AMEY DEFENCE SERVICES HOUSING LIMITED
Company Details
Registration Number
05428732
Registered Address
Chancery Exchange 10 Furnival Street London United Kingdom EC4A 1AB
Company Status
Active
Employee Count
0
Turnover
£170,545,000
EBITDA
£12,546,000
Additional Information
Website
modernhousingsolutions.comCompany Type
Private limited Company
Incorporated on
19 April 2005
Nature of Business (SIC)
96090 - Other service activities not elsewhere classified
Industries
0
Region
LondonCompany Location
Financial Overview
£187,000
£42,342,000
Last Reporting Period
Filed
29 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
2 days
Payment Periods
Shortest
14 days
Longest
60 days
Max Contractual
60 days
Payment Timeline
Not Paid Within Terms
3%
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 2 | 92% | 8% | 0% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 26 | 83% | 15% | 2% | 23% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 25 | 83% | 13% | 4% | 22% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 27 | 82% | 15% | 3% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 19 | 88% | 10% | 2% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 23 | 80% | 16% | 4% | 24% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 25 | 68% | 26% | 6% | 37% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 25 | 67% | 31% | 2% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 27 | 69% | 26% | 5% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 26 | 67% | 26% | 7% | 34% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 46 | 53% | 33% | 15% | 25% |
Company Summary
Amey Defence Services (Housing) Limited is a company that provides housing and property management services to the UK Ministry of Defence
They are a subsidiary of Amey Plc, a leading infrastructure and support services company
The company's main activities include managing and maintaining military housing and accommodation facilities for the armed forces
They work closely with the Ministry of Defence to ensure that the housing needs of military personnel and their families are met
Amey Defence Services (Housing) Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact
They have implemented energy-saving measures in their properties and promote recycling and waste reduction
They also support community initiatives and charities through their corporate social responsibility program
The company offers a range of services such as repairs and maintenance, refurbishment and renovation, and estate management for their military housing properties
They also provide housing solutions for military personnel who are transitioning to civilian life
Some key people in Amey Defence Services (Housing) Limited include Managing Director, Andrew Williamson, and Operations Director, Chris Morgan
They have a team of experienced and dedicated professionals who work to ensure the smooth operation of their housing services
For more information about their services, sustainability program, and company updates, interested individuals can visit their website at https://www.ameydefenceservices.co.uk/
The registered office address for Amey Defence Services (Housing) Limited is The Sherard Building, Edmund Halley Road, Oxford Science Park, Oxford, OX4 4DQ
Company Review
Trend Analysis
The data for AMEY DEFENCE SERVICES (HOUSING) LIMITED shows a consistent decrease in the average time taken to pay invoices, with a sharp decrease in the most recent period. The percentage of invoices paid within 30 days has also consistently increased, while the percentage of invoices paid later than 60 days has decreased.
Volatility Analysis
The data for AMEY DEFENCE SERVICES (HOUSING) LIMITED shows some volatility in the percentage of invoices paid within 30 days and between 31 and 60 days, with slight fluctuations over the periods. However, the overall trend shows a decrease in the time taken to pay invoices, indicating a more stable payment process.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Amey Defence Services Limited has a number of standard payment terms in place which vary depending on type of activity and service provider. • Materials suppliers – 60 days from end of month following invoice date. • Service Suppliers – standard 60 days from invoice. Key delivery partners are typically paid 14 days from work completion. Subcontractor payment runs are produced fortnightly with all work items marked as completed and due for payment included within the payment cycle.
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
In accordance with good practice, we aim to validate all invoices in a timely manner with any discrepancies or queries being referred to the supplier or subcontractor for resolution or invoice correction.
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?
❌
