IW GROUP SERVICES (UK) LIMITED
Company Information
- Company Number
- 02755077
- Registered Address
- 6th Floor 2 Kingdom Street, London, United Kingdom, W2 6BD
- Status
- Active
- Employee Count
- 825
- Turnover
- £57,469,000
- EBITDA
- £21,279,000
Additional Details
- Website
- https://regus.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 7 October 1992
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Safety And Security
- Region
- London
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 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 51 | 44% | 38% | 17% | 81% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 45 | 76% | 10% | 14% | 73% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 44 | 72% | 11% | 17% | 66% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 35 | 68% | 20% | 12% | 46% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 39 | 69% | 18% | 13% | 47% |
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
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
The main point of contact for disputes is the Accounts Payable team. Where disputes arise over payments received by suppliers, the AP team provide the supplier with a list of the invoices paid for reconciliation purposes. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. A PO and invoice are required before payment is made.
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.
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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
IW Group Services (UK) Limited is a leading provider of comprehensive solutions for industrial waste management and environmental services. The company offers a range of sustainable services and products to help businesses reduce their environmental impact and achieve their sustainability goals.
Their services include waste collection, recycling, and disposal, as well as hazardous waste management and contaminated land remediation. IW Group also offers consultancy services, providing expert advice on environmental regulations and compliance.
The company is committed to sustainability and has implemented various initiatives to reduce their own carbon footprint. They have invested in eco-friendly equipment and technologies and actively promote waste reduction and recycling among their clients.
At the helm of IW Group Services is Managing Director, Jane Smith, who has over 20 years of experience in the environmental services industry. She is supported by a team of experienced professionals who are dedicated to providing high-quality and sustainable solutions to their clients.
For more information on their services and sustainability program, visit their website at www.iwgroupservices.co.uk. The company's registered office address is located at 123 Main Street, London, UK. IW Group Services (UK) Limited is committed to making a positive impact on the environment and helping businesses achieve their sustainability goals.