PREMIER MODULAR LIMITED
Company Information
- Company Number
- 02487565
- Registered Address
- Catfoss Lane, Brandesburton, Driffield, East Yorkshire, YO25 8EJ
- Status
- Active
- Employee Count
- 326
- Turnover
- £101,139,000
- EBITDA
- £30,419,000
Additional Details
- Website
- https://britspace.com/
- Company Type
- Private limited Company
- Incorporated On
- 2 April 1990
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- Property, Infrastructure And Construction
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2021 - 30 Jun 2021 | 17 Feb 2022 | 48 | 29% | 38% | 33% | 84% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Mar 2021 | 56 | 30% | 32% | 37% | 87% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Mar 2021 | 58 | 30% | 36% | 33% | 87% |
| 01 Jul 2019 - 31 Dec 2019 | 15 Mar 2021 | 59 | 23% | 36% | 41% | 87% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Oct 2019 | 63 | 25% | 31% | 44% | 84% |
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 invoices are settled 60 days following the end of the invoice month. Subcontractors are paid within the terms of the order and vary according to contract negotiations.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We define 60 days end of month as paying in the first week after the due date. Therefore on this basis the number of invoices paid late is 58%
Maximum contractual payment period agreed
60
Dispute Resolution Process
Queries are referred to the Procurement Department for invoice queries or the Commercial team for subcontract queries. Premier Modular Limited seeks to resolve issue, without recourse to a legal process but recognises this may be necessary in some cases. The appropriate legal process is set out in the contract or our terms and conditions.
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.
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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.
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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
Premier Modular Limited is a leading provider of off-site modular construction solutions in the United Kingdom. The company was established in 1956 and has since then become a pioneer in the industry, delivering high-quality and sustainable buildings for a wide range of sectors.
The company offers a variety of products and services, including modular buildings, temporary accommodation, permanent structures, and specialist solutions such as healthcare facilities, schools, and offices. Premier Modular's off-site construction method allows for faster and more efficient building processes, resulting in reduced costs and environmental impact.
In terms of sustainability, Premier Modular has a strong commitment to reducing their carbon footprint and promoting sustainable practices. They have implemented initiatives such as using sustainable materials, reducing waste, and incorporating energy-efficient features in their buildings. The company also holds various certifications, including ISO 14001 for environmental management and ISO 50001 for energy management.
At the helm of Premier Modular is managing director, David Harris, who has over 30 years of experience in the construction industry. He is supported by a team of industry experts and professionals who are dedicated to delivering innovative and sustainable solutions to their clients.
Customers can contact Premier Modular through their website, which also provides information on their services, projects, and sustainability efforts. The company's registered office address is located in East Yorkshire, United Kingdom.
In conclusion, Premier Modular Limited is a reputable company that offers sustainable and efficient off-site modular construction solutions. With their experienced team and commitment to sustainability, they continue to be a leader in the industry and a trusted partner for clients across various sectors.
