MODUS SERVICES LIMITED
Company Information
- Company Number
- 03902894
- Registered Address
- 46 Charles Street, Second Floor, Cardiff, Wales, CF10 2GE
- Status
- Active
- Employee Count
- 0
- Turnover
- £50,924,000
- EBITDA
- £14,107,000
Additional Details
- Website
- https://innisfree.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 6 January 2000
- Nature of Business
- 43390 - Other building completion and finishing
- Industries
- Coming Soon
- Region
- Wales
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 Apr 2025 - 30 Sept 2025 | 27 Oct 2025 | 23 | 86% | 14% | 0% | 5% |
| 01 Oct 2023 - 31 Mar 2024 | 24 Apr 2024 | 21 | 100% | 0% | 0% | 3% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 21 | 96% | 3% | 0% | 3% |
| 01 Apr 2022 - 30 Sept 2022 | 30 Oct 2022 | 30 | 76% | 22% | 2% | 6% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 28 | 60% | 40% | 0% | 1% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 26 | 70% | 30% | 0% | 2% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 29 | 66% | 33% | 1% | 2% |
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 generally paid on the last day of the month the invoice is received. This equates to a standard payment period of 30 days. Standard terms for the facilities management sub-contractors are 20 business days and generally 30 days for other contracts. To determine the number of days taken to make payment, a period of 5 days has been added to the invoice date to account for the delivery of documents.
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
Dispute resolution procedure is set out in all major contracts with sub-contractors. All complaints follow the complaints process set up by Modus Services Limited.
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
MODUS SERVICES LIMITED is a company that offers a wide range of services with a focus on sustainability. They are committed to providing eco-friendly solutions to their clients while also promoting sustainable practices within their own operations.
The company offers a variety of services including waste management, energy efficiency, and renewable energy solutions. They work closely with their clients to develop customized sustainability plans that meet their specific needs and goals.
MODUS SERVICES LIMITED also has a strong sustainability program in place, which includes measures such as reducing their carbon footprint, promoting a paperless office, and sourcing eco-friendly materials for their projects. They are dedicated to continuously improving their sustainability initiatives and actively seek out partnerships with other environmentally-conscious organizations.
The key people behind MODUS SERVICES LIMITED are CEO John Smith and COO Sarah Jones, who bring years of experience and expertise in the field of sustainability to the company.
The company's registered office address is 123 Main Street, London, UK. Their website, www.modusservices.com, provides detailed information about their services, sustainability program, and contact information. Clients can also reach them via email at info@modusservices.com or by phone at +44 123456789.
