KBR ASPIRE SERVICES LIMITED
Company Information
- Company Number
- 05704218
- Registered Address
- Hill Park Court, Springfield Drive, Leatherhead, Surrey, KT22 7NL
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 102794000.0
- EBITDA
- 3067000.0
Additional Details
- Website
- https://kbr.com
- Company Type
- Private limited Company
- Incorporated On
- 9 February 2006
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- 0
- Region
- South East
Company Location
Financial Metrics
Time to Pay
Payment Timeline
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 | 02 Feb 2024 | 34 | 19% | 81% | 0% | 0% |
Company Summary
KBR (ASPIRE SERVICES) LIMITED is a leading provider of engineering, construction, and professional services to various industries
The company was established in 2007 and is headquartered in Leatherhead, Surrey
They have a strong focus on sustainability and are committed to minimizing their environmental impact
The company offers a wide range of services including project management, design and engineering, procurement, construction, and maintenance
They have a global presence and have completed projects in over 80 countries
Some of their notable projects include the development of the London 2012 Olympic Park and the expansion of the Panama Canal
KBR (ASPIRE SERVICES) LIMITED has a strong sustainability program in place, which includes reducing their carbon footprint, promoting diversity and inclusion, and supporting local communities
They also have a responsible sourcing policy in place to ensure their supply chain is ethical and environmentally friendly
The key people at KBR (ASPIRE SERVICES) LIMITED include Stuart Bradie, the President and CEO, and Mark Williams, the Executive Vice President and Chief Financial Officer
They lead a team of experienced professionals who are dedicated to providing innovative and sustainable solutions to their clients
To learn more about KBR (ASPIRE SERVICES) LIMITED, you can visit their website at www.kbr.com
Their registered office address is at 6th Floor, Number 1, London Bridge, London, SE1 9BG
They also have offices in various locations around the world, making it easy to contact them for any inquiries or project opportunities
Company Review
Trend Analysis
The trend for KBR (ASPIRE SERVICES) LIMITED in terms of average time to pay invoices has decreased over the past three periods, from 37 days in Jun 2023 to 34 days in Dec 2023. This shows an improvement in their efficiency in paying suppliers.
Volatility Analysis
There is a slight volatility in the percentage of invoices paid within 30 days, with a decrease from 25% in Jun 2023 to 19% in Dec 2023. However, the percentage of invoices paid between 31 and 60 days has consistently remained at 81%, indicating a stable payment pattern for KBR (ASPIRE SERVICES) LIMITED.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
2. Description of payment practices. The Company has one main ways of paying its vendors : via electronic payments from its bank accounts using HSBCnet . i. The business’ standard payment terms: a. The standard contractual length of time for payment of invoices. The Company has standard terms of paying 30 days from date of invoice. The most frequent used payment terms are 30 days from date of invoice. b. Maximum contractual payment period and any changes to the standard payment terms in the reporting period. The maximum contractual payment period in the reporting period was 30 days from date of invoice.
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
30
Dispute Resolution Process
ii. The business’ process for resolving disputes related to payment. • All invoice queries are raised direct with the supplier and the invoice is held in query until resolved and payment is released.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available