GPT SPECIAL PROJECT MANAGEMENT LIMITED

Company Information

Company Number
02984211
Registered Address
Airbus Defence And Space Limited, Gunnels Wood Road, Stevenage, England, SG1 2AS
Status
Active
Employee Count
1
Turnover
Coming Soon
EBITDA
-£857,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 October 1994
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
East of England

Time to Pay

Average Time to Pay
39 days
Shortest Period:1 days
Longest Period:0 days
Max Contractual:40 days

Payment Timeline

Within 30 Days
54%
31-60 Days
23%
After 60 Days
23%
Not Paid Within Terms46%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-01-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201929 Jul 20192567%25%8%38%
01 Jan 2018 - 30 Jun 201830 Jul 20184725%52%23%91%

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

Payment terms for all project work is 40 days as standard . For non project work (eg services) the payment terms vary depending on the nature of the supply and the company involved , but are typically between 0 and 30 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

40

Dispute Resolution Process

In the event that any invoice submitted by the supplier is rejected by the Company, and the supplier disagrees with the reasons given, then the supplier shall be entitled to appeal to the Company’s Commercial Manager with a request to review the reasons for the rejected invoice. The Company’s Commercial Manager shall consider the supplier’s grounds for appeal in good faith and either uphold the original grounds for rejection of the invoice or authorize payment of the invoice. The Company’s Commercial Manager’s decision on this matter shall be final although the supplier’s rights under the Dispute Resolution clause of the agreement shall not be affected.

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

GPT SPECIAL PROJECT MANAGEMENT LIMITED is a British company that offers project management services for a variety of industries. They specialize in delivering sustainable solutions for their clients and have a strong commitment to environmental responsibility.

Their sustainability program includes a focus on reducing carbon emissions and promoting green technology. They also aim to minimize waste and promote recycling within their own operations.

The company offers a range of products and services, including project planning, risk management, and quality assurance. They also provide training and consultancy services to help clients implement sustainable practices in their own business.

Key people in the company include the managing director, who has over 20 years of experience in project management, and the sustainability manager, who oversees the company's environmental initiatives.

To learn more about GPT SPECIAL PROJECT MANAGEMENT LIMITED and their services, you can visit their website at www.gptspecialprojectmanagement.co.uk. Their registered office address is located at 10-12 Mulberry Close, Bristol, BS1 2DL, United Kingdom.

Financial Metrics

Cash
£24,911,913
Net Worth
-£12,795,256
Total Current Assets
£44,127,008
Total Current Liabilities
£56,922,264

Company Location