LINBROOKE SERVICES LIMITED

PaymentCheck Score 2022
50Fair
6.1vs last year
#4405 in UK
#75 in Information Technology
#233 in Yorkshire and The Humber

Company Information

Company Number
04487275
Registered Address
Unit 3 Sheffield Business Park, Churchill Way, Sheffield, S35 2PY
Status
Active
Employee Count
303
Turnover
£60,644,000
EBITDA
£430,000

Additional Details

Company Type
Private limited Company
Incorporated On
16 July 2002
Nature of Business
42120 - Construction of railways and underground railways
42220 - Construction of utility projects for electricity and telecommunications
43999 - Other specialised construction activities not elsewhere classified
61900 - Other telecommunications activities
Industries
Information Technology,Telecommunications And Data,Property,Infrastructure And Construction
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
43 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
32%
31-60 Days
51%
After 60 Days
17%
Not Paid Within Terms49%

Payment Features

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

Payment Score History

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

Company Review

Trend Analysis

The average time for LINBROOKE SERVICES LIMITED to pay invoices has decreased over the past three periods. In October 2019 to March 2020, the average time was 48 days, which decreased to 42 days in April 2019 to March 2020. The trend continued in October 2020 to March 2021 with an average payment time of 34 days. However, in the most recent period of October 2021 to March 2022, the average time increased to 43 days.

Volatility Analysis

The percentage of invoices paid within 30 days has remained relatively consistent over the past three periods, with a slight increase from 32% in April 2019 to March 2020 to 35% in October 2020 to March 2021. However, there was a significant decrease in the percentage of invoices paid between 31 and 60 days, from 61% in April 2019 to March 2020 to 51% in October 2021 to March 2022. There was also an increase in the percentage of invoices paid later than 60 days, from 7% in April 2019 to March 2020 to 17% in October 2021 to March 2022.

Summary Analysis

In the past three periods, LINBROOKE SERVICES LIMITED has shown a trend of decreasing the average time to pay invoices. However, there has been a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days. The lowest average time to pay invoices was in the period of October 2020 to March 2021 at 34 days, and the highest was in the most recent period of October 2021 to March 2022 at 43 days.

Performance Reports History

Reporting Period Filed: 2022-08-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2021 - 31 Mar 202201 Aug 20224332%51%17%49%
01 Oct 2020 - 31 Mar 202126 Apr 20213435%61%4%49%
01 Apr 2020 - 30 Sept 202026 Apr 20214232%61%7%38%
01 Oct 2019 - 31 Mar 202027 Jul 20204822%57%21%22%
01 Apr 2019 - 31 Mar 202014 Oct 20204232%61%7%38%

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

https://linbrooke.co.uk/faq/procurement-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

60

Dispute Resolution Process

Disputes are initially passed to the purchase ledger team with a defined escalation process to: 1. Procurement team (who raised the Purchase order) 2. Commercial Manager responsible for the contract 3. Finance Manager 4. Head of Finance

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

LINBROOKE SERVICES LIMITED is a leading engineering and technology services company based in the United Kingdom. The company provides innovative solutions to the rail, transportation, and telecommunication industries.

The company offers a wide range of services including design, installation, commissioning, and maintenance of railway systems, telecommunications networks, and power infrastructure. They also provide project management, consulting, and training services.

One of the key focuses of LINBROOKE SERVICES LIMITED is sustainability. The company is committed to reducing its carbon footprint and promoting environmentally friendly practices in all aspects of its business operations. They have implemented various initiatives, such as using renewable energy sources and reducing waste, to achieve this goal.

The company's products and services are designed to enhance the efficiency and sustainability of their clients' operations. They use innovative technologies and techniques to deliver high-quality solutions that meet the specific needs of their clients.

The key people at LINBROOKE SERVICES LIMITED include the managing director, Peter Dent, and the operations director, David Bate. They have a team of highly skilled and experienced professionals who are dedicated to providing exceptional services to their clients.

The company's registered office address is LINBROOKE SERVICES LIMITED, Unit 7, Eastwood Court, Unit 7, Eastwood Court, Broadwater Road, Sheffield, S25 3QY, United Kingdom. Their website address is www.linbrooke.co.uk, where more information about their services and sustainability program can be found. Overall, LINBROOKE SERVICES LIMITED is a reputable and sustainable company that is committed to providing high-quality engineering and technology services to its clients.

Financial Metrics

Cash
£1,834,711
Net Worth
£2,126,026
Total Current Assets
£28,085,466
Total Current Liabilities
£21,839,145

Company Location