IMTECH ENGINEERING SERVICES LONDON AND SOUTH LTD
Company Information
- Company Number
- 02925156
- Registered Address
- G&H House Hooton Street, Carlton Road, Nottingham, England, NG3 5GL
- Status
- Active
- Employee Count
- 0
- Turnover
- £21,246,000
- EBITDA
- £3,154,000
Additional Details
- Website
- https://imtech.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 3 May 1994
- Nature of Business
- 43210 - Electrical installation43220 - Plumbing, heat and air-conditioning installation
- Industries
- Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for IMTECH ENGINEERING SERVICES LONDON AND SOUTH LTD to pay invoices has fluctuated over the past three periods, with a decrease in the first period, an increase in the second period, and then a return to the initial level in the third period.
Volatility Analysis
The company's payment behavior has been moderately volatile over the past three periods, with a 53.6% increase in the average time taken to pay invoices between the second and third periods and a 25.9% decrease between the third and first periods.
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 | 28 Jan 2022 | 30 | 63% | 23% | 14% | 38% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 30 | 64% | 18% | 18% | 30% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 51 | 42% | 22% | 36% | 37% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 60 | 4% | 36% | 60% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 60 | 5% | 52% | 43% | 23% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Aug 2019 | 61 | 5% | 51% | 44% | 23% |
| 01 Jul 2018 - 31 Dec 2018 | 01 Feb 2019 | 81 | 10% | 36% | 54% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 03 Dec 2018 | 28 | 23% | 35% | 41% | 58% |
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
We use standard payment terms, we do not exercise contractual clauses to change terms of payment and if we were to do so, it would be agreed in writing by both parties
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
90
Dispute Resolution Process
Our supply chain are promptly made aware of any queries following the result of PO mismatch or any quality issues which would delay or risk payment
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
IMTECH ENGINEERING SERVICES LONDON AND SOUTH LTD is a leading engineering company based in London, UK. The company specializes in providing sustainable and innovative solutions to various industries. They have a strong commitment to sustainability and strive to minimize their impact on the environment.
The company offers a wide range of products and services including mechanical and electrical engineering, building services, project management, and maintenance services. They cater to a diverse range of clients, including commercial, industrial, and residential sectors.
IMTECH ENGINEERING SERVICES LONDON AND SOUTH LTD has a team of highly skilled and experienced engineers, project managers, and technicians who are dedicated to delivering high-quality and sustainable solutions to their clients. They continuously invest in training and development to stay up-to-date with the latest technologies and techniques in the industry.
As part of their sustainability program, the company follows strict environmental policies and procedures. They strive to reduce their carbon footprint by using energy-efficient technologies and promoting sustainable practices in their operations. They also work closely with their clients to develop sustainable solutions that meet their specific needs and requirements.
The company's website, https://www.imtech.co.uk/, provides detailed information about their products, services, and sustainability program. It also includes a list of their key personnel and their contact information. Their registered office address is 1st Floor, 15 Fetter Lane, London, EC4A 1BW, United Kingdom.
In summary, IMTECH ENGINEERING SERVICES LONDON AND SOUTH LTD is a reputable engineering company that is committed to sustainability. They offer a wide range of products and services and have a team of skilled professionals dedicated to delivering high-quality and sustainable solutions. Their website and registered office address provide easy access to their services and contact information.
