KIER SERVICES LIMITED
Company Information
- Company Number
- 02651873
- Registered Address
- 2nd Floor, Optimum House, Clippers Quay, Salford, England, M50 3XP
- Status
- Active
- Employee Count
- 1,342
- Turnover
- £372,472,000
- EBITDA
- £28,713,000
Additional Details
- Website
- https://kier.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 7 October 1991
- Nature of Business
- 70100 - Activities of head offices82990 - Other business support service activities not elsewhere classified
- Industries
- Professional Services
- Region
- North West
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 2025 - 30 Jun 2025 | 18 Jul 2025 | 35 | 43% | 52% | 5% | 28% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 32 | 59% | 35% | 6% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 26 | 71% | 22% | 7% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 26 | 62% | 28% | 10% | 29% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 20 | 77% | 18% | 5% | 21% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 22 | 78% | 16% | 6% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 26 | 73% | 21% | 6% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 41 | 61% | 20% | 19% | 36% |
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
Payment terms are agreed with suppliers and subcontractors as part of contract negotiations and aligned with relevant codes to ensure compliance. Terms vary from 7 days from invoice received date (IRD) to 60 days from IRD; the most common payment term is 30 days from IRD.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Kier Services Limited is a proud signatory of the Prompt Payment Code and committed to meeting the targets and guidance provided as part of this Code. Kier Services Limited has invested significant resource in governance, systems and process improvements to improve payment to terms of its valued supply chain partners. Per guidance from the Prompt Payment Code, Kier Services Limited is committed to payment of all compliant invoices provided by suppliers deemed small companies (having less than 50 employees) within 30 days; these also form part of Kier Services Limited commitments to the frameworks and contracts entered into where standard payment terms are 30 days or less. Changes have been made to core systems to identify companies within this category for Code reporting purposes while management focus continues on improving payment experiences for all suppliers.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Kier Services is a strong advocate of fair treatment for all supply chain partners and constantly strives to improve transparency, increase certainty of payment and in reduce time to pay. We are working hard to simplify internal processes and approvals, towards minimising time to pay for our supply chain partners; we are also working with those supply chain partners to inform and upskill where required towards right first time invoicing to avoid payment delays. Where they happen, Kier Services actively seeks to resolve disputes as quickly as possible, through close interaction with suppliers; in the interests of fair treatment for all supply chain partners, dispute resolution is treated as a priority. Typically, these issues can be resolved through coordination between our payables teams and supplier credit control teams within an agreed process for dealing with disputes which is communicated to suppliers, and where necessary procurement and commercial teams are engaged to support the earliest commercial resolution; where resolution is still unable to be achieved, senior management will be engaged towards the swiftest possible conclusion. Where agreement cannot be reached to the mutual satisfaction of both parties, other dispute resolution channels will be deployed, such as mediation, arbitration and expert determination.
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
KIER SERVICES LIMITED is a leading construction and infrastructure services company based in the UK. They offer a wide range of services including building construction, civil engineering, and environmental services.
The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. This includes using sustainable materials, reducing waste, and promoting energy efficiency in their operations. They also have a sustainability strategy in place to continually improve their sustainability performance.
KIER SERVICES LIMITED offers a diverse range of products and services to their clients, including building construction, highways maintenance, waste management, and utilities services. They have worked on major projects such as the London 2012 Olympics and the Hinkley Point C nuclear power station.
The company is led by a team of experienced and dedicated professionals, including their CEO, Andrew Davies, who has been with the company since 2017. They have a strong commitment to delivering high-quality services and maintaining strong relationships with their clients.
For more information on KIER SERVICES LIMITED and their services, you can visit their website at www.kier.co.uk. Their registered office address is Tempsford Hall, Sandy, Bedfordshire, SG19 2BD. They also have several regional offices across the UK, making it easy for clients to contact them for their services.
