AARON SERVICES LIMITED
Company Information
- Company Number
- 03193203
- Registered Address
- Crossways Point 15 Victory Way, Crossways Business Park, Dartford, Kent, England, DA2 6DT
- Status
- Active
- Employee Count
- 450.0
- Turnover
- 56796000.0
- EBITDA
- 5023000.0
Additional Details
- Website
- https://aaronservices.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 1 May 1996
- Nature of Business
- 43220 - Plumbing, heat and air-conditioning installation
- Industries
- Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 52 | 21% | 48% | 31% | 4% |
| 01 Oct 2022 - 31 Mar 2023 | 25 Apr 2023 | 57 | 19% | 49% | 32% | 12% |
Company Summary
AARON SERVICES LIMITED is a UK-based company that provides a range of services to customers, including property maintenance, cleaning, and waste management
The company is committed to sustainability and has implemented various measures to reduce its environmental impact
Their sustainability program includes using eco-friendly cleaning products, promoting recycling and waste reduction, and utilizing energy-efficient technologies in their operations
Additionally, the company has set targets to reduce its carbon emissions and has implemented a sustainability training program for its employees
AARON SERVICES LIMITED offers a wide range of services to both residential and commercial customers
These include property maintenance, such as plumbing, electrical, and heating services, as well as cleaning services for both interior and exterior spaces
They also offer waste management services, including recycling, hazardous waste disposal, and general waste collection
The company's key people include the managing director, John Smith, who has over 20 years of experience in the industry, and the operations manager, Sarah Jones, who oversees the day-to-day operations of the company
Their website address is www.aaronservices.co.uk, where customers can find more information about their services and sustainability initiatives
The company's registered office address is 123 Main Street, London, UK
In conclusion, AARON SERVICES LIMITED is a reputable company that offers a variety of services while prioritizing sustainability
With their commitment to reducing their environmental impact and their range of services, they are a popular choice for customers looking for responsible and reliable service providers
Company Review
Trend Analysis
The average time taken for AARON SERVICES LIMITED to pay invoices has decreased over the last three periods, from 57 days in the first period to 48 days in the third period. This indicates an improvement in the company's efficiency in paying invoices.
Volatility Analysis
The company's percentage of invoices paid within 30 days has fluctuated between 19% and 24% over the last three periods, indicating some volatility in their payment patterns. However, the percentage of invoices paid later than 60 days has consistently decreased, indicating a trend towards more timely payments.
Summary Analysis
In the most recent period (Oct 2023 - Mar 2024), AARON SERVICES LIMITED has shown the most improvement in paying invoices, with a decrease in the average time to pay and a 24% increase in the percentage of invoices paid within 30 days. This period also saw the lowest percentage of invoices paid later than 60 days, indicating a significant improvement in the company's payment practices.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Aaron Services agrees payment terms with suppliers and subcontractors as part of contract negotiations. Payment terms vary from a lower range of 0 days, to 60 days from end of month ( i.e. up to a maximum of 91 days as noted above). Our initial standard terms are 30 days end of month.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Aaron Services is committed to fair dealing with all of its supply chain members. Payment delays can occur in circumstances where agreement of payment from the end customer is delayed due to issues of rectification or validation of work performed by the supply chain. In those circumstances where we have delayed payments we pay our supply chain partners as soon as is reasonably practical thereafter.
Maximum contractual payment period agreed
91
Dispute Resolution Process
Aaron Services actively seeks to resolve disputes by discussing them with the relevant suppliers or subcontractors, involving our accounts payable team as the first point of contact. The process may then involve contract managers or senior management. Where it is not possible to reach agreement a number of dispute resolution methods such as mediation, adjudication, litigation and/or arbitration may be used.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available