ALTRAD SERVICES LIMITED

PaymentCheck Score 2025
35Poor
2.6vs last year
#4251 in UK
#320 in Property
#342 in North West

Company Information

Company Number
03337119
Registered Address
6-7 Lyncastle Way Barleycastle Lane, Appleton, Warrington, England, WA4 4ST
Status
Active
Employee Count
0
Turnover
£486,915,000
EBITDA
£45,819,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 March 1997
Nature of Business
43210 - Electrical installation
43290 - Other construction installation
43999 - Other specialised construction activities not elsewhere classified
Industries
Property, Infrastructure And Construction, Property-related Goods And Services, Safety And Security, Supply Chain, Manufacturing And Commerce Models
Region
North West

Time to Pay

Average Time to Pay
65 days
Shortest Period:7 days
Longest Period:91 days
Max Contractual:91 days

Payment Timeline

Within 30 Days
10%
31-60 Days
36%
After 60 Days
54%
Not Paid Within Terms28%

Payment Features

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

Payment Score History

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

Company Review

Trend Analysis

The data for ALTRAD SERVICES LIMITED shows a consistent decrease in the average time taken to pay invoices from 2018 to 2023. The company's average time to pay has decreased from 90 days in Jan 2018 to 65 days in Aug 2023, indicating a positive trend towards faster payment to suppliers.

Volatility Analysis

The data for ALTRAD SERVICES LIMITED shows some volatility in the percentage of invoices paid within 30 days, with a decrease from 12% in Mar 2021 to 7% in Sep 2021, followed by an increase to 14% in Mar 2022. However, there is a consistent trend of increasing percentages for invoices paid between 31 and 60 days, and later than 60 days, indicating a delay in payment to suppliers.

Performance Reports History

Reporting Period Filed: 2023-09-19
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2025 - 31 Aug 202503 Sept 20256122%37%41%55%
01 Sept 2024 - 28 Feb 202513 Mar 2025617%33%60%26%
01 Sept 2023 - 29 Feb 202407 Mar 2024656%39%55%21%
01 Mar 2023 - 31 Aug 202319 Sept 20236510%36%54%28%
01 Sept 2022 - 28 Feb 202307 Mar 2023647%41%52%32%
01 Mar 2022 - 31 Aug 202215 Sept 20225913%47%40%39%
01 Sept 2021 - 28 Feb 202221 Mar 20225414%55%31%31%
01 Mar 2021 - 31 Aug 202130 Sept 20215912%51%38%48%
01 Sept 2020 - 28 Feb 202126 Mar 2021656%45%48%52%
01 Mar 2020 - 31 Aug 202015 Oct 20207210%34%56%62%
01 Sept 2019 - 29 Feb 202030 Mar 20201019%37%54%38%
01 Mar 2019 - 31 Aug 201930 Sept 20191096%30%64%57%
01 Sept 2018 - 28 Feb 201928 Mar 20191064%18%78%99%
01 Jan 2018 - 30 Jun 201830 Jul 2018907%26%67%38%

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

60 Days

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

91

Dispute Resolution Process

A detailed dispute resolution process is included in our standard company terms and conditions along with a statement of entitlement to statutory adjudication and arbitration to allow for resolution of disputes

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

Altrad Services Limited is a UK-based company that offers a wide range of industrial services to various industries such as oil and gas, petrochemical, energy, and infrastructure. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

The company's sustainability program includes reducing carbon emissions, promoting energy efficiency, and responsible waste management. They also prioritize the safety and well-being of their employees, as well as the communities they operate in.

In terms of products and services, Altrad Services Limited offers a comprehensive range of solutions including scaffolding, insulation, coatings, industrial cleaning, and mechanical services. They also provide specialist services such as rope access, asset integrity, and decommissioning.

The key people at Altrad Services Limited include CEO Louis Huetz and CFO Olivier Flambard. They have a team of over 6,000 employees across the UK, Europe, and the Middle East, who are dedicated to providing high-quality and sustainable services to their clients.

For more information on their services and sustainability initiatives, interested individuals can visit their website at https://www.altradservices.com/. The registered office address for Altrad Services Limited is Altrad House, Denmore Road, Bridge of Don, Aberdeen AB23 8JW, United Kingdom. Overall, Altrad Services Limited is a reputable company that is committed to delivering sustainable solutions to its clients while prioritizing the well-being of its employees and the environment.

Financial Metrics

Cash
£21,620,000
Net Worth
£21,800,000
Total Current Assets
£93,135,000
Total Current Liabilities
£88,285,000

Company Location