LONDON TOWER CRANE HIRE & SALES LIMITED

PaymentCheck Score 2025
46Poor
6.2vs last year
#3867 in UK
#99 in Manufacturing
#266 in East of England

Company Information

Company Number
04744574
Registered Address
4 Elstree Way, Borehamwood, Hertfordshire, WD6 1RN
Status
Active
Employee Count
100
Turnover
£41,547,000
EBITDA
£12,241,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 April 2003
Nature of Business
77320 - Renting and leasing of construction and civil engineering machinery and equipment
Industries
Manufacturing, Supply Chain, Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
60 days
Shortest Period:7 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
42%
31-60 Days
17%
After 60 Days
41%
Not Paid Within Terms16%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20256436%17%47%20%
01 Jul 2024 - 31 Dec 202429 Jan 20256042%17%41%16%
01 Jan 2024 - 30 Jun 202426 Jul 20245639%24%37%12%
01 Jan 2022 - 30 Jun 202228 Jul 20225425%32%43%15%
01 Jan 2021 - 30 Jun 202126 Jul 20215526%28%46%16%
01 Jul 2020 - 31 Dec 202030 Mar 20215431%23%46%17%
01 Jul 2019 - 31 Dec 201929 Jan 20205924%22%54%13%
01 Jan 2019 - 30 Jun 201926 Jul 20196918%15%67%24%

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

London Tower Crane Hire and Sales Limited's standard payment terms are dependent on the specific requirements of individual projects.

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

75

Dispute Resolution Process

London Tower Crane Hire and Sales Limited endeavours to keep disputes to a minimum. Where disputes do occur, we aim to resolve them in as short a time as possible.

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

LONDON TOWER CRANE HIRE & SALES LIMITED is a leading company in the construction industry, providing tower crane hire and sales services. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes using energy-efficient equipment, recycling materials, and promoting sustainable practices among their employees. They also work closely with their clients to ensure that their projects are carried out in an environmentally responsible manner.

The company offers a wide range of tower cranes for hire and sale, including self-erecting, luffing jib, and city cranes. These cranes are suitable for various construction projects, from small residential buildings to large commercial developments. They also provide customized solutions to meet the specific needs of their clients.

The key people at LONDON TOWER CRANE HIRE & SALES LIMITED are their experienced and knowledgeable team of engineers, operators, and technicians. They are dedicated to providing high-quality and efficient services to their clients.

The company can be contacted through their website, where customers can also browse their range of products and services. Their registered office is located at 1 Royal Exchange Avenue, London, EC3V 3LT, United Kingdom.

In conclusion, LONDON TOWER CRANE HIRE & SALES LIMITED is a reputable company in the construction industry, known for its commitment to sustainability and providing top-notch tower crane hire and sales services. Their experienced team and wide range of products make them a reliable choice for any construction project.

Financial Metrics

Cash
£7,261,137
Net Worth
£49,314,619
Total Current Assets
£38,422,621
Total Current Liabilities
£18,570,380

Company Location