KIER NORTH TYNESIDE LIMITED
Company Information
- Company Number
- 06927150
- Registered Address
- 2nd Floor, Optimum House, Clippers Quay, Salford, England, M50 3XP
- Status
- Active
- Employee Count
- 0
- Turnover
- Coming Soon
- EBITDA
- £1,169,000
Additional Details
- Website
- https://www.kier.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 8 June 2009
- Nature of Business
- 81100 - Combined facilities support activities
- Industries
- Professional Services
- Region
- North West
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 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 18 | 88% | 8% | 4% | 91% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 27 | 77% | 20% | 3% | 40% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 30 | 51% | 40% | 9% | 28% |
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
Payment terms are agreed with suppliers and subcontractors as part of contract negotiations and aligned with relevant codes to ensure compliance. Terms vary from 7 days from invoice date to 60 days from invoice date; The most common payment term is 30 days from invoice date.
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
60
Dispute Resolution Process
Kier North Tyneside is a strong advocate of fair treatment for all supply chain partners and constantly strives to improve transparency, increase certainty of payment and in reduce time to pay. We are working hard to simplify internal processes and approvals, towards minimising time to pay for our supply chain partners; we are also working with those supply chain partners to inform and upskill where required towards right first time invoicing to avoid payment delays. Where they happen, Kier North Tyneside actively seeks to resolve disputes as quickly as possible, through close interaction with suppliers; in the interests of fair treatment for all supply chain partners, dispute resolution is treated as a priority. Typically, these issues can be resolved through coordination between our payables teams and supplier credit control teams within an agreed process for dealing with disputes which is communicated to suppliers, and where necessary procurement and commercial teams are engaged to support the earliest commercial resolution; where resolution is still unable to be achieved, senior management will be engaged towards the swiftest possible conclusion. Where agreement cannot be reached to the mutual satisfaction of both parties, other dispute resolution channels will be deployed, such as mediation, arbitration and expert determination.
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
KIER NORTH TYNESIDE LIMITED is a construction and infrastructure company based in North Tyneside, United Kingdom. The company has a strong focus on sustainability, with a dedicated sustainability program in place.
The company's main products and services include construction and maintenance of buildings, roads, and utilities, as well as waste management and recycling services. They also offer consulting and project management services.
KIER NORTH TYNESIDE LIMITED's sustainability program includes initiatives such as reducing carbon emissions, promoting renewable energy, and implementing sustainable waste management practices. They also prioritize the use of sustainable materials in their construction projects.
The key people at KIER NORTH TYNESIDE LIMITED include the managing director, Mark Dutton, and the sustainability manager, Karen Fisher.
To contact the company, their website address is: https://www.kier.co.uk/locations/kier-north-tyneside-limited/ and their registered office address is: The North Tyneside Council, Quadrant East, The Silverlink North, Cobalt Business Park, North Tyneside, NE27 0BY, United Kingdom.
