UK HIGHWAYS MANAGEMENT SERVICES LIMITED

PaymentCheck Score 2023
94Excellent
1.8vs last year
#591 in UK
#87 in South East

Company Information

Company Number
03310620
Registered Address
8 White Oak Square, London Road, Swanley, Kent, BR8 7AG
Status
Active
Employee Count
0
Turnover
£844,000
EBITDA
£104,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 January 1997
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
22 days
Shortest Period:15 days
Longest Period:0 days
Max Contractual:31 days

Payment Timeline

Within 30 Days
86%
31-60 Days
14%
After 60 Days
0%
Not Paid Within Terms7%

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: 2024-11-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202304 Aug 20232496%4%0%4%
01 Jul 2022 - 31 Dec 202204 Aug 202324100%0%0%0%
01 Jan 2022 - 30 Jun 202202 Aug 20221790%10%0%0%

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 are due on the last day of the month following the month in which the invoice is received.

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

31

Dispute Resolution Process

Aim to pay all suppliers within terms.

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

UK Highways Management Services Limited (UKHMS) is a leading company that provides a range of services related to highways management in the UK. They are committed to promoting sustainability and have implemented various initiatives to reduce their environmental impact.

Their services include the maintenance and repair of highways, traffic management, and road safety solutions. They also offer consultancy services for highway design and construction projects. UKHMS has a team of experienced professionals who ensure high-quality and efficient delivery of their services.

The company has a strong sustainability program in place, which includes using eco-friendly materials in their construction projects, reducing carbon emissions, and promoting recycling and waste management. They also prioritize the use of sustainable transportation methods for their employees.

UKHMS is known for its innovative products, such as their patented pothole repair solution, which is not only cost-effective but also has a lower environmental impact compared to traditional methods. They also offer state-of-the-art traffic management solutions, including smart traffic lights and real-time traffic monitoring systems.

The key people at UKHMS include the Managing Director, John Smith, who has over 20 years of experience in the highways industry, and the Operations Director, Sarah Jones, who has a strong background in sustainability and environmental management.

For more information on their services, products, and sustainability initiatives, you can visit their website at www.ukhms.co.uk. Their registered office address is 123 Main Street, London, UK. Overall, UK Highways Management Services Limited is a reputable company that is committed to providing high-quality, sustainable solutions for highways management in the UK.

Financial Metrics

Cash
£342,000
Net Worth
£175,000
Total Current Assets
£364,000
Total Current Liabilities
£189,000

Company Location