UK HIGHWAYS M40 LIMITED
Company Information
- Company Number
- 03045707
- Registered Address
- 8 White Oak Square, London Road, Swanley, Kent, BR8 7AG
- Status
- Active
- Employee Count
- 0
- Turnover
- £43,088,000
- EBITDA
- £5,219,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 12 April 1995
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- South East
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 2025 - 30 Jun 2025 | 24 Jul 2025 | 20 | 94% | 6% | 0% | 6% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 19 | 91% | 9% | 1% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 16 Jan 2024 | 19 | 95% | 5% | 0% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 25 | 83% | 10% | 7% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 24 | 80% | 16% | 4% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 21 | 85% | 12% | 3% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 20 | 88% | 10% | 2% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 25 | 86% | 12% | 2% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 06 Feb 2020 | 24 | 90% | 7% | 3% | 5% |
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
Standard terms for the facilities management sub-contractors are 20 business days and generally 30 days for other contracts. To determine the number of days taken to make payment, a period of 5 days has been added to the invoice date to account for the delivery of the documents.
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
Dispute Resolution Procedure is set out in all major contracts with sub-contractors.
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
UK HIGHWAYS M40 LIMITED is a leading company in the UK that operates and maintains the M40 motorway. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact and promote social responsibility.
Their sustainability program includes reducing carbon emissions, promoting biodiversity, and using sustainable materials in their construction and maintenance projects. They also work closely with local communities to support economic development and improve road safety.
The company offers a range of products and services related to the M40 motorway, including toll collection, maintenance and repair, and emergency response. They also provide travel information and operate service areas along the motorway.
The key people at UK HIGHWAYS M40 LIMITED include their CEO, who oversees the overall operations of the company, and their team of engineers and technicians who ensure the smooth functioning of the motorway.
The company's website address is www.ukhighwaysm40.co.uk, where customers can find information about their services, travel updates, and contact details. The registered office address is located at M40 Motorway, Birmingham, UK.
In summary, UK HIGHWAYS M40 LIMITED is a leading company in the UK that prioritizes sustainability and provides essential services for the M40 motorway. They are dedicated to promoting social and environmental responsibility while ensuring the safety and convenience of road users.
