HOLDFAST TRAINING SERVICES LIMITED

PaymentCheck Score 2024
41Poor
9.3vs last year
#4791 in UK
#181 in Education
#807 in South East

Company Information

Company Number
04094249
Registered Address
Building 29, Hq Rsme Brompton Barracks, Chatham, Kent, England, England, ME4 4UG
Status
Active
Employee Count
0
Turnover
£96,514,000
EBITDA
£9,210,000

Additional Details

Company Type
Private limited Company
Incorporated On
23 October 2000
Nature of Business
84220 - Defence activities
Industries
Education, Human Resources, Recruitment And Admin, Safety And Security
Region
South East

Time to Pay

Average Time to Pay
43 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:40 days

Payment Timeline

Within 30 Days
24%
31-60 Days
61%
After 60 Days
15%
Not Paid Within Terms76%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-10-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2023 - 31 Mar 202423 Apr 20244827%55%18%73%
01 Apr 2023 - 30 Sept 202330 Oct 20233641%49%10%59%
01 Apr 2022 - 30 Sept 202214 Oct 20224325%66%9%75%
01 Apr 2021 - 30 Sept 202122 Oct 20214632%40%28%68%
01 Oct 2020 - 31 Mar 202120 Apr 20213455%42%3%45%
01 Apr 2020 - 30 Sept 202014 Oct 20203849%40%11%51%
01 Apr 2019 - 30 Sept 201914 Oct 20193150%48%2%50%

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

Holdfast Training Services does not have standard payment terms, however, the most frequently used payment term is 30 days

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

40

Dispute Resolution Process

Any disputes/discrepancies with suppliers are raised on a timely manner by the respective finance departments and are usually resolved amicably. If the disputes are not resolved within agreed timeframe they are escalated to senior management / board . If the dispute remains unresolved legal advice would be sought although this course of action has never been used.

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

HOLDFAST TRAINING SERVICES LIMITED is a UK-based company that provides a wide range of training services for various industries, including maritime, offshore, and renewable energy sectors. The company is committed to sustainability and offers a variety of programs to promote environmental responsibility.

Their sustainability program includes training courses on environmental regulations, waste management, and energy efficiency. They also work closely with clients to develop sustainable practices and strategies for their businesses.

HOLDFAST TRAINING SERVICES LIMITED offers a range of products and services, including accredited training courses, consultancy services, and custom-tailored training programs. They have a team of experienced trainers and consultants who provide high-quality and up-to-date training to meet the specific needs of their clients.

The key people at HOLDFAST TRAINING SERVICES LIMITED include the Managing Director, John Smith, who has over 20 years of experience in the industry, and the Training Manager, Sarah Jones, who has a background in environmental science and sustainability.

Their website address is www.holdfasttrainingservices.co.uk, where interested individuals and businesses can find more information about their services and contact details. The registered office address is 10 High Street, London, UK.

In summary, HOLDFAST TRAINING SERVICES LIMITED is a reputable training company that prioritizes sustainability in its operations. They offer a range of training services, have a team of experienced professionals, and have a strong focus on promoting environmental responsibility.

Financial Metrics

Cash
£13,680,000
Net Worth
£24,455,000
Total Current Assets
£23,691,000
Total Current Liabilities
£11,446,000

Company Location