WORLEY EUROPE SERVICES LIMITED

Company Information

Company Number
03371550
Registered Address
27 Great West Road, Brentford, England, TW8 9BW
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
-£424,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 May 1997
Nature of Business
71129 - Other engineering activities
74901 - Environmental consulting activities
Industries
Professional Services
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
59%
31-60 Days
33%
After 60 Days
8%
Not Paid Within Terms14%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2018-10-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2018 - 31 Mar 201929 Apr 20195244%39%17%18%
01 Apr 2018 - 30 Sept 201826 Oct 20184059%33%8%14%
01 Oct 2017 - 31 Mar 201827 Apr 20184051%37%12%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

The company does not use standard payment terms; payment terms are agreed with each individual supplier depending on the nature of the goods/services supplied and the contract involved.

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

Disputes would generally be raised to the procurer of the goods/services or the Accounts payable team depending on the nature of the issue. They will review the disputed item(s) in order to see if it can be resolved quickly with the vendor and payment can be made. If this is not possible due to the dispute involving non-performance of contract or pricing differences for example, the dispute will be referred to senior project managers/senior Corporate managers and if required Legal department. Jacobs aim to resolve all vendor disputes as quickly as possible.

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

WORLEY EUROPE SERVICES LIMITED is an active private limited company that provides a range of services. The company's name indicates a focus on service provision within Europe.

Incorporated on 15 May 1997, the company operates as an active entity with company number 03371550. Its registered office is located at 27 Great West Road, Brentford, England, TW8 9BW, placing it in the South East of England.

As a company focused on services, it typically specialises in delivering professional expertise, technical support, or strategic solutions to clients. Such companies often engage in various business-to-business activities, including consulting, project management, and specialised operational support.

Financial Metrics

Net Worth
£8,400,000
Total Current Assets
£10,700,000
Total Current Liabilities
£7,300,000

Company Location