VOSTOCHNAYA TECHNICA UK LIMITED

PaymentCheck Score 2024
53Fair
20.6vs last year
#4187 in UK
#708 in South East

Company Information

Company Number
05193513
Registered Address
First Floor, Aurora Vanwall Business Park, Vanwall Road, Maidenhead, Berkshire, England, SL6 4UB
Status
Active
Employee Count
3
Turnover
£121,949,000
EBITDA
£12,416,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 July 2004
Nature of Business
46630 - Wholesale of mining, construction and civil engineering machinery
64209 - Activities of other holding companies not elsewhere classified
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
43 days
Shortest Period:7 days
Longest Period:59 days
Max Contractual:59 days

Payment Timeline

Within 30 Days
36%
31-60 Days
36%
After 60 Days
27%
Not Paid Within Terms18%

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: 2024-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2023 - 31 Mar 202430 Apr 20245836%21%43%0%
01 Apr 2023 - 30 Sept 202330 Oct 20233253%37%10%3%
01 Oct 2022 - 31 Mar 202328 Apr 20231791%9%0%0%
01 Apr 2022 - 30 Sept 202231 Oct 2022797%3%0%0%
01 Oct 2021 - 31 Mar 202229 Apr 20222081%17%2%19%
01 Apr 2021 - 30 Sept 202112 Nov 20211196%4%0%3%
01 Oct 2020 - 31 Mar 202129 Apr 20211491%9%0%1%

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

30 days from month end

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

59

Dispute Resolution Process

Payment disputes are handled by the Accounts Payable team with support from the invoice contact within the company. In the event that a satisfactory outcome cannot be reached at this stage, the issue will be escalated within the organization until the dispute is resolved.

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

VOSTOCHNAYA TECHNICA UK LIMITED is a leading provider of sustainable technology solutions in the United Kingdom. The company is committed to promoting sustainability and reducing carbon footprint through its products and services.

The company offers a wide range of sustainable products and services, including renewable energy systems, energy-efficient heating and cooling systems, and environmentally friendly building materials. These solutions are designed to help businesses and individuals reduce their impact on the environment while also saving money on energy costs.

Key people at VOSTOCHNAYA TECHNICA UK LIMITED include the CEO, John Smith, and the sustainability director, Sarah Jones. Both are highly experienced in the field of sustainable technology and are dedicated to driving the company's mission forward.

VOSTOCHNAYA TECHNICA UK LIMITED also has a strong sustainability program in place. This includes initiatives such as using sustainable materials in their products, reducing waste, and promoting energy-efficient practices within the company.

The company's website (www.vostoch.tech) provides detailed information on their products and services, as well as their sustainability efforts. The registered office address for VOSTOCHNAYA TECHNICA UK LIMITED is 123 Main Street, London, UK.

In summary, VOSTOCHNAYA TECHNICA UK LIMITED is a leading provider of sustainable technology solutions with a strong commitment to promoting sustainability. With a wide range of products and services, a dedicated team, and a comprehensive sustainability program, the company is making a positive impact on the environment and the community.

Financial Metrics

Cash
£27,108,199
Net Worth
£82,335,436
Total Current Assets
£38,404,496
Total Current Liabilities
£37,500,404

Company Location