COMPASS CONTRACT SERVICES UK LIMITED
Company Details
Registration Number
02114954
Registered Address
Parklands Court 24 Parklands Birmingham Great Park Rubery Birmingham West Midlands B45 9PZ
Company Status
Active
Employee Count
50012
Turnover
£1,907,467,000
EBITDA
£33,482,000
Additional Information
Website
loveschoolmeals.co.uk/Company Type
Private limited Company
Incorporated on
25 March 1987
Nature of Business (SIC)
56210 - Event catering activities
Industries
Catering
Region
West MidlandsCompany Location
Financial Overview
£27,475,000
£-826,735,000
Last Reporting Period
Filed
31 Oct 2023
Period
01 Apr 2023 - 30 Sep 2023
Payment Timing
Average Time to Pay
45 days
Payment Periods
Shortest
14 days
Longest
60 days
Max Contractual
60 days
Payment Timeline
Not Paid Within Terms
17%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Apr 2023 - 30 Sep 2023 | 31 Oct 2023 | 45 | 21% | 71% | 8% | 17% |
| 01 Oct 2022 - 31 Mar 2023 | 24 Apr 2023 | 43 | 23% | 72% | 6% | 16% |
| 01 Apr 2022 - 30 Sep 2022 | 28 Oct 2022 | 44 | 23% | 72% | 5% | 14% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 54 | 13% | 77% | 10% | 19% |
| 01 Apr 2021 - 30 Sep 2021 | 29 Oct 2021 | 54 | 10% | 78% | 12% | 16% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | |||||
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 55 | 7% | 82% | 11% | 10% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | |||||
| 01 Apr 2020 - 30 Sep 2020 | 28 Oct 2020 | 60 | 8% | 75% | 17% | 27% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 56 | 6% | 75% | 19% | 14% |
| 01 Apr 2019 - 30 Sep 2019 | 31 Oct 2019 | 46 | 28% | 56% | 16% | 2% |
| 01 Apr 2019 - 30 Sep 2019 | 30 Oct 2019 | 46 | 28% | 56% | 16% | 6% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 45 | 37% | 48% | 15% | 18% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 45 | 37% | 48% | 15% | 18% |
| 01 Apr 2018 - 30 Sep 2018 | 31 Oct 2018 | 47 | 34% | 52% | 15% | 19% |
| 01 Apr 2018 - 30 Sep 2018 | 31 Oct 2018 | 47 | 34% | 52% | 15% | 19% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 46 | 17% | 69% | 14% | 15% |
Company Summary
COMPASS CONTRACT SERVICES (U.K.) LIMITED is a leading provider of catering, cleaning, and support services in the United Kingdom
Established in 1941, the company has a strong commitment to sustainability and operates with a focus on reducing its environmental impact
The company offers a wide range of services to various industries such as healthcare, education, leisure, and corporate
Their services include food and beverage catering, cleaning and janitorial services, laundry, and waste management
They also offer support services such as reception, security, and maintenance
COMPASS CONTRACT SERVICES (U.K.) LIMITED has a strong sustainability program in place, with a goal to reduce their carbon footprint and promote sustainable practices
They have implemented energy-efficient initiatives, waste reduction strategies, and sustainable sourcing of products
The company also encourages its employees to participate in sustainability activities and has received several awards for its commitment to sustainability
The key people leading the company are Chief Executive Officer, Dominic Blakemore, and Chief Financial Officer, Johnny Thomson
They lead a team of over 60,000 employees, who are committed to providing high-quality services to their clients
For more information on their services and sustainability program, interested parties can visit their website at www.compass-group.co.uk
The registered office address for COMPASS CONTRACT SERVICES (U.K.) LIMITED is Parklands Court, 24 Parklands, Birmingham Great Park, Rubery, Birmingham, B45 9PZ, United Kingdom
Company Review
Trend Analysis
The average time for COMPASS CONTRACT SERVICES (U.K.) LIMITED to pay invoices has been fluctuating in recent years, with a peak of 60 days in 2020 and a low of 43 days in 2023.
Volatility Analysis
The company has shown a significant amount of volatility in their payment patterns, with a range of 17 days in 2023. This indicates that their payment process may not be consistent and may be affected by external factors.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard Payment term is 60 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Disputed invoices are managed locally by the operating units, challenges are made directly with suppliers. Ordinarily quantity disputes are resolved by supplier providing the necessary signed 'proof of delivery' to support invoice quantity
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?
❌
