PRATER LIMITED
Company Information
- Company Number
- 02107097
- Registered Address
- Perrywood Business Park, Honeycrock Lane, Salfords, Surrey, RH1 5JQ
- Status
- Active
- Employee Count
- 5
- Turnover
- £10,721,000
- EBITDA
- £928,000
Additional Details
- Website
- https://www.prater.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 6 March 1987
- Nature of Business
- 41201 - Construction of commercial buildings
- Industries
- Property, Infrastructure And Construction
- Region
- South East
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 2021 - 30 Jun 2021 | 20 Aug 2021 | 56 | 47% | 43% | 10% | 6% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 56 | 47% | 43% | 10% | 6% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Feb 2019 | 55 | 15% | 48% | 37% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Feb 2019 | 47 | 18% | 57% | 25% | 3% |
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
Prater Limited does not have standard payment terms, they range from 7 days to 60 days after the month-end of receipt of invoices. Payment runs are typically on a weekly basis by BACS.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Suppliers are notified in writing, should there be any change to the standard payment terms.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Prater Limited actively resolve disputes as efficiently as possible. There is an escalation process in place to senior management if disputes cannot be resolved in a reasonable time frame.
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
PRATER LIMITED is a leading construction company in the United Kingdom that specializes in roofing, cladding, and building envelope solutions. They have been in operation since 1954 and have a strong commitment to sustainability and environmental responsibility.
Their sustainability program focuses on reducing waste, minimizing energy consumption, and promoting sustainable materials in their projects. They have also implemented a carbon management plan to reduce their carbon footprint and have achieved ISO 14001 certification for their environmental management system.
In terms of products and services, PRATER LIMITED offers a wide range of roofing, cladding, and building envelope solutions for both new construction and refurbishment projects. They work with a variety of materials such as metal, glass, and sustainable options like green roofs and solar panels.
The company is led by a team of experienced professionals, including managing director John O'Connor and operations director Neil Butt. They are supported by a dedicated team of project managers, engineers, and technicians.
For any inquiries or further information, PRATER LIMITED can be contacted through their website at www.prater.co.uk or via their registered office at 1 Waterside Drive, Langley, Slough, Berkshire, SL3 6EZ. Their commitment to sustainability, high-quality products and services, and experienced leadership make them a trusted and reputable choice for construction projects in the UK.
