GLOBAL MARINE SYSTEMS LIMITED
Company Information
- Company Number
- 01708481
- Registered Address
- Ocean House 1 Winsford Way, Boreham Interchange, Chelmsford, Essex, United Kingdom, CM2 5PD
- Status
- Active
- Employee Count
- 371
- Turnover
- £141,447,000
- EBITDA
- £43,666,000
Additional Details
- Website
- https://globalmarine.group
- Company Type
- Private limited Company
- Incorporated On
- 22 March 1983
- Nature of Business
- 43999 - Other specialised construction activities not elsewhere classified61900 - Other telecommunications activities
- Industries
- Infrastructure And Construction
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 26 | 66% | 30% | 4% | 1% |
| 01 Jul 2024 - 31 Dec 2024 | 14 Feb 2025 | 24 | 68% | 26% | 6% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 26 | 61% | 31% | 8% | 2% |
| 01 Jul 2023 - 31 Dec 2023 | 04 Mar 2024 | 37 | 45% | 35% | 20% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Mar 2024 | 48 | 33% | 32% | 35% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Mar 2024 | 41 | 32% | 45% | 23% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 04 Mar 2024 | 42 | 31% | 35% | 34% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 04 Mar 2024 | 31 | 44% | 42% | 14% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 04 Mar 2024 | 26 | 53% | 39% | 8% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 04 Mar 2024 | 28 | 59% | 35% | 6% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 04 Mar 2024 | 26 | 61% | 32% | 7% | 4% |
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
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
Vendor query - AP team to resolve
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
GLOBAL MARINE SYSTEMS LIMITED is a leading provider of subsea cable installation and maintenance services, operating globally with a focus on sustainable practices. Founded in 1854, the company has a long history of delivering high-quality solutions for the telecommunications, energy, and scientific industries.
The company's sustainability program is a key aspect of their operations, with a commitment to reducing their carbon footprint and promoting environmental stewardship. They have implemented various initiatives such as using eco-friendly vessels, reducing waste and emissions, and promoting sustainable procurement practices.
GLOBAL MARINE SYSTEMS LIMITED offers a range of products and services, including subsea cable installation, maintenance, and repair, as well as marine engineering and project management. They have a proven track record of delivering complex projects in challenging environments, utilizing state-of-the-art equipment and technology.
Key people at GLOBAL MARINE SYSTEMS LIMITED include Ian Douglas, the CEO, and Mike Daniel, the Managing Director. The company has a global team of highly skilled professionals with extensive experience in the industry.
The registered office address for GLOBAL MARINE SYSTEMS LIMITED is at 100 New Bridge Street, London, EC4V 6JA, United Kingdom. Their website address is www.globalmarinesystems.com, where more information about their services and sustainability initiatives can be found. With their commitment to sustainability and expertise in subsea cable installation, GLOBAL MARINE SYSTEMS LIMITED continues to be a leader in the industry.
