VINCI CONSTRUCTION UK LIMITED
Company Information
- Company Number
- 02295904
- Registered Address
- Astral House, Imperial Way, Watford, Hertfordshire, WD24 4WW
- Status
- Active
- Employee Count
- 3885.0
- Turnover
- 1286811000.0
- EBITDA
- -46189000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 13 September 1988
- Nature of Business
- 41201 - Construction of commercial buildings$42990 - Construction of other civil engineering projects not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- Region
- East of England
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 30 | 60% | 33% | 7% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 28 | 66% | 28% | 6% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 23 Jan 2023 | 27 | 64% | 30% | 6% | 14% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 24 | 73% | 23% | 4% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 24 | 71% | 25% | 4% | 11% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 24 | 72% | 23% | 5% | 15% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 24 | 75% | 20% | 5% | 14% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 26 | 68% | 26% | 6% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 26 | 71% | 23% | 6% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 30 | 64% | 27% | 9% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 33 | 50% | 39% | 11% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 52 | 28% | 52% | 20% | 36% |
Company Summary
VINCI CONSTRUCTION UK LIMITED is a leading construction company based in the United Kingdom
They offer a wide range of services including building, civil engineering, and facilities management
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact
Their sustainability program includes measures such as using sustainable materials, reducing carbon emissions, and promoting biodiversity
They also have a strong focus on health and safety, ensuring the well-being of their employees and the communities they work in
VINCI CONSTRUCTION UK LIMITED has a diverse range of products and services, including residential and commercial buildings, infrastructure projects, and renewable energy facilities
They also offer facilities management services to ensure the smooth operation and maintenance of their projects
The key people at VINCI CONSTRUCTION UK LIMITED include their CEO, Bruno Dupety, and their Executive Committee, which is responsible for overseeing the company's operations and strategy
They also have a team of experienced project managers and engineers who ensure the successful completion of their projects
The company's registered office address is located at Mill Court, 1st Floor, La Charroterie, St Peter Port, Guernsey, GY1 1EJ
Their website, www.vinciconstruction.co.uk, provides more information about their services, projects, and sustainability efforts
VINCI CONSTRUCTION UK LIMITED is committed to delivering quality projects while prioritizing sustainability and the well-being of their employees, clients, and the environment
Company Review
Trend Analysis
The average time taken for VINCI CONSTRUCTION UK LIMITED to pay invoices has decreased steadily over the past three periods, going from 52 days in the first period to 30 days in the most recent period. This indicates that the company has been making efforts to pay invoices more promptly in recent years.
Volatility Analysis
The percentage of invoices paid within 30 days has shown the most volatility, with a high of 75% in the sixth period and a low of 28% in the first period. This suggests that the company has had some challenges with consistently paying invoices within this timeframe.
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 terms for subcontract payments are 42 days from application. Outside of this, terms are agreed on a contract by contract basis. Standard payment terms for material and service supplies range from 3 to 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
Disputes with subcontract applications are resolved at site level between commercial resource and the subcontractor within the 28 day assessment period. Disputes with material and services invoices are communicated on a weekly basis to the supplier.
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
