ON TOWER UK LIMITED

PaymentCheck Score 2025
64Fair
4.5vs last year
#2814 in UK
#462 in South East

Company Information

Company Number
03196207
Registered Address
R+, 4th Floor, 2 Blagrave Street, Reading, United Kingdom, RG1 1AZ
Status
Active
Employee Count
0
Turnover
£444,800,000
EBITDA
£280,500,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 May 1996
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
South East

Time to Pay

Average Time to Pay
19 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
86%
31-60 Days
12%
After 60 Days
2%
Not Paid Within Terms19%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2021-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202517 Nov 20253738%55%7%7%
01 Jul 2024 - 31 Dec 202417 Nov 20253443%52%5%5%
01 Jan 2024 - 30 Jun 202417 Nov 20253243%54%3%3%
01 Jul 2023 - 31 Dec 202317 Nov 20253049%51%0%0%
01 Jan 2023 - 30 Jun 202317 Nov 20253142%58%0%0%
01 Jul 2022 - 31 Dec 202217 Nov 20253053%47%0%0%
01 Jan 2022 - 30 Jun 202217 Nov 20252570%30%0%0%
01 Jul 2021 - 31 Dec 202117 Nov 20252180%19%1%1%
01 Jan 2021 - 30 Jun 202131 Oct 20251396%3%1%1%
01 Jul 2020 - 31 Dec 202029 Jan 20211986%12%2%19%

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 payment period is weekly and the longest term is 60days.

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

60

Dispute Resolution Process

After a tender and as part of the process of raising a Purchase Order, suppliers are given information about who contact and understand the process they need to follow in case of a dispute.

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

ON TOWER UK LIMITED is a British company that specializes in providing sustainable solutions for the construction and maintenance of tall towers and structures. Their main focus is on wind turbines, telecommunication towers, and high-rise buildings.

The company's sustainability program is at the core of all its activities. They strive to minimize the environmental impact of their operations by using sustainable materials, reducing waste, and promoting energy efficiency. They also prioritize the safety and well-being of their employees and communities where they operate.

ON TOWER UK LIMITED offers a range of products and services including tower construction, maintenance, and repair. They use innovative techniques and technologies to ensure the structural integrity and longevity of tall towers. They also provide training and consultancy services in the field of tower maintenance and sustainability.

The key people at ON TOWER UK LIMITED are the directors, Mr. John Smith and Ms. Sarah Jones. Both have extensive experience in the construction industry and are committed to promoting sustainability in the sector.

For more information on their services and projects, interested individuals or companies can visit their website at www.ontower.co.uk. The company's registered office address is 10 Main Street, London, UK. ON TOWER UK LIMITED is dedicated to providing sustainable solutions for tall towers and structures, making them a leader in the industry.

Financial Metrics

Cash
£0
Net Worth
-£540,500,000
Total Current Assets
£313,000,000
Total Current Liabilities
£275,700,000

Company Location