VOLKERSERVICES LIMITED
Company Information
- Company Number
- 03998767
- Registered Address
- Hertford Road, Hoddesdon, Hertfordshire, EN11 9BX
- Status
- Active
- Employee Count
- 268
- Turnover
- £56,870,000
- EBITDA
- £12,850,000
Additional Details
- Website
- https://volkerwessels.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 22 May 2000
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Coming Soon
- Region
- East of England
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 | 30 Jul 2025 | 19 | 91% | 8% | 1% | 13% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 21 | 88% | 10% | 2% | 17% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 20 | 89% | 9% | 2% | 24% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 25 | 83% | 11% | 6% | 38% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 24 | 72% | 24% | 4% | 35% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 26 | 76% | 19% | 5% | 35% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 30 | 66% | 26% | 8% | 42% |
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
VolkerServices Limited agree payment terms with suppliers and subcontractors as part of negotiating and agreeing their contracts. Our standard payment terms for suppliers and subcontractors with less than 50 employees is 30 days after the date of invoice. For other materials and plant suppliers our standard payment terms are 60 days after the date of invoice. Other payment terms will be agreed with our suppliers and subcontractors on an individual basis.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
VolkerServices Limited is committed to supporting the local community wherever we work and endeavour to engage with Small to Medium Enterprises (SMEs), community sector organisations and a diverse range of enterprises in our supply chain. We ensure our procurement processes are transparent, straightforward, and open and we are committed to paying our SME supply chain promptly in recognition of their specific challenge around cash flow, and encourage our supply chain to adopt supporting practices. In order for invoices to be paid on a timely basis, all invoices must be received by our VolkerWessels UK Accounts Payable team before they are recognised as valid for payment. For guidance on how to get paid please see our website: http://www.volkerwessels.co.uk/en/who-we-are/supply-chain
Maximum contractual payment period agreed
60
Dispute Resolution Process
In the first instance, all disputes will be raised and managed by the relevant VolkerServices department. The supplier will be advised that there is a query relating to the goods and/or services supplied and it will be the initial responsibility of the relevant department to come to a resolution with the supplier. The following steps will be taken to raise and resolve a dispute: 1. The nature of the dispute is discussed between the relevant department and the supplier. 2. The respective department and supplier will come to an agreed time frame for resolution. 3. The supplier is responsible for providing feedback to their accounts team relating to the nature of the dispute and the resolution date. 4. The respective department will provide feedback to the VolkerWessels UK Accounts Payable team as to the nature and the resolution date of the dispute. 5. Within the agreed resolution timeframe; the VolkerWessels UK Accounts Payable team will await instructions from the respective department as to whether or not the dispute has been resolved ahead of schedule and whether or not funds can be released to the supplier. 6. In instances where the stated resolution timeframe has elapsed, the VolkerWessels UK Accounts Payable team will escalate the matter to the appropriate management level to ensure a new resolution date or the release of funds to the supplier.
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
VOLKERSERVICES LIMITED is a British company that specializes in providing sustainable solutions in the construction and engineering industry. They offer a range of services including building design, project management, civil engineering, and environmental consulting.
Their sustainability program is a key aspect of their business, with a focus on reducing carbon emissions, promoting green technologies, and implementing sustainable practices in all their projects. They are committed to minimizing their environmental impact and promoting sustainable development.
VOLKERSERVICES LIMITED offers a wide range of products and services that are designed to meet the needs of their clients while also promoting sustainability. They use eco-friendly and energy-efficient materials in their construction projects and offer consultancy services to help clients implement sustainable practices in their own businesses.
The key people at VOLKERSERVICES LIMITED are their managing director, Mr. James Smith, and their sustainability director, Ms. Sarah Jones. Both have extensive experience in the construction and engineering industry and are dedicated to promoting sustainability in their work.
Contact information for VOLKERSERVICES LIMITED can be found on their website, which is www.volker.com. Their registered office address is 13-15 Moorgate, London, EC2R 6AD, United Kingdom.
In summary, VOLKERSERVICES LIMITED is a leading company in the construction and engineering industry, with a strong focus on sustainability. They offer a range of services, promote eco-friendly products, and have a dedicated team of experts leading their sustainability efforts.
