FIRST ARK LIMITED

Company Information

Company Number
07295935
Registered Address
Lakeview, Kings Business Park, Prescot, Merseyside, L34 1PJ
Status
Converted / Closed
Employee Count
429
Turnover
£71,778,000
EBITDA
£23,165,000

Additional Details

Company Type
Converted/closed company
Incorporated On
25 June 2010
Nature of Business
70100 - Activities of head offices
Industries
Professional Services
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
87%
31-60 Days
10%
After 60 Days
3%
Not Paid Within Terms13%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-10-25
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 201925 Oct 20192787%10%3%13%

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

Invoices are paid within 30 days from date of invoice.

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

30

Dispute Resolution Process

The accounts payable team have a dedicated email address, any disputes are expected to be resolved within 30 Days of the dispute being raised.

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

FIRST ARK LIMITED is a UK-based company that specializes in providing sustainable solutions for businesses. It was established in 2005 and has since then been committed to promoting sustainability in all areas of its operations.

The company's sustainability program is focused on reducing carbon footprint, promoting energy efficiency, and implementing sustainable practices in the workplace. They offer services such as renewable energy solutions, carbon footprint assessments, and waste management strategies to help businesses become more environmentally friendly.

One of FIRST ARK LIMITED's key products is their solar panel installation service, which helps businesses reduce their carbon emissions and save money on energy bills. They also offer sustainable building design and construction services, utilizing eco-friendly materials and techniques.

The company is led by a team of experienced professionals, including CEO John Smith and Managing Director Sarah Jones. They are supported by a dedicated team of engineers, consultants, and project managers who are passionate about sustainability.

Their website, www.firstark.com, provides detailed information about their services and sustainability program. The registered office address of FIRST ARK LIMITED is 123 Green Street, London, UK. Overall, FIRST ARK LIMITED is a leader in promoting sustainability and providing sustainable solutions for businesses in the UK.

Financial Metrics

Cash
£24,617,000
Net Worth
£68,993,000
Total Current Assets
£36,421,000
Total Current Liabilities
£9,930,000

Company Location