VERCITY SOCIAL INFRASTRUCTURE (UK) LIMITED

PaymentCheck Score 2023
93Excellent
2.9vs last year
#643 in UK
#95 in South East

Company Information

Company Number
02658304
Registered Address
8 White Oak Square, London Road, Swanley, Kent, BR8 7AG
Status
Active
Employee Count
337
Turnover
£15,414,000
EBITDA
£1,955,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 October 1991
Nature of Business
70221 - Financial management
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
23 days
Shortest Period:15 days
Longest Period:0 days
Max Contractual:31 days

Payment Timeline

Within 30 Days
88%
31-60 Days
10%
After 60 Days
2%
Not Paid Within Terms10%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202304 Aug 20232495%2%3%4%
01 Jan 2022 - 30 Jun 202201 Aug 20221895%5%0%3%

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

Invoices are due on the last day of the month following the month in which the invoice is received.

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

31

Dispute Resolution Process

Aim to pay all suppliers within terms.

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

VERCITY SOCIAL INFRASTRUCTURE (UK) LIMITED is a leading company in the field of social infrastructure development and management in the UK. They offer a wide range of services including project management, consulting, and investment in sustainable infrastructure projects.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a comprehensive sustainability program in place that focuses on energy efficiency, waste reduction, and carbon footprint reduction. They also work closely with their clients to ensure that their projects are sustainable and environmentally friendly.

One of their key products is the development and management of renewable energy projects such as wind farms and solar parks. These projects not only provide clean and sustainable energy but also contribute to the local economy and create jobs.

The company has a team of highly experienced and skilled professionals who are dedicated to delivering high-quality and sustainable solutions for their clients. Their team includes project managers, engineers, and consultants who have extensive knowledge and experience in the field of social infrastructure development.

VERCITY SOCIAL INFRASTRUCTURE (UK) LIMITED's registered office address is located in London, and their website address is www.vercity.co.uk. They can be contacted through their website or by phone for any inquiries or to learn more about their services.

In conclusion, VERCITY SOCIAL INFRASTRUCTURE (UK) LIMITED is a reputable company that is committed to sustainability and offers a wide range of services in social infrastructure development and management. With their experienced team and focus on sustainability, they are a valuable asset in the development of a more sustainable future in the UK.

Financial Metrics

Cash
£1,475,000
Net Worth
£1,528,000
Total Current Assets
£5,773,000
Total Current Liabilities
£4,293,000

Company Location