SERVOMEX GROUP LIMITED

PaymentCheck Score 2025
52Fair
1.2vs last year
#3567 in UK
#577 in South East

Company Information

Company Number
02170458
Registered Address
Servomex Group Limited, Jarvis Brook, Crowborough, East Sussex, TN6 3FB
Status
Active
Employee Count
242
Turnover
£67,083,000
EBITDA
£7,981,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 September 1987
Nature of Business
26512 - Manufacture of electronic industrial process control equipment
Industries
Hardware
Region
South East

Time to Pay

Average Time to Pay
35 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
44%
31-60 Days
42%
After 60 Days
14%
Not Paid Within Terms83%

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: 2025-07-28
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 202528 Jul 20253544%42%14%83%
01 Jul 2024 - 31 Dec 202419 Feb 20253446%44%10%85%
01 Jul 2023 - 31 Dec 202318 Mar 20243151%42%7%79%
01 Jan 2023 - 30 Jun 202327 Jul 20233296%2%2%84%
01 Jul 2021 - 31 Dec 202131 Jan 20223246%42%12%83%
01 Jan 2021 - 30 Jun 202128 Jul 20213641%45%14%87%
01 Jul 2020 - 31 Dec 202020 Jan 2021873%19%8%93%
01 Jul 2019 - 31 Dec 201927 Jan 20202566%25%9%80%
01 Jan 2019 - 30 Jun 201917 Jul 20192662%26%12%80%

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

30 days from date of 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

Negotiation

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

Servomex Group Limited is a leading global provider of gas analysis equipment and solutions for a variety of industries. The company is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact.

The company's products and services include gas analyzers, sensors, and systems for measuring and monitoring gases such as oxygen, carbon dioxide, and nitrogen. These products are used in industries such as oil and gas, power generation, and environmental monitoring.

Key people at Servomex Group Limited include Managing Director Alan Clarke and Chief Financial Officer Paul Williams. The company's headquarters are located in Crowborough, East Sussex, and their website address is www.servomex.com.

In terms of sustainability, Servomex Group Limited has a dedicated program to reduce its carbon footprint and promote eco-friendly practices within the company. This includes implementing energy-efficient measures in their offices and factories, as well as using sustainable materials in their products.

Additionally, the company has a strong focus on social responsibility, with initiatives to support local communities and charitable causes. They also prioritize the health and safety of their employees and have strict ethical standards in place.

Overall, Servomex Group Limited is a reputable and socially responsible company that provides high-quality gas analysis solutions while prioritizing sustainability and ethical practices.

Financial Metrics

Cash
£1,411,000
Net Worth
£28,404,000
Total Current Assets
£27,600,000
Total Current Liabilities
£10,270,000

Company Location