VERTAS GROUP LIMITED
Company Information
- Company Number
- 07728211
- Registered Address
- 2 Friars Bridge Road, Ipswich, Suffolk, England, IP1 1RR
- Status
- Active
- Employee Count
- 1,775
- Turnover
- £53,189,000
- EBITDA
- -£3,918,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 3 August 2011
- Nature of Business
- 81100 - Combined facilities support activities
- Industries
- Property,Infrastructure And Construction
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Sept 2025 | 08 Oct 2025 | 23 | 95% | 5% | 0% | 1% |
| 01 Oct 2024 - 31 Mar 2025 | 04 Jun 2025 | 23 | 90% | 5% | 5% | 10% |
| 01 Oct 2023 - 31 Mar 2024 | 17 Apr 2024 | 30 | 90% | 10% | 0% | 10% |
| 01 Apr 2023 - 30 Sept 2023 | 19 Oct 2023 | 23 | 90% | 5% | 5% | 10% |
| 01 Oct 2022 - 31 Mar 2023 | 12 Jun 2023 | 23 | 95% | 5% | 0% | 5% |
| 01 Apr 2022 - 30 Sept 2022 | 10 Nov 2022 | 23 | 95% | 5% | 0% | 5% |
| 31 Mar 2021 - 30 Sept 2021 | 09 Mar 2022 | 23 | 95% | 5% | 0% | 5% |
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
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
45
Dispute Resolution Process
Our supply chain are promptly made aware of any queries following the result of POR mismatch or quality issues which would delay or risk their 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.
❌
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
VERTAS GROUP LIMITED is a leading UK-based facilities management company that offers a wide range of services, including cleaning, maintenance, catering, and security solutions. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact and promote social responsibility.
Their sustainability program includes energy-efficient practices, waste reduction, and the use of eco-friendly products. They also prioritize the well-being of their employees and have implemented health and safety measures to ensure a safe working environment.
VERTAS GROUP LIMITED offers a diverse range of products and services, catering to both the public and private sectors. Their services include cleaning and maintenance for schools, offices, and leisure facilities, as well as catering for schools and care homes. They also provide security solutions for various industries, including retail and construction.
The key people at VERTAS GROUP LIMITED include CEO Ian Surtees and Chairman David McGregor, who are committed to delivering high-quality services while maintaining sustainability practices. The company has a team of experienced and trained professionals who are dedicated to providing excellent customer service.
Contact information for VERTAS GROUP LIMITED can be found on their website, including their registered office address in Ipswich, Suffolk. Their website also provides detailed information about their services, sustainability program, and key people, making it a valuable resource for potential clients.
In conclusion, VERTAS GROUP LIMITED is a reputable facilities management company that prioritizes sustainability and offers a diverse range of services. With their commitment to social responsibility and experienced team, they are a trusted choice for businesses and organizations in the UK.
