GEO AMEY LIMITED

PaymentCheck Score 2024
73Fair
#2669 in UK
#119 in Road Travel
#170 in North West

Company Information

Company Number
07556404
Registered Address
Unit A, Redwing Centre, Mosley Rd Trafford Park, Stretford, Manchester, United Kingdom, M17 1RJ
Status
Active
Employee Count
2,403
Turnover
£119,529,000
EBITDA
£15,449,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 March 2011
Nature of Business
49390 - Other passenger land transport
82990 - Other business support service activities not elsewhere classified
Industries
Road Travel
Region
North West

Time to Pay

Average Time to Pay
28 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
63%
31-60 Days
35%
After 60 Days
2%
Not Paid Within Terms33%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202430 Jul 20242863%35%2%33%
01 Jan 2022 - 30 Jun 202228 Jul 20223262%31%8%39%
01 Jul 2021 - 31 Dec 202128 Jan 20222777%17%6%17%
01 Jan 2021 - 30 Jun 202130 Jul 20213467%26%7%29%

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

30 days from date of invoice as standard

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

We aim to respond to all queries within 24 hours. Disputes involving goods will be addressed with reference to goods receipts notes or proof of delivery. Disputes involving services will be referred to the relevant department manager. Any queries without a satisfactory resolution can be escalated to the Procurement administrator at procurement@geoamey.co.uk.

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

GEO AMEY LIMITED is a leading provider of security, custodial and rehabilitation services in the UK. They have a strong commitment to sustainability and constantly strive to minimize their impact on the environment.

Their sustainability program includes initiatives such as reducing waste, promoting recycling, and using environmentally-friendly materials in their operations. They also have a focus on energy efficiency and have implemented measures to reduce their carbon footprint.

In terms of products and services, GEO AMEY LIMITED offers a range of security and custodial services to public and private sector clients. These include prisoner escort and custody services, court security, and electronic monitoring.

Their team is led by a group of experienced and skilled professionals, including their CEO, Steve Byrne. They have a dedicated customer service team to ensure that their clients receive the best possible service.

For those looking to contact GEO AMEY LIMITED, their website address is www.geoamey.co.uk. Their registered office address is 2nd Floor, Boston House, 69-75 Boston Manor Road, Brentford, Middlesex, TW8 9JJ. They also have regional offices across the UK for easy accessibility. Overall, GEO AMEY LIMITED is a reputable company with a strong focus on sustainability and providing high-quality services to their clients.

Financial Metrics

Cash
£11,132,000
Net Worth
£10,535,000
Total Current Assets
£24,911,000
Total Current Liabilities
£22,650,000

Company Location