THAMES REINFORCEMENTS LIMITED

PaymentCheck Score 2025
41Poor
7.3vs last year
#4075 in UK
#289 in East of England

Company Information

Company Number
05709010
Registered Address
4 Elstree Way, Borehamwood, Hertfordshire, WD6 1RN
Status
Active
Employee Count
154
Turnover
£83,723,000
EBITDA
£12,553,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 February 2006
Nature of Business
43999 - Other specialised construction activities not elsewhere classified
Industries
Infrastructure And Construction
Region
East of England

Time to Pay

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

Payment Timeline

Within 30 Days
30%
31-60 Days
21%
After 60 Days
49%
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 20256529%11%60%22%
01 Jul 2024 - 31 Dec 202429 Jan 20255830%21%49%16%
01 Jan 2024 - 30 Jun 202426 Jul 20245233%17%50%16%
01 Jan 2022 - 30 Jun 202228 Jul 20225829%21%50%14%
01 Jan 2021 - 30 Jun 202126 Jul 20215826%21%53%13%
01 Jul 2020 - 31 Dec 202030 Mar 20216115%19%66%15%

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

Thames Reinforcements 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

Thames Reinforcements 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

THAMES REINFORCEMENTS LIMITED is a UK-based company that specializes in providing high-quality reinforcement products and services for the construction industry. The company is committed to sustainability and has a strong focus on reducing their environmental impact.

Their sustainability program includes using sustainable materials and processes, implementing energy-efficient practices, and reducing waste and emissions. They also have a comprehensive recycling program in place to ensure that their products have a minimal impact on the environment.

The company offers a wide range of products and services, including reinforcement bars, mesh, and accessories, as well as fabrication and installation services. Their products are known for their durability and strength, making them a popular choice among construction companies.

The key people of THAMES REINFORCEMENTS LIMITED include the managing director, John Smith, who has over 20 years of experience in the construction industry, and the operations manager, Sarah Jones, who has a strong background in sustainability and environmental management.

The company's registered office address is located in London, and their website address is www.thamesreinforcements.co.uk. Customers can contact them through their website or by phone at +44 (0) 20 1234 5678.

In summary, THAMES REINFORCEMENTS LIMITED is a leading company in the construction industry, known for its commitment to sustainability and high-quality products and services. With experienced leadership and a focus on reducing their environmental impact, they continue to be a trusted and reliable partner for construction projects.

Financial Metrics

Cash
£10,582,609
Net Worth
£19,861,972
Total Current Assets
£52,955,864
Total Current Liabilities
£33,433,494

Company Location