BECHTEL MANAGEMENT COMPANY LIMITED
Company Information
- Company Number
- 04252526
- Registered Address
- 6th Floor, Building 6, Chiswick Park, 566 Chiswick High Road, London, England, W4 5HR
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 20815000.0
- EBITDA
- -257000.0
Additional Details
- Website
- https://bechtel.com
- Company Type
- Private limited Company
- Incorporated On
- 16 July 2001
- Nature of Business
- 42990 - Construction of other civil engineering projects not elsewhere classified
- Industries
- 0
- Region
- London
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 32 | 68% | 28% | 4% | 17% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 30 | 74% | 25% | 1% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 32 | 62% | 34% | 4% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 31 | 68% | 31% | 1% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 28 | 77% | 22% | 1% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Jul 2021 | 27 | 79% | 21% | 0% | 8% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 28 | 79% | 21% | 0% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 30 | 74% | 25% | 1% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 30 | 78% | 21% | 1% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 37 | 66% | 28% | 6% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 34 | 63% | 33% | 4% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 39 | 61% | 26% | 13% | 40% |
Company Summary
Bechtel Management Company Limited is a global engineering, construction, and project management company headquartered in London, United Kingdom
Their primary focus is on large-scale infrastructure projects, including transportation, energy, and telecommunications
Sustainability is a key focus for Bechtel, and the company has a dedicated program in place to ensure all projects and operations are environmentally responsible
This includes reducing their carbon footprint, implementing sustainable design practices, and promoting green technologies
Their services include project management, engineering, procurement, and construction for a wide range of industries
They also offer consulting services in areas such as sustainability, risk management, and project financing
The company is led by a team of experienced executives, including Chairman and CEO Brendan Bechtel
They have a strong global presence, with over 50,000 employees working in more than 40 countries
Contact information for Bechtel Management Company Limited can be found on their website, including their registered office address in London
Their website also provides more detailed information on their sustainability program, services, and projects
Bechtel Management Company Limited is committed to delivering high-quality, sustainable projects that make a positive impact on the world
Company Review
Trend Analysis
The trend for BECHTEL MANAGEMENT COMPANY LIMITED from 2018 to 2023 shows a steady decrease in the average time taken to pay invoices, with a slight increase in the last period. There is also a consistent increase in the percentage of invoices paid within 30 days, with a slight decrease in the last period. The percentage of invoices paid between 31 and 60 days has fluctuated but remained relatively constant, with a slight increase in the last period. The percentage of invoices paid later than 60 days has consistently decreased, with no instances in the last two periods.
Volatility Analysis
Overall, there has been a decrease in volatility in the data from 2018 to 2023. The biggest changes can be seen in the percentage of invoices paid later than 60 days, which has decreased from 13% to 0% over the five-year period. There has also been a decrease in the percentage of invoices not paid within agreed terms, from 40% to 9%.
Summary Analysis
From 2020 to 2023, BECHTEL MANAGEMENT COMPANY LIMITED has consistently decreased the average time taken to pay invoices, with a slight increase in the last period. There has also been a consistent increase in the percentage of invoices paid within 30 days, with a slight decrease in the last period. The percentage of invoices paid later than 60 days has consistently decreased, with no instances in the last two periods. There has also been a decrease in volatility in the data, with the biggest changes seen in the decrease of invoices paid later than 60 days and those not paid within agreed terms. The trend analysis shows a steady improvement in payment times, while the volatility analysis highlights a decrease in variability in the data. This suggests that BECHTEL MANAGEMENT COMPANY LIMITED has been making efforts to pay invoices more promptly and consistently over the past few years.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Bechtel Management Company Limited's standard payment terms provide for payment within 30 days from the receipt of a proper invoice (i.e. an invoice submitted in accordance with the agreed requirements). However, Bechtel Management Company Limited is flexible in its approach and different payment terms may be negotiated on a case-by-case basis.
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
60
Dispute Resolution Process
Bechtel Management Company Limited actively seeks to resolve disputes by engaging in dialogue with the supplier(s) in question. Where we are not able to resolve the dispute by dialogue, our contracts provide for resolution of the dispute through some other method, such as litigation or arbitration.
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
