ISG CENTRAL SERVICES LIMITED
Company Information
- Company Number
- 02997684
- Registered Address
- Aldgate House, 33 Aldgate High Street, London, EC3N 1AG
- Status
- Active
- Employee Count
- 386
- Turnover
- £58,663,000
- EBITDA
- -£15,186,000
Additional Details
- Website
- https://isgplc.com
- Company Type
- Private limited Company
- Incorporated On
- 2 December 1994
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Property, Infrastructure And Construction
- 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 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 35 | 55% | 37% | 8% | 52% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 42 | 45% | 42% | 13% | 58% |
| 01 Jul 2021 - 31 Dec 2021 | 30 Jan 2022 | 28 | 70% | 28% | 2% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 27 | 62% | 35% | 3% | 20% |
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
No additional information
Maximum contractual payment period agreed
60
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, departmental managers 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 Central Services Limited is a leading construction and engineering company based in the United Kingdom. They offer a wide range of services including project management, design, construction, and maintenance for various sectors such as commercial, retail, residential, and healthcare.
One of their main focuses is on sustainability and they have implemented a comprehensive sustainability program to minimize their environmental impact. This includes reducing waste, energy efficiency, and promoting sustainable materials and practices in their projects.
In terms of products and services, ISG Central Services Limited offers a variety of innovative and high-quality solutions to their clients. This includes building refurbishment, fit-out, and refurbishment services, as well as specialist services such as mechanical and electrical engineering, and data center construction.
Key people at ISG Central Services Limited include Paul Cossell, CEO, and Paul Sharp, Managing Director. Both have extensive experience in the construction industry and are committed to delivering excellent results for their clients.
To get in touch with ISG Central Services Limited, you can visit their website at www.isgplc.com or contact their registered office at Aldgate House, 33 Aldgate High Street, London, EC3N 1AG. They also have offices and projects across the UK and internationally, making them a globally recognized company in the construction and engineering industry.
