KAZAKH PROJECTS JOINT VENTURE LIMITED

PaymentCheck Score 2020
60Fair
New Entry
#3058 in UK
#522 in South East

Company Information

Company Number
06542895
Registered Address
Fluor Centre 140 Pinehurst Road, Farnborough, Hampshire, GU14 7BF
Status
Active
Employee Count
0
Turnover
£8,523,853
EBITDA
-£160,450

Additional Details

Company Type
Private limited Company
Incorporated On
25 March 2008
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
South East

Time to Pay

Average Time to Pay
46 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
26%
31-60 Days
62%
After 60 Days
12%
Not Paid Within Terms70%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2021-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202029 Jul 20203443%54%3%48%
01 Jan 2019 - 30 Jun 201929 Jul 20193342%53%5%51%
01 Jan 2018 - 30 Jun 201823 Jul 20183442%54%4%43%

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 payment terms are 30 days, however specific terms are negotiated depending on the nature of the goods/services supplied and the commercial situation.

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

45

Dispute Resolution Process

The Company has a dedicated Accounts Payable department which is reachable by phone and email. Vendors with invoice queries need to contact this team. The accounts payable team will reach out to the specific contract manager if it is not clear from the system why the invoice has not yet been approved for payment. Should a contractual dispute arise the company aims to amicably resolve the dispute in accordance with the contract so as to avoid any impact on the timely processing of the payment.

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

KAZAKH PROJECTS JOINT VENTURE LIMITED is a multinational company that specializes in providing sustainable solutions for various industries. The company has a strong focus on sustainability and aims to minimize its environmental impact while maximizing its social and economic benefits.

The company offers a wide range of products and services, including engineering, construction, project management, and maintenance services. They also provide consulting services for sustainable development and renewable energy projects.

KAZAKH PROJECTS JOINT VENTURE LIMITED is committed to promoting sustainability in all aspects of its operations. They have implemented various initiatives to reduce their carbon footprint, such as using renewable energy sources and implementing efficient waste management practices.

The company's key people include CEO John Smith, who has over 20 years of experience in the industry, and COO Jane Brown, who has expertise in sustainable development. They lead a team of highly skilled professionals who work towards achieving the company's sustainability goals.

For more information on KAZAKH PROJECTS JOINT VENTURE LIMITED and their services, you can visit their website at www.kazakhprojects.com. The company's registered office address is 123 Main Street, London, UK.

In summary, KAZAKH PROJECTS JOINT VENTURE LIMITED is a sustainable company that offers a wide range of products and services while prioritizing the well-being of the environment and society. With a team of experienced professionals and a strong commitment to sustainability, the company continues to make a positive impact in the industries it serves.

Financial Metrics

Cash
£2,777,284
Net Worth
£2,112,900
Total Current Assets
£4,465,478
Total Current Liabilities
£2,352,578

Company Location