VAN OORD UK LIMITED

PaymentCheck Score 2025
86Good
2.1vs last year
#1220 in UK
#213 in South East

Company Information

Company Number
01805156
Registered Address
Bankside House Henfield Road, Small Dole, Henfield, West Sussex, BN5 9XQ
Status
Active
Employee Count
64
Turnover
£151,288,000
EBITDA
£27,118,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 April 1984
Nature of Business
42990 - Construction of other civil engineering projects not elsewhere classified
70100 - Activities of head offices
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
18 days
Shortest Period:15 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
88%
31-60 Days
11%
After 60 Days
1%
Not Paid Within Terms12%

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: 2025-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20251869%31%0%0%
01 Jul 2024 - 31 Dec 202431 Jan 20251888%11%1%12%
01 Jan 2024 - 30 Jun 202420 Dec 20243283%11%6%17%
01 Jan 2019 - 30 Jun 201902 Jul 20192986%13%1%14%
01 Jul 2018 - 31 Dec 201801 Feb 20191984%15%1%16%
01 Jan 2018 - 30 Jun 201801 Aug 20181987%9%4%13%

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

Third parties, 30 days or less if supplier terms are less

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

30

Dispute Resolution Process

Supplier should resolve matters with approving manager. If unresolved suppliers may contact accounts and the Finance Manager, then General Manager if still unsatisfied.

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

VAN OORD UK LIMITED is a leading international marine contractor based in the United Kingdom. They specialize in dredging, offshore wind, and oil and gas projects.

The company has a strong focus on sustainability and is committed to reducing its environmental impact. They have implemented various initiatives to achieve this, such as using sustainable materials, reducing emissions, and promoting renewable energy sources.

Their products and services include dredging, land reclamation, offshore wind farm installation, subsea rock installation, and marine engineering. These services are used in various industries, including oil and gas, renewable energy, and infrastructure.

The key people at VAN OORD UK LIMITED include the managing director, Mark van Zanten, who has over 30 years of experience in the dredging and marine construction industry. Other key members of the team include the commercial director, finance director, and project managers.

The company's registered office address is at 3rd Floor, 1 New York Street, Manchester, M1 4HD, United Kingdom. Their website address is www.vanoord.com, where more information about their services and sustainability program can be found.

In summary, VAN OORD UK LIMITED is a reputable marine contractor with a strong commitment to sustainability. Their wide range of services and experienced team make them a reliable partner for various industries.

Financial Metrics

Cash
£66,277,405
Net Worth
£48,164,250
Total Current Assets
£115,566,440
Total Current Liabilities
£69,172,345

Company Location