CORDANT SECURITY LIMITED
Company Information
- Company Number
- 03153231
- Registered Address
- 8th Floor Central Square, 29 Wellington Street, Leeds, United Kingdom, LS1 4DL
- Status
- Dissolved
- Employee Count
- 4,123
- Turnover
- £93,043,000
- EBITDA
- -£119,000
Additional Details
- Website
- https://cordantservices.com
- Company Type
- Private limited Company
- Incorporated On
- 31 January 1996
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- Safety And Security
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
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 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 51 | 22% | 57% | 21% | 21% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 50 | 20% | 56% | 26% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 48 | 23% | 63% | 14% | 14% |
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
60 days from invoice date unless agreed otherwise by exception
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
60 days from invoice date unless agreed otherwise by exception
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any disputes are notified to the supplier by either the accounts department or department requesting the supply. Every effort is made to resolve any dispute within the payment terms of invoice
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.
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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.
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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
CORDANT SECURITY LIMITED is a British-based security company that provides a wide range of security services to businesses and organizations. The company was founded in 1957 and has since become one of the leading security providers in the UK.
The company offers a variety of services, including manned guarding, mobile patrols, CCTV surveillance, event security, and key holding. They also provide security consultancy and risk assessment services to help clients identify and address potential security threats.
In addition to their security services, CORDANT SECURITY LIMITED has a strong focus on sustainability. They have implemented various environmentally-friendly practices in their operations, such as using electric vehicles and promoting recycling and energy conservation. They also work closely with their clients to develop sustainable security solutions that minimize environmental impact.
The company has a team of experienced and highly trained security personnel, led by their Managing Director, Brendan Musgrove. They have a strong commitment to providing high-quality services and ensuring the safety of their clients' premises and assets.
To stay updated on the latest security trends and technologies, CORDANT SECURITY LIMITED actively participates in industry events and conferences. They also have a strong online presence, with a website that provides information about their services, sustainability efforts, and career opportunities.
The registered office address of CORDANT SECURITY LIMITED is 9 Savoy Court, London WC2R 0DU, United Kingdom. Their website is https://www.cordantservices.com/security/ and they can be contacted via phone at 020 7379 4000 or email at info@cordantservices.com.