ACTAVO UK LIMITED
Company Details
Registration Number
04013621
Registered Address
11th Floor Two Snowhill Birmingham B4 6wr United Kingdom B4 6WR
Company Status
Active
Employee Count
195
Turnover
£14,758,000
EBITDA
£-219,000
Additional Information
Website
actavo.comCompany Type
Private limited Company
Incorporated on
13 June 2000
Nature of Business (SIC)
33200 - Installation of industrial machinery and equipment
77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
81229 - Other building and industrial cleaning activities
Industries
Cleaning, Waste management and recycling
Region
West MidlandsCompany Location
Financial Overview
£369,000
£9,799,000
Last Reporting Period
Filed
31 Jul 2019
Period
01 Jan 2019 - 30 Jun 2019
Payment Timing
Average Time to Pay
62 days
Payment Periods
Shortest
14 days
Longest
105 days
Max Contractual
105 days
Payment Timeline
Not Paid Within Terms
16%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2019 - 30 Jun 2019 | 31 Jul 2019 | 62 | 30% | 34% | 35% | 16% |
Company Summary
ACTAVO (UK) LIMITED is a leading provider of infrastructure solutions and services in the UK
The company offers a wide range of services including construction, engineering, telecommunications, and utilities
Sustainability is at the heart of ACTAVO's business operations
The company is committed to reducing its environmental impact through the use of sustainable materials, energy-efficient practices, and waste reduction initiatives
It also prioritizes the well-being and safety of its employees and the communities it operates in
ACTAVO's products and services are designed to meet the highest standards of quality and sustainability
The company offers innovative solutions that are tailored to the specific needs of its clients
Its services include project management, design and engineering, construction, and maintenance
The company also offers state-of-the-art digital solutions for improved efficiency and sustainability
Key people at ACTAVO include CEO Sean Corkery, Chairman Paul Carty, and Group Managing Director Karl Lynch
The company's team of experienced professionals and experts are committed to delivering exceptional services and solutions to its clients
For more information about ACTAVO and its services, you can visit their website at www.actavo.com
The company's registered office address is at ACTAVO House, Heron Road, Belfast, BT3 9LE
Company Review
Trend Analysis
The average time taken for ACTAVO (UK) LIMITED to pay invoices has increased from 61 days in the first half of 2018 to 62 days in the first half of 2019. However, there has been a slight improvement in the percentage of invoices paid within 30 days, increasing from 31% to 30%. This suggests that while there has been a slight delay in overall payment times, the company is making an effort to pay more invoices on time.
Volatility Analysis
The volatility in payment times for ACTAVO (UK) LIMITED can be seen in the fluctuation of the percentage of invoices paid within 30 days, which has ranged from 30% to 32% in the past three periods. This indicates that the company's payment process may not be consistent and can vary greatly from one period to another.
Summary Analysis
In the first half of 2019, ACTAVO (UK) LIMITED took an average of 62 days to pay invoices, which is an increase from the previous two periods. However, there has been a slight improvement in the percentage of invoices paid within 30 days. The percentage of invoices paid between 31 and 60 days remained consistent at 34% in the first half of 2019. The company's worst period in terms of payment was in the first half of 2018, where 35% of invoices were paid later than 60 days. ACTAVO (UK) LIMITED has a standard payment period of 14 days, which has not changed in the past three periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Depending on the nature of the invoice - utilities, goods or services - Driven by the supplier payment terms.
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
105
Dispute Resolution Process
Dispute are raised with our Accounts Payable team and passed on to the relevant operational manager as appropriate. We aim to resolve within 5 working days whenever 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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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