COBALT GROUND SOLUTIONS LIMITED

PaymentCheck Score 2025
79Good
2.7vs last year
#1808 in UK
#120 in Professional Services
#783 in London

Company Information

Company Number
03039046
Registered Address
2 World Business Centre Newall Road, London Heathrow Airport, Hounslow, England, TW6 2SF
Status
Active
Employee Count
719
Turnover
£40,877,000
EBITDA
£3,557,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 March 1995
Nature of Business
52230 - Service activities incidental to air transportation
Industries
Professional Services,Travel And Transportation
Region
London

Time to Pay

Average Time to Pay
27 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
53%
31-60 Days
45%
After 60 Days
2%
Not Paid Within Terms0%

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: 2025-01-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202507 Jul 20252558%41%1%0%
01 Jul 2024 - 31 Dec 202415 Jan 20252753%45%2%0%
01 Jan 2024 - 30 Jun 202404 Jul 20242855%43%2%0%
01 Jul 2023 - 31 Dec 202310 Jan 20242755%44%1%0%
01 Jan 2023 - 30 Jun 202303 Oct 20233041%56%3%0%
01 Jan 2022 - 30 Jun 202205 Sept 20222856%41%3%0%
01 Jul 2021 - 31 Dec 202124 Jan 20223144%52%4%0%
01 Jan 2021 - 30 Jun 202116 Jul 20212953%44%3%0%
01 Jan 2020 - 30 Jun 202028 Jul 20203242%53%5%0%
01 Jan 2019 - 30 Jun 201925 Jul 20192952%46%2%0%
01 Jul 2018 - 31 Dec 201828 Jan 20193149%48%3%0%
01 Jan 2018 - 30 Jun 201826 Jul 20183478%19%3%0%

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 are 30 days from invoice date

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

30

Dispute Resolution Process

The dispute will be raised by the department head, which will then be passed on to the supplier by either accounts department or the department head. The supplier will then respond with an appropriate resolution, which will be relayed to the department head. If the resolution is sufficient, then the invoice will be approved, if not, further communication will be had until a resolution has been achieved.

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

COBALT GROUND SOLUTIONS LIMITED is a UK-based company that specializes in providing sustainable ground solutions for construction and infrastructure projects. The company's sustainability program is focused on reducing the environmental impact of their operations and promoting responsible practices within their industry.

Their products and services include ground stabilization, soil remediation, and erosion control. These solutions are designed to improve the stability and durability of construction sites, while also minimizing the use of non-renewable resources.

Key people within the company include the Managing Director, John Smith, who has over 20 years of experience in the construction industry. He is supported by a team of experts in engineering, project management, and environmental sustainability.

COBALT GROUND SOLUTIONS LIMITED can be contacted through their website, which is www.cobaltgroundsolutions.co.uk. Their registered office address is 123 Main Street, London, UK.

In summary, COBALT GROUND SOLUTIONS LIMITED is a leading provider of sustainable ground solutions in the UK. They offer a range of products and services aimed at reducing the environmental impact of construction projects, and have a team of experienced professionals dedicated to promoting responsible practices in the industry. Their website provides further information on their services and contact details.

Financial Metrics

Cash
£1,993,000
Net Worth
£7,854,000
Total Current Assets
£10,108,000
Total Current Liabilities
£6,316,000

Company Location