WSP MANAGEMENT SERVICES LIMITED

Company Information

Company Number
02454665
Registered Address
Wsp House, 70 Chancery Lane, London, WC2A 1AF
Status
Active
Employee Count
0
Turnover
£327,000
EBITDA
£327,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 December 1989
Nature of Business
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
14 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
90%
31-60 Days
7%
After 60 Days
3%
Not Paid Within Terms65%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2021-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201830 Jul 20183060%28%12%89%

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

60 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

WSP has a commitment to managing all disputed invoices in a timely manner. Our key steps in this process are: Disputed invoices are identified and raised by the person responsible for sourcing the supply or service, whom will then liaise with the business stakeholder. The dispute will then be owned and analysed internally by the business stakeholder and raised directly with the supplier. If settlement of the dispute cannot be reached between the business stakeholder and the supplier, escalation to Procurement and or other appropriate departments will be engaged in the process Where a resolution cannot be reached, there are a number of potential dispute resolution methods such as mediation, adjudication, expert determination, litigation and / or arbitration.

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

WSP Management Services Limited is a leading global professional services firm that offers a wide range of management and consulting services. The company is committed to sustainability and has implemented various initiatives to minimize its environmental impact and promote sustainable practices.

Their sustainability program includes initiatives such as reducing carbon emissions, promoting green building design, and implementing sustainable transportation solutions. They also have a sustainability team dedicated to developing and implementing sustainable strategies for their clients.

In terms of products and services, WSP Management Services Limited offers a comprehensive range of management and consulting services to clients across various industries. These include project management, technical advisory, and asset management services.

The key people at WSP Management Services Limited include the CEO, Alexandre L'Heureux, and the Chairman of the Board, David McFadden. They are supported by a team of highly experienced professionals who are experts in their respective fields.

For more information on their services and sustainability program, interested parties can visit their website at www.wsp.com. The registered office address for WSP Management Services Limited is 70 Chancery Lane, London, WC2A 1AF, United Kingdom. Overall, WSP Management Services Limited is a reputable and sustainable company that provides top-notch management and consulting services to their clients.

Financial Metrics

Cash
£0
Net Worth
-£11,455,000
Total Current Assets
£7,085,000
Total Current Liabilities
£17,679,000

Company Location