INCENTIVE FACILITIES MANAGEMENT LIMITED
Company Information
- Company Number
- 04324546
- Registered Address
- New Century House, The Havens, Ipswich, Suffolk, England, IP3 9SJ
- Status
- Active
- Employee Count
- 1,322
- Turnover
- £56,054,000
- EBITDA
- £1,292,000
Additional Details
- Website
- https://incentive-tec.com/
- Company Type
- Private limited Company
- Incorporated On
- 19 November 2001
- Nature of Business
- 81100 - Combined facilities support activities
- Industries
- Property,Infrastructure And Construction
- 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 Jul 2023 - 31 Oct 2023 | 30 Jan 2024 | 65 | 0% | 57% | 43% | 81% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 56 | 31% | 31% | 39% | 51% |
| 01 Jul 2022 - 31 Dec 2022 | 03 Aug 2023 | 84 | 0% | 34% | 66% | 69% |
| 01 Apr 2022 - 30 Jun 2022 | 03 Aug 2023 | 98 | 0% | 23% | 77% | 76% |
| 01 Oct 2021 - 31 Mar 2022 | 25 Apr 2022 | 42 | 34% | 36% | 30% | 61% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Apr 2022 | 38 | 32% | 47% | 22% | 79% |
| 01 Oct 2020 - 31 Mar 2021 | 16 Jun 2021 | 39 | 33% | 52% | 15% | 70% |
| 01 Apr 2020 - 30 Sept 2020 | 16 Jun 2021 | 37 | 37% | 44% | 19% | 75% |
| 01 Oct 2019 - 31 Mar 2020 | 09 Apr 2020 | 53 | 26% | 36% | 38% | 66% |
| 01 Apr 2019 - 30 Sept 2019 | 19 Mar 2020 | 48 | 30% | 40% | 30% | 75% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Apr 2019 | 51 | 24% | 44% | 32% | 64% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 51 | 18% | 49% | 33% | 75% |
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
60 Days End of Month
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
Centrally managed Procurement & Purchase Ledger teams dealing with supplier relationships and disputes.
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
INCENTIVE FACILITIES MANAGEMENT LIMITED is a leading facilities management company based in the United Kingdom. Founded in 1999, the company offers a wide range of services including maintenance, cleaning, security, and energy management, to help businesses and organizations operate smoothly.
One of the key focuses of INCENTIVE FACILITIES MANAGEMENT LIMITED is sustainability. The company has a dedicated sustainability program that aims to reduce its environmental impact and promote sustainable practices. They have implemented measures such as using eco-friendly cleaning products, reducing energy consumption, and promoting recycling and waste management.
The company offers a variety of products and services to support their sustainability efforts. These include energy-efficient lighting and heating systems, water-saving solutions, and green cleaning services. They also provide consultancy services to help clients improve their sustainability strategies and reduce their carbon footprint.
The key people behind INCENTIVE FACILITIES MANAGEMENT LIMITED are its directors, Marcia Trew and David Wilson. Both have extensive experience in the facilities management industry and are committed to driving the company's sustainability goals.
For more information, interested parties can visit the company's website at www.incentive-fmgroup.com. The registered office address is located at 1 Bell Lane, Uckfield, East Sussex, TN22 1QL, United Kingdom. INCENTIVE FACILITIES MANAGEMENT LIMITED is dedicated to providing high-quality and sustainable facilities management solutions to its clients, making it a trusted and reliable partner in the industry.
