ISG INTERIOR SERVICES GROUP UK LIMITED

PaymentCheck Score 2024
86Good
28.7vs last year
#1520 in UK
#701 in London

Company Information

Company Number
02989004
Registered Address
Aldgate House, 33 Aldgate High Street, London, United Kingdom, EC3N 1AG
Status
Active
Employee Count
0
Turnover
£0
EBITDA
£9,383,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 November 1994
Nature of Business
43999 - Other specialised construction activities not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
10 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
89%
31-60 Days
11%
After 60 Days
0%
Not Paid Within Terms50%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202429 Jul 20241089%11%0%50%
01 Jul 2023 - 31 Dec 202330 Jan 20243958%19%23%72%
01 Jul 2021 - 31 Jul 202130 Jan 20222490%0%100%100%
01 Jan 2021 - 30 Jun 202130 Jul 20213367%0%33%33%
01 Jul 2018 - 31 Dec 201829 Jan 20191978%15%7%39%

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

The company does not have standard payment terms. Payment terms are agreed with suppliers as part of contract negotiations. The most frequently used payment terms in the reporting period are 30 days from date of invoice.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

The company no longer trades, it's business having been transferred to other ISG UK entities, invoices being paid relate to old retentions and certain payroll related invoices.

Maximum contractual payment period agreed

30

Dispute Resolution Process

The company actively seeks to resolve disputes in a timely manner. This process will involve the Accounts Payable team and where necessary the Supply Chain team, Commercial teams and Senior Management. A member of the team will contact the supplier to discuss the dispute. Supplier relationships, managed more & more in a structured way, ensure we very rarely have the need for formal dispute resolution processes. If it is not possible to reach an agreement suitable to both parties then other methods of dispute resolution may include but are not limited to adjudication, litigation etc. as determined by the companies’ legal department. This is very much seen as a last resort.

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

ISG Interior Services Group UK Limited is a leading construction and fit-out company based in the United Kingdom. The company offers a wide range of services including fit-out, refurbishment, and construction for commercial, retail, and hospitality sectors.

In terms of sustainability, ISG is committed to reducing its environmental impact and promoting sustainable practices within the construction industry. They have implemented a sustainability program that focuses on reducing waste, energy consumption, and carbon emissions. They also aim to increase the use of sustainable materials and promote sustainable design principles.

ISG offers a variety of products and services, including office fit-outs, retail fit-outs, and hospitality fit-outs. They also provide pre-construction services such as cost management, procurement, and design management.

The key people at ISG include Paul Cossell, the Group Chief Executive, and Steve Bowcott, the Chief Executive of ISG's UK Construction business. They have a team of experienced professionals who are dedicated to delivering high-quality projects with a focus on sustainability.

The contact information for ISG includes their website address, www.isgplc.com, and their registered office address at Aldgate House, 33 Aldgate High Street, London, EC3N 1AG. Clients can also contact them via email at info@isgplc.com or by phone at +44 (0)20 7812 2000.

In summary, ISG Interior Services Group UK Limited is a reputable construction and fit-out company with a strong commitment to sustainability. Their range of services, experienced team, and sustainable practices make them a top choice for clients in the commercial, retail, and hospitality sectors.

Financial Metrics

Cash
£758,000
Net Worth
£60,559,000
Total Current Assets
£43,787,000
Total Current Liabilities
£46,142,000

Company Location