CONNECT PLUS (M25) LIMITED
Company Information
- Company Number
- 06683845
- Registered Address
- Connect Plus House, St Albans Road, South Mimms, Hertfordshire, EN6 3NP
- Status
- Active
- Employee Count
- 0
- Turnover
- £219,740,000
- EBITDA
- £44,804,000
Additional Details
- Website
- https://connectplusm25.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 29 August 2008
- Nature of Business
- 42110 - Construction of roads and motorways
- Industries
- Property,Infrastructure And Construction,Travel And Transportation
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
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 Oct 2019 - 31 Mar 2020 | 06 Aug 2020 | 32 | 76% | 16% | 8% | 24% |
| 01 Apr 2019 - 30 Sept 2019 | 08 Oct 2019 | 31 | 72% | 19% | 9% | 9% |
| 01 Oct 2018 - 31 Mar 2019 | 08 Oct 2019 | 39 | 67% | 21% | 12% | 12% |
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
Month Following invoice 14 Days for construction application
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
62
Dispute Resolution Process
Managed initially by responsible manager, escalated through finance if not resolved
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.
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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?
❌
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
CONNECT PLUS (M25) LIMITED is a company that operates and maintains the M25 motorway, one of the busiest and most important roads in the UK. The company was formed in 2009 and is owned by three major infrastructure companies - Balfour Beatty, Atkins, and Egis.
The main activity of CONNECT PLUS (M25) LIMITED is to provide safe and efficient operation of the M25 motorway, covering a length of 440km and serving millions of motorists every year. The company is committed to providing a high-quality service to its customers and ensuring the smooth running of the motorway.
In terms of sustainability, CONNECT PLUS (M25) LIMITED has a dedicated sustainability program in place to minimize the environmental impact of its operations. This includes measures such as reducing carbon emissions, managing waste, and promoting biodiversity along the motorway. The company also works closely with local communities to ensure their needs and concerns are addressed.
CONNECT PLUS (M25) LIMITED offers a range of products and services to ensure the smooth operation of the M25 motorway. This includes maintenance and repair of the road and its infrastructure, traffic management, and incident response. The company also provides information to motorists through its website and social media channels, keeping them updated on any disruptions or roadworks.
The key people at CONNECT PLUS (M25) LIMITED include the CEO Tim Jones and the Chairman Paul Hickey. They are supported by a team of experienced professionals who are dedicated to providing a safe and efficient service to their customers.
For more information on CONNECT PLUS (M25) LIMITED and its services, customers can visit their website at www.connectplusm25.co.uk. The registered office address of the company is at Dartford River Crossing, Dartford DA1 5PR, United Kingdom.
