and acting with integrity. We endeavor to resolve all disputes in a fair and timely manner.

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

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.

Financial Metrics

Cash
£0
Net Worth
£429,368,481
Total Current Assets
£366,297,404
Total Current Liabilities
£4,112,557,613

Company Location