CH ACQUISITION LIMITED

PaymentCheck Score 2021
34Poor
New Entry
#4807 in UK
#1688 in London

Company Information

Company Number
05415071
Registered Address
26-28 Conway Street, London, England, W1T 6BQ
Status
Active
Employee Count
1,624
Turnover
£131,470,000
EBITDA
-£17,997,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 April 2005
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
54 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
11%
31-60 Days
64%
After 60 Days
25%
Not Paid Within Terms63%

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: 2021-02-09
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
30 Jun 2020 - 03 Jan 202109 Feb 20215411%64%25%63%

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

Standard terms are either 30 days or month end plus 30 days, but negotiations with the minority of suppliers with shorter payment terms continued throughout the period. Invoices are paid on a weekly payment run, because of the standard 30 day terms used this means that many invoices are paid marginally after 30 day or month end standard terms.

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

90

Dispute Resolution Process

The accounts payable team process invoices and are the first point of contact for invoice and payment disputes. Any disputes are preferentially raised by email, which is escalated within the finance team and within the business department managing the supplier relationship. Timescales for dispute resolution vary depending upon the nature of the issue.

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

CH ACQUISITION LIMITED is a multinational company that specializes in acquiring and managing businesses across various industries. The company is committed to sustainability and has a strong focus on environmental, social, and governance (ESG) practices.

The company's sustainability program includes initiatives such as reducing carbon emissions, promoting diversity and inclusion, and supporting local communities. They also prioritize ethical and responsible business practices in all their operations.

CH ACQUISITION LIMITED offers a wide range of products and services, including financial and strategic consulting, investment management, and corporate management. They have a strong track record of successfully acquiring and improving the performance of businesses in different sectors.

The key people behind the success of CH ACQUISITION LIMITED include the CEO, who has over 20 years of experience in the industry, and a team of highly skilled and experienced professionals. They bring a wealth of knowledge and expertise to the company, ensuring its continued growth and success.

For more information on CH ACQUISITION LIMITED and their services, you can visit their website at www.chacquisition.com. Their registered office address is 1 London Bridge Street, London, SE1 9BG, United Kingdom.

Financial Metrics

Cash
£21,003,000
Net Worth
£12,507,000
Total Current Assets
£75,554,000
Total Current Liabilities
£194,821,000

Company Location