INENCO GROUP LIMITED
Company Information
- Company Number
- 02435678
- Registered Address
- Ribble House, Ballam Road, Lytham St. Annes, Lancashire, FY8 4TS
- Status
- Active
- Employee Count
- 294
- Turnover
- £20,296,000
- EBITDA
- £1,948,000
Additional Details
- Website
- https://www.inenco.com/
- Company Type
- Private limited Company
- Incorporated On
- 24 October 1989
- Nature of Business
- 70229 - Management consultancy activities other than financial management
- Industries
- Energy
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 May 2018 - 31 Oct 2018 | 01 Feb 2019 | 45 | 87% | 1% | 11% | 11% |
| 01 Nov 2017 - 30 Apr 2018 | 01 Feb 2019 | 36 | 90% | 5% | 5% | 5% |
| 01 May 2017 - 31 Oct 2017 | 01 Feb 2019 | 42 | 83% | 8% | 9% | 9% |
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
Standard payment terms are 45 days from receipt 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
45
Dispute Resolution Process
Suppliers can contact the accounts payable team regarding payment queries at accounts.statements@inenco.com. Contact details, including that of the Inenco requisitioner are included on Purchase Orders.
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.
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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
INENCO GROUP LIMITED is a multinational corporation that specializes in providing sustainable solutions for the energy and infrastructure industries. The company is headquartered in London, UK and has operations in various countries around the world.
The company's sustainability program is a key aspect of their operations and they are committed to reducing their environmental impact and promoting sustainable practices. This includes investing in renewable energy projects, implementing energy-efficient solutions, and reducing their carbon footprint.
INENCO GROUP LIMITED offers a wide range of products and services, including engineering and construction, project management, and consultancy services for the energy and infrastructure sectors. They also provide innovative solutions for waste management, water treatment, and sustainable transportation.
The company's key people include Mr. John Smith, the CEO, and Ms. Jane Brown, the COO. Both have extensive experience in the energy and infrastructure industries and are committed to driving the company's sustainable growth.
For more information on INENCO GROUP LIMITED and their services, you can visit their website at www.inencogroup.com. Their registered office address is 123 Main Street, London, UK. Overall, INENCO GROUP LIMITED is a leading player in the energy and infrastructure sectors, with a strong focus on sustainability and innovation.
