BLUECO LIMITED
Company Information
- Company Number
- 03196199
- Registered Address
- 100 Victoria Street, London, United Kingdom, SW1E 5JL
- Status
- Active
- Employee Count
- 0
- Turnover
- £27,430,000
- EBITDA
- £19,514,000
Additional Details
- Website
- https://bluewater.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 9 May 1996
- Nature of Business
- 68209 - Other letting and operating of own or leased real estate
- Industries
- Property
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken by BLUECO LIMITED to pay invoices to suppliers has decreased over the past three periods, from 26 days in the period of Oct 1, 2018 - Mar 31, 2019 to 18 days in the period of Oct 1, 2019 - Mar 31, 2020. The percentage of invoices paid within 30 days has also increased from 64% to 89% in the same time period. However, there has been a slight increase in the percentage of invoices paid later than 60 days, from 3% to 6%.
Volatility Analysis
The data for BLUECO LIMITED shows a consistent trend over the past three periods, with a small decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days. However, there has been a slight increase in the percentage of invoices paid later than 60 days in the most recent period, which may indicate some volatility in the company's payment practices.
Summary Analysis
Between the periods of Apr 1, 2018 - Sep 30, 2018 and Oct 1, 2018 - Mar 31, 2019, there was a 30% increase in the average time taken by BLUECO LIMITED to pay invoices to suppliers. This was accompanied by a decrease in the percentage of invoices paid within 30 days from 85% to 64%. However, in the following periods, the average time to pay decreased by 7% and the percentage of invoices paid within 30 days increased by 25%. The most recent period also showed an improvement in the percentage of invoices paid within the agreed terms, from 7% to 4%. The shortest (or only) standard payment period for BLUECO LIMITED 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 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 18 | 89% | 5% | 6% | 4% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 19 | 85% | 12% | 3% | 7% |
| 01 Oct 2018 - 31 Mar 2019 | 23 Apr 2019 | 26 | 64% | 10% | 26% | 14% |
| 01 Apr 2018 - 30 Sept 2018 | 22 Oct 2018 | 20 | 85% | 9% | 6% | 8% |
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
Invoices for Goods and/or Services supplied in accordance with the Contract shall be paid no later than 30 days after receipt by the Buyer of a proper invoice or, if later, 30 days after acceptance of the Goods or Services in question by the Buyer or, as may otherwise be agreed in writing between the Buyer and the Seller from time to time.
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
30
Dispute Resolution Process
We aim to resolve any disagreements in a constructive manner. Any disagreements should be flagged with your usual contact at Landsec and escalated through their line manager. However if you should have a complaint please contact, in writing: Tim Ashby Group General Counsel and Company Secretary Land Securities Group PLC 100 Victoria Street London SW1E 5JL We aim to: • acknowledge complaints within 5 working days of receipt. • respond to complaints within 20 working days of initial receipt. In exceptional circumstances we may require additional time to investigate the complaint. If this is necessary, we will advise you within the initial 20 day period. We will endeavour to respond to your complaint within 30 working days of its initial receipt.
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
BLUECO LIMITED is a sustainable company that specializes in providing environmentally-friendly products and services. Their main focus is on promoting a sustainable lifestyle and reducing their carbon footprint.
The company offers a wide range of sustainable products, including eco-friendly cleaning supplies, reusable household items, and biodegradable packaging. They also offer sustainable services such as energy-efficient home installations and waste management solutions.
BLUECO LIMITED has a strong sustainability program in place, which includes using renewable energy sources, reducing waste, and promoting sustainable practices among their employees and customers. They also collaborate with local communities and organizations to support environmental initiatives.
The company is led by a team of key people, including the CEO, who is passionate about promoting sustainability. They work closely with their employees and customers to ensure that sustainability is integrated into all aspects of the business.
For more information about BLUECO LIMITED and their products and services, you can visit their website at www.bluecoltd.com. Their registered office address is 123 Green Street, London, UK. With their focus on sustainability, BLUECO LIMITED is a pioneer in promoting a greener and more environmentally-friendly way of living.
