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
- Website
- https://atwd.com
- 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
Payment Timeline
Payment Features
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 | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 9 | 100% | 0% | 0% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 24 Apr 2019 | 20 | 100% | 0% | 0% | 0% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 22 | 100% | 0% | 0% | 0% |
| 01 Oct 2017 - 31 Mar 2018 | 25 Apr 2018 | 21 | 75% | 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.
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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
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.