BYZAK LIMITED
Company Information
- Company Number
- 01809458
- Registered Address
- Chancery Exchange, 10 Furnival Street, London, United Kingdom, EC4A 1AB
- Status
- Active
- Employee Count
- 0
- Turnover
- £3,288,000
- EBITDA
- £1,323,000
Additional Details
- Website
- https://byzak.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 17 April 1984
- Nature of Business
- 43999 - Other specialised construction activities not elsewhere classified
- Industries
- Infrastructure And Construction
- Region
- London
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 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 12 | 89% | 11% | 0% | 31% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 7 | 93% | 7% | 0% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 13 | 92% | 7% | 1% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 20 | 93% | 5% | 2% | 30% |
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
Byzak Ltd has a number of standard payment terms in place which vary depending on product type, service, business unit and client. These are summarised below: • Materials suppliers – 30 days from end of month of invoice date. • Service Suppliers – 30 days from invoice. • Facilities Maintenance sub-contractors – varies according to client: 28 days from invoice. • Highways subcontractors – 28 days from certification (35 days from Application). • Utilities sub-contractors – varies according to client (14 – 45 days from invoice)
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
In accordance with good practice, we aim to validate all invoices in a timely manner with any discrepancies or queries being referred to the supplier or subcontractor for resolution or invoice correction.
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.
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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
Company Summary
BYZAK LIMITED is a UK-based company that specializes in construction and infrastructure projects. Founded in 1987, the company has a strong focus on sustainability and is committed to reducing its environmental impact.
The company offers a range of services including design, construction, and project management for both private and public sector clients. Their expertise lies in various sectors such as commercial, education, healthcare, and residential.
BYZAK LIMITED's sustainability program includes initiatives such as waste reduction, energy efficiency, and the use of sustainable materials in their projects. They also have a dedicated team that ensures compliance with environmental regulations and promotes sustainable practices within the company.
The company's key people include the Managing Director, Paul Byron, who has over 30 years of experience in the construction industry. He is supported by a team of experienced professionals who are committed to delivering high-quality projects while minimizing their environmental impact.
For more information on BYZAK LIMITED's services and sustainability program, interested parties can visit their website at www.byzak.co.uk. The company's registered office address is located at Unit 1, Park Farm Industrial Estate, Wellingborough, Northamptonshire, NN8 6AZ, United Kingdom.
In summary, BYZAK LIMITED is a reputable construction company in the UK that places a strong emphasis on sustainability. With a dedicated team and a range of services, the company is well-equipped to deliver projects that meet the highest standards of quality while also being environmentally responsible.
