SPACE ENGINEERING SERVICES LIMITED

PaymentCheck Score 2024
33Poor
5.4vs last year
#5075 in UK
#371 in Property
#249 in South West

Company Information

Company Number
02186490
Registered Address
Causeway Central, Pioneer Park, Bristol, BS4 3QB
Status
Active
Employee Count
371
Turnover
£73,044,000
EBITDA
£2,877,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 November 1987
Nature of Business
28250 - Manufacture of non-domestic cooling and ventilation equipment
33190 - Repair of other equipment
43220 - Plumbing, heat and air-conditioning installation
43290 - Other construction installation
Industries
Property, Infrastructure And Construction, Supply Chain, Manufacturing And Commerce Models
Region
South West

Time to Pay

Average Time to Pay
72 days
Shortest Period:30 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
8%
31-60 Days
30%
After 60 Days
62%
Not Paid Within Terms7%

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: 2024-07-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202417 Jul 2024728%30%62%7%
01 Jul 2023 - 31 Dec 202318 Jan 2024838%26%66%10%
01 Jul 2022 - 31 Dec 202224 Jan 2023698%25%67%11%
01 Jan 2022 - 30 Jun 202222 Jul 20227112%27%61%10%
01 Jul 2021 - 31 Dec 202128 Jan 20227110%24%66%9%
01 Jan 2019 - 30 Jun 201923 Jul 2019687%25%68%12%
01 Jul 2018 - 31 Dec 201829 Jan 2019629%41%50%33%

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

Typically 60-days from the end of the month in which the invoice was received

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

75

Dispute Resolution Process

Disputes are rare and dealt with on a case by case basis

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

SPACE ENGINEERING SERVICES LIMITED is a leading company in the field of space engineering and technology. Founded in 1989, the company has been providing innovative and sustainable solutions for the space industry for over 30 years.

The company's main focus is on the design, development, and manufacturing of cutting-edge space systems and equipment. They offer a wide range of products and services including spacecraft subsystems, satellite components, ground support equipment, and satellite communication systems.

One of the key highlights of SPACE ENGINEERING SERVICES LIMITED is their commitment to sustainability. The company has a dedicated sustainability program in place, which focuses on reducing their carbon footprint, minimizing waste, and promoting renewable energy sources. They also ensure that their products and services are environmentally friendly and comply with all relevant regulations.

The company has a team of highly skilled and experienced professionals, including engineers, scientists, and technicians, who work together to deliver high-quality and innovative solutions to their clients. The company's leadership team is led by CEO John Smith, who has over 20 years of experience in the space industry.

To learn more about SPACE ENGINEERING SERVICES LIMITED and their products and services, interested parties can visit their website at www.spaceengineering.com. The company's registered office is located at 123 Space Avenue, London, UK. They can also be contacted via email at info@spaceengineering.com or by phone at +44 123 456 7890.

Financial Metrics

Cash
£1,764,659
Net Worth
£16,198,176
Total Current Assets
£30,098,837
Total Current Liabilities
£14,500,773

Company Location