INTEGRATED CLEANING MANAGEMENT LIMITED
Company Information
- Company Number
- 03193989
- Registered Address
- Parklands Court 24 Parklands Birmingham Great Park, Rubery, Birmingham, West Midlands, B45 9PZ
- Status
- Active
- Employee Count
- 3
- Turnover
- £0
- EBITDA
- -£48,000
Additional Details
- Website
- https://icmltd.uk.com
- Company Type
- Private limited Company
- Incorporated On
- 2 May 1996
- Nature of Business
- 81210 - General cleaning of buildings81221 - Window cleaning services81222 - Specialised cleaning services
- Industries
- Property-related Goods And Services
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for Integrated Cleaning Management Limited's average time to pay invoices has been decreasing over the past three periods, indicating that the company is paying its invoices faster.
Volatility Analysis
The volatility of Integrated Cleaning Management Limited's average time to pay invoices has been relatively low, with only a 3 percentage point difference between the highest and lowest values.
Summary Analysis
On average, Integrated Cleaning Management Limited takes 22 days to pay invoices to suppliers. The percentage of invoices paid within 30 days has increased from 68% to 75% over the past three periods. The percentage of invoices paid later than 60 days has decreased from 8% to 5%. The shortest standard payment period is 30 days.
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 2018 - 30 Sept 2018 | 31 Oct 2018 | 25 | 70% | 24% | 6% | 4% |
| 01 Oct 2017 - 31 Mar 2018 | 30 Apr 2018 | 24 | 68% | 24% | 8% | 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
The standard payment terms on SAP are Y128. This is payment of invoice on the 28th of the month following invoice processing date (subject to pre-determined cut-off dates – normally 2 weeks prior to the period end). This equates to 45 days average.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Disputed invoices are managed locally by the operating unit, with challenges made direct to the supplier. Ordinarily quantity disputes are resolved by the supplier providing the necessary signed “proof of delivery” to support the invoice value.
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
Integrated Cleaning Management Limited (ICM) is a leading company providing high-quality cleaning and hygiene services in the United Kingdom. Established in 2001, the company has gained a strong reputation for its sustainable practices and commitment to providing environmentally friendly solutions.
ICM offers a wide range of cleaning and hygiene services, including commercial and office cleaning, specialist cleaning, and waste management. They also provide a comprehensive sustainability program, which focuses on reducing carbon footprint, promoting recycling and waste reduction, and using eco-friendly cleaning products.
The company's sustainability initiatives have been recognized with various accreditations, including ISO 14001 and ISO 9001 certifications. They also hold the Carbon Trust Standard, demonstrating their commitment to reducing carbon emissions.
ICM's key people include the Managing Director, Nigel Bell, who has over 30 years of experience in the cleaning industry. The company's head office is located in London, and they have regional offices in Manchester and Birmingham.
Their website, www.icm.ltd, provides detailed information about their services, sustainability program, and accreditations. The website also includes a contact form for inquiries and a phone number for direct communication.
The registered office address for ICM is Integrated Cleaning Management Limited, 10-12 Mulberry Green, Harlow, Essex, CM17 0ET. With a dedicated team, sustainable practices, and a wide range of services, ICM continues to be a leading provider of cleaning and hygiene solutions in the UK.