GARDLINE LIMITED

Company Information

Company Number
04589821
Registered Address
Endeavour House, Admiralty Road, Great Yarmouth, Norfolk, NR30 3NG
Status
Active
Employee Count
389
Turnover
£139,112,000
EBITDA
£33,572,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 November 2002
Nature of Business
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
East of England

Time to Pay

Average Time to Pay
44 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
25%
31-60 Days
58%
After 60 Days
17%
Not Paid Within Terms21%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-10-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201916 Oct 20194425%58%17%21%

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

Our standard payment terms are 45 days from the end of the month the invoice is received.

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

60

Dispute Resolution Process

We have a dedicated accounts payable department who deal with disputed invoices. This department is assisted by their colleagues in the purchasing departments to ensure a timely resolution of any disputed invoices.

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

GARDLINE LIMITED is a leading provider of marine services, environmental surveys and renewable energy solutions. The company was established in 1969 and is based in Great Yarmouth, Norfolk, United Kingdom.

The company offers a wide range of services including marine and environmental surveys, geotechnical investigations, renewable energy solutions, marine geophysics, and offshore construction support. They also provide consultancy services for the oil and gas, renewable energy, and marine industries.

GARDLINE LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have an ISO 14001 certified environmental management system in place and actively work towards reducing their carbon footprint. The company also invests in renewable energy sources such as wind and solar power.

The company's key people include the Chairman and CEO, David Thorne, and the Managing Director, Steve Thorne. They have a team of experienced professionals who are dedicated to providing high-quality services to their clients.

Customers can contact GARDLINE LIMITED through their website, which provides information about their services, projects, and latest news. The registered office address is at Endeavour House, Admiralty Road, Great Yarmouth, Norfolk, NR30 3NG, United Kingdom.

Overall, GARDLINE LIMITED is a reputable company that offers a wide range of marine services and is committed to sustainability. With their experienced team and dedication to reducing their environmental impact, they continue to be a leader in the industry.

Financial Metrics

Cash
£7,331,473
Net Worth
£31,899,781
Total Current Assets
£73,216,538
Total Current Liabilities
£41,884,640

Company Location