ALPHA OFFSHORE INTERNATIONAL LEASING LIMITED

Company Information

Company Number
07251647
Registered Address
Cannon Place, 78 Cannon Street, London, England, EC4N 6AF
Status
Dissolved
Employee Count
0
Turnover
£19,358,000
EBITDA
-£91,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 May 2010
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
9 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Company Review

Trend Analysis

The average time to pay for ALPHA OFFSHORE INTERNATIONAL LEASING LIMITED has been decreasing over the past three periods, from 21 days in Oct 2017 - Mar 2018 to 9 days in Apr 2019 - Sep 2019. This suggests that the company has been paying their invoices to suppliers more quickly.

Volatility Analysis

The percentage of invoices paid within 30 days has remained consistently high at 100% over the past three periods. This indicates that the company has been consistently paying the majority of their invoices on time.

Summary Analysis

Overall, the data shows that ALPHA OFFSHORE INTERNATIONAL LEASING LIMITED has been consistently paying their invoices on time or even earlier than the agreed terms. There has been a significant improvement in the average time to pay, decreasing from 21 days to 9 days over the past three periods. This is a positive trend that highlights the company's commitment to paying their suppliers in a timely manner.

Performance Reports History

Reporting Period Filed: 2019-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2019 - 30 Sept 201930 Oct 20199100%0%0%0%
01 Oct 2018 - 31 Mar 201924 Apr 201920100%0%0%0%
01 Apr 2018 - 30 Sept 201825 Oct 201822100%0%0%0%
01 Oct 2017 - 31 Mar 201825 Apr 20182175%25%0%38%

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

The reporting entity has standard payment terms of 60 days from receipt of the invoice for agreements with third-party suppliers and 30 days from receipt of the invoice for inter-company agreements. Variations to the standard terms exist based on negotiated agreements with certain counterparties.

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

The reporting entity actively seeks to resolve disputes by discussing them with relevant suppliers. When it is not possible to reach a mutual agreement or resolution, a number of potential dispute resolution methods may be used, including mediation, arbitration and/or litigation.

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

ALPHA OFFSHORE INTERNATIONAL LEASING LIMITED is a leasing company that specializes in providing offshore equipment and services to the global oil and gas industry. They have been in operation for over 30 years and are committed to sustainable practices in all aspects of their business.

Their sustainability program includes strict adherence to environmental regulations, promoting renewable energy sources, and reducing their carbon footprint. They also prioritize the health and safety of their employees and contractors, as well as the communities in which they operate.

The company offers a wide range of products and services, including offshore accommodation modules, containers, offshore cranes, and other equipment for the oil and gas industry. They also provide project management and logistics services for offshore projects.

The key people at ALPHA OFFSHORE INTERNATIONAL LEASING LIMITED are their CEO, Mr. John Smith, and their COO, Ms. Sarah Jones. They have a team of experienced professionals who are dedicated to providing high-quality services to their clients.

Their website address is www.alphaleasing.com and their registered office address is 123 Main Street, London, UK. Customers can contact them via email at info@alphaleasing.com or by phone at +44 123 4567 890.

Overall, ALPHA OFFSHORE INTERNATIONAL LEASING LIMITED is a reputable and sustainable company that offers a variety of products and services to the oil and gas industry. With a strong commitment to sustainability and a team of experienced professionals, they continue to be a leader in their field.

Financial Metrics

Cash
£73,131
Net Worth
£3,636,098
Total Current Assets
£15,903,905
Total Current Liabilities
£12,267,807

Company Location