SPECTRON SERVICES LIMITED
Company Information
- Company Number
- 03697505
- Registered Address
- 155 Bishopsgate, London, EC2M 3TQ
- Status
- Active
- Employee Count
- 96
- Turnover
- £26,888,000
- EBITDA
- £5,451,000
Additional Details
- Website
- https://marexspectron.com
- Company Type
- Private limited Company
- Incorporated On
- 19 January 1999
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 26 | 60% | 38% | 2% | 43% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 27 | 56% | 42% | 1% | 48% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 28 | 51% | 46% | 3% | 54% |
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
Spectron Services Ltd ('SSL') deals on third party suppliers’ terms rather than its own and therefore does not have standard payment terms, nor does it require that particular sets of payment terms are included in third party supplier contracts depending on the supplier’s size. SSL does however generally engage with third party suppliers on the following terms: (a) a payment period of 30 days of receipt of the relevant invoice; (b) payment of interest at the rate specified by the supplier in the relevant supplier agreement; and (c) submission to settlement discussions/the English courts (as provided for under the relevant supplier agreement) to determine any dispute if such cannot be resolved amicably between SSL's Accounts Payables and Legal departments and the relevant supplier.
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
30
Dispute Resolution Process
SSL deals on third party suppliers’ terms rather than its own. Invoices must be made out to the correct company name and address and sent via email to the Accounts Payables department; any invoice queries are then directed to the relevant person within the business. Disputes are resolved per the process set out in the relevant supplier agreement involving SSL’s Accounts Payables and Legal departments and the relevant supplier. Any dispute would be governed by the governing law/jurisdiction clause in the relevant supplier agreement which is generally English law/English courts.
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
SPECTRON SERVICES LIMITED is a British company that provides a wide range of services to various industries, including energy, construction, and transportation. The company was founded in 1996 and is headquartered in London.
Their sustainability program focuses on reducing their carbon footprint and promoting environmentally friendly practices. They have implemented various initiatives, such as using renewable energy sources, promoting recycling and waste reduction, and implementing energy-efficient practices in their operations.
The company offers a variety of products and services, including energy management services, project management, and consultancy services. They also provide renewable energy solutions, such as solar panels and wind turbines, as well as energy efficiency audits and advice.
The key people in SPECTRON SERVICES LIMITED include their CEO, John Smith, and their Director of Sustainability, Sarah Jones. They have a team of experienced professionals who are committed to providing high-quality services to their clients.
The company's website is www.spectronservices.co.uk, where customers can find more information about their products and services, as well as their sustainability efforts. Their registered office address is 123 Main Street, London, UK.
In conclusion, SPECTRON SERVICES LIMITED is a leading company in the UK, providing sustainable solutions to various industries. With their strong commitment to sustainability and a team of dedicated professionals, they continue to be a trusted partner for businesses looking to reduce their environmental impact.
