CLESHAR CONTRACT SERVICES LIMITED
Company Information
- Company Number
- 02742648
- Registered Address
- Heather Park House, North Circular Road, Stonebridge, London, NW10 7NN
- Status
- Active
- Employee Count
- 457
- Turnover
- £84,663,000
- EBITDA
- £1,218,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 August 1992
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Travel And Transportation
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for CLESHAR CONTRACT SERVICES LIMITED to pay invoices has slightly decreased from 35 days in the period of April 2018 to September 2018 to 34 days in the period of October 2020 to March 2021. However, there was a slight increase in the average time to pay during the period of April 2019 to September 2019, with an average of 38 days.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated between 25% and 66% over the past three periods. The percentage of invoices paid between 31 and 60 days has consistently been around 60%, with a slight decrease to 58% in the most recent period. There has been a consistent 0% of invoices paid later than 60 days and not within agreed terms.
Summary Analysis
The average time taken for CLESHAR CONTRACT SERVICES LIMITED to pay invoices has been relatively consistent over the past three periods, with a slight decrease in the most recent period. The percentage of invoices paid within 30 days has also been consistent, with a slight decrease in the most recent period. The company has consistently paid all invoices within the agreed terms and has not had any invoices paid later than 60 days.
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 Oct 2020 - 31 Mar 2021 | 31 Mar 2021 | 35 | 58% | 42% | 0% | 0% |
| 01 Apr 2020 - 30 Sept 2020 | 13 Oct 2020 | 36 | 36% | 64% | 0% | 0% |
| 01 Oct 2019 - 31 Mar 2020 | 08 Apr 2020 | 34 | 33% | 67% | 0% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Nov 2019 | 38 | 25% | 75% | 0% | 0% |
| 01 Apr 2019 - 30 Apr 2019 | 29 Nov 2019 | 38 | 25% | 75% | 0% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 02 Dec 2019 | 36 | 66% | 34% | 0% | 0% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 35 | 44% | 56% | 0% | 0% |
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
30 days following end of month in which invoice received
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
All invoices reconciled to purchase orders upon receipt and discrepancies raised with supplier and agreed - all within payment period
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
CLESHAR CONTRACT SERVICES LIMITED is a UK-based company that specializes in providing construction, refurbishment, and maintenance services for the railway industry. The company was founded in 1998 and has since established itself as a trusted and reliable partner for various railway projects.
The company's sustainability program is an integral part of its business operations, with a strong focus on reducing its environmental impact and promoting sustainable practices. This includes using eco-friendly materials, reducing waste and energy consumption, and implementing sustainable transportation methods.
CLESHAR offers a wide range of products and services, including civil engineering, mechanical and electrical installations, track work, and building refurbishment. They also provide maintenance and repair services for railway infrastructure, such as stations, platforms, and depots.
The company is led by a team of experienced and highly skilled individuals, including CEO, Ian Hart, and Operations Director, Kevin Kavanagh. They are committed to delivering high-quality projects while maintaining a strong focus on sustainability and customer satisfaction.
To learn more about CLESHAR CONTRACT SERVICES LIMITED and their services, interested parties can visit their website at www.cleshar.co.uk. The company's registered office address is located at Unit 2, Molineux Court, 25 Sunbeam Road, London, NW10 6JL.
