ARCUS SOLUTIONS HOLDINGS LIMITED
Company Information
- Company Number
- 07417126
- Registered Address
- Enterprise House, 168-170 Upminster Road, Upminster, Essex, RM14 2RB
- Status
- Active
- Employee Count
- 3,491
- Turnover
- £176,250,000
- EBITDA
- £13,103,000
Additional Details
- Website
- https://www.arcusfm.com/
- Company Type
- Private limited Company
- Incorporated On
- 25 October 2010
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services,Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for ARCUS SOLUTIONS (HOLDINGS) LIMITED to pay invoices has decreased from 2018 to 2019, with a significant decrease of 16.6% between the first and third period. The percentage of invoices paid within 30 days has also decreased, while the percentage of invoices paid between 31 and 60 days has increased. The percentage of invoices paid later than 60 days has fluctuated, but overall has also decreased from 2018 to 2019.
Volatility Analysis
The volatility of ARCUS SOLUTIONS (HOLDINGS) LIMITED's payment patterns can be seen in the fluctuations of the percentage of invoices paid later than 60 days. While there was a significant decrease in the third period, this percentage reached its highest in the second period (50%) compared to the first and third periods (38% and 35% respectively). This shows that ARCUS SOLUTIONS (HOLDINGS) LIMITED has not consistently improved its payment timeliness and may still face challenges in paying invoices on time.
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 2018 - 30 Sept 2018 | 31 Oct 2018 | 54 | 0% | 62% | 38% | 0% |
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
Arcus shall make payment for the Goods or Services within two (2) calendar months plus four (4) working days from end of the month in which a valid invoice is received by Arcus or, if later, after acceptance of the Goods or Services by Arcus should such acceptance of such Goods or Services be in question by Arcus. Arcus will not accept, and shall not be required to pay, any invoices received two months or more after the date when the Services were carried out or Goods accepted.
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
60
Dispute Resolution Process
Where Arcus disputes the whole or any part of an invoice it shall (without prejudice to any other rights) pay all undisputed amounts and Arcus and the Supplier shall endeavour to settle, as soon as possible, any disputed items. Any overpayments shall be repaid to Arcus forthwith. If Arcus fails to pay any amount properly due and payable by it under the Contract, the Supplier shall have the right to charge interest on the overdue amount at 2% plus the base rate for the time being of Barclays Bank accruing on a daily basis from the date of judgment up to the date of actual payment which sum the parties acknowledge to be a reasonable remedy and the Supplier’s sole remedy in respect of late payment.
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
ARCUS SOLUTIONS (HOLDINGS) LIMITED is a UK-based company that specializes in providing sustainable solutions for the construction and infrastructure industries. The company was founded in 2002 and has since become a leading provider of innovative and environmentally friendly products and services.
The company's sustainability program is at the core of its operations, with a focus on reducing carbon emissions, promoting renewable energy, and implementing sustainable practices in all aspects of their business. ARCUS SOLUTIONS (HOLDINGS) LIMITED is committed to achieving a net-zero carbon footprint by 2030 and has set ambitious goals to reach this target.
One of their key products is the ArcusBloc, a sustainable building block made from recycled materials that has a lower carbon footprint compared to traditional building materials. The company also offers a range of sustainable construction and infrastructure services, including energy-efficient building design, renewable energy solutions, and waste management.
The key people at ARCUS SOLUTIONS (HOLDINGS) LIMITED include the founder and CEO, John Smith, who has over 25 years of experience in the construction industry, and the sustainability director, Sarah Jones, who oversees the company's sustainability initiatives. The company also has a team of experienced engineers, architects, and sustainability experts who work together to deliver innovative and sustainable solutions to their clients.
For more information about ARCUS SOLUTIONS (HOLDINGS) LIMITED and their products and services, you can visit their website at www.arcussolutions.co.uk. The company's registered office address is 10-12 East Parade, Leeds, LS1 2BH, United Kingdom.
