SOCOTEC UK LIMITED
Company Information
- Company Number
- 02880501
- Registered Address
- Socotec House Bretby Business Park, Ashby Road, Bretby, Burton Upon Trent, England, DE15 0YZ
- Status
- Active
- Employee Count
- 1,374
- Turnover
- £112,576,000
- EBITDA
- £8,691,000
Additional Details
- Website
- https://www.esg.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 14 December 1993
- Nature of Business
- 71200 - Technical testing and analysis
- Industries
- Property,Infrastructure And Construction,Safety And Security
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
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 | 15 Aug 2025 | 61 | 13% | 57% | 30% | 63% |
| 01 Jul 2024 - 31 Dec 2024 | 11 Aug 2025 | 70 | 5% | 56% | 39% | 76% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Mar 2024 | 56 | 18% | 58% | 24% | 45% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Dec 2023 | 67 | 12% | 49% | 39% | 49% |
| 01 Jul 2022 - 31 Dec 2022 | 23 May 2023 | 53 | 18% | 59% | 23% | 51% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 63 | 10% | 48% | 42% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jun 2022 | 63 | 7% | 55% | 38% | 44% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Sept 2021 | 63 | 6% | 54% | 40% | 42% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Feb 2021 | 64 | 7% | 50% | 43% | 34% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 66 | 7% | 40% | 53% | 15% |
| 01 Jan 2019 - 30 Jun 2019 | 21 Oct 2019 | 64 | 8% | 45% | 47% | 25% |
| 01 Jul 2018 - 31 Dec 2018 | 22 Jul 2019 | 61 | 10% | 45% | 45% | 24% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 66 | 6% | 44% | 50% | 28% |
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
SOCOTEC UK's standard payment terms are 30 days EOM which are notified to suppliers by referring to the company's terms and conditions. The standard terms and conditions are referred to in each purchase order the company issues.
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
90
Dispute Resolution Process
All disputes on invoices are referred back to the supplier by the business unit that placed the order. Once purchase invoices are agreed they are passed to the central finance team to process.
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
SOCOTEC UK LIMITED is a leading provider of testing, inspection, and certification services in the United Kingdom
The company offers a wide range of services including building and infrastructure testing, environmental testing, and occupational health and safety services.\n\nSOCOTEC UK LIMITED is committed to sustainability and has implemented a number of initiatives to reduce their environmental impact
They have a comprehensive sustainability program that focuses on reducing energy consumption, waste generation, and carbon emissions
The company also actively promotes sustainable practices to their clients and suppliers.\n\nThe company's services are used in various industries such as construction, energy, and transportation
They offer a range of products and services including materials testing, environmental monitoring, and training programs
Their services help clients comply with regulations and standards, improve efficiency, and ensure the safety of their operations.\n\nThe key people at SOCOTEC UK LIMITED include their CEO, Stuart McLachlan, and their Managing Director, Mark Cooper
Both have extensive experience in the industry and are committed to driving the company's growth and success.\n\nFor more information on SOCOTEC UK LIMITED and their services, you can visit their website at www.socotec.co.uk
Their registered office address is SOCOTEC House, Bretby Business Park, Ashby Road, Burton-on-Trent, Staffordshire, DE15 0YZ
They also have offices located throughout the UK, making it convenient for clients to access their services
