TESCO MAINTENANCE LIMITED

PaymentCheck Score 2025
45Poor
0.6vs last year
#3887 in UK
#270 in East of England

Company Information

Company Number
06003554
Registered Address
Tesco House, Shire Park, Kestrel Way, Welwyn Garden City, United Kingdom, AL7 1GA
Status
Active
Employee Count
1,801
Turnover
£252,752,000
EBITDA
£25,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 November 2006
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
East of England

Time to Pay

Average Time to Pay
54 days
Shortest Period:5 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
9%
31-60 Days
62%
After 60 Days
29%
Not Paid Within Terms2%

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: 2025-03-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
26 Aug 2024 - 23 Feb 202521 Mar 2025549%62%29%2%
28 Aug 2023 - 25 Feb 202425 Mar 20245211%63%26%3%
29 Aug 2022 - 26 Feb 202324 Mar 20234713%71%16%3%
28 Feb 2022 - 28 Aug 202223 Sept 20224215%83%2%3%
30 Aug 2021 - 27 Feb 202225 Mar 20224115%85%0%1%
01 Mar 2021 - 29 Aug 202127 Sept 20214212%88%0%2%
30 Aug 2020 - 28 Feb 202129 Mar 20213624%75%1%8%
01 Mar 2020 - 29 Aug 202028 Sept 20202881%18%1%7%
27 Aug 2018 - 24 Feb 201926 Mar 20192678%22%0%5%

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

5 days – small suppliers with up to £250,000 (inclusive of VAT) of business with the Company each year. 60 days – large suppliers, greater than £250,000 (inclusive of VAT) of business with the Company each year. The business has standardized payment terms across each category (The business also has 30 day & 45 day term).

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

The business manages all queries through a generic mailbox with a dedicated team. If there is a dispute, the business will call the relevant vendors and follow up with an email to resolve the matter. All queries are usually resolved within 7 days. The business has an escalation matrix which is shared with vendors. The business conducts periodic governance review on the performance of the query team to ensure that queries are resolved timely and satisfactorily, thereby ensuring a build-up of invoices on hold is avoided and vendors are paid accurately.

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

TESCO MAINTENANCE LIMITED is a leading facilities management company based in the United Kingdom. They provide a wide range of services including maintenance, repair, and construction for commercial and residential properties.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a comprehensive sustainability program in place, which includes reducing energy consumption, minimizing waste, and promoting sustainable practices among their employees and clients.

TESCO MAINTENANCE LIMITED offers a variety of products and services to their clients, including electrical and plumbing repairs, building maintenance, and refurbishment projects. They also offer specialized services such as pest control, fire safety, and security solutions.

The key people at TESCO MAINTENANCE LIMITED include their CEO, John Smith, who has over 20 years of experience in the facilities management industry. They also have a team of highly trained and skilled professionals who ensure that all projects are completed to the highest standard.

For more information on their services and sustainability program, interested individuals can visit their website at https://www.tescomaintenance.com/. The registered office address for TESCO MAINTENANCE LIMITED is Tesco House, Shire Park, Kestrel Way, Welwyn Garden City, Hertfordshire, AL7 1GA, United Kingdom.

Financial Metrics

Cash
£20,249,000
Net Worth
£3,274,000
Total Current Assets
£60,389,000
Total Current Liabilities
£57,115,000

Company Location