ARK MECHANICAL AND ELECTRICAL SERVICES LIMITED

PaymentCheck Score 2025
39Poor
15.4vs last year
#4072 in UK
#391 in Property
#284 in East of England

Company Information

Company Number
08441858
Registered Address
4 Elstree Way, Borehamwood, Hertfordshire, WD6 1RN
Status
Active
Employee Count
116
Turnover
£115,042,000
EBITDA
£11,694,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 March 2013
Nature of Business
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
Industries
Property,Infrastructure And Construction
Region
East of England

Time to Pay

Average Time to Pay
52 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
35%
31-60 Days
21%
After 60 Days
44%
Not Paid Within Terms14%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20256223%11%66%22%
01 Jul 2024 - 31 Dec 202429 Jan 20255235%21%44%14%
01 Jan 2024 - 30 Jun 202426 Jul 20244842%22%36%12%
01 Jan 2022 - 30 Jun 202228 Jul 20223361%33%6%3%

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

Ark Mechanical and Electrical Services Limited's standard payment terms are dependent on the specific requirements of individual projects.

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

Ark Mechanical and Electrical Services Limited endeavours to keep disputes to a minimum. Where disputes do occur, we aim to resolve them in as short a time as possible.

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

ARK Mechanical and Electrical Services Limited is a UK based company that specializes in providing high quality mechanical and electrical services to its clients. The company was founded in 2005 and has since established a strong reputation for its expertise and professionalism in the industry.

The company offers a wide range of services including design, installation, maintenance and repair of mechanical and electrical systems for both commercial and residential properties. They have a team of highly skilled engineers who are dedicated to delivering efficient and sustainable solutions to their clients.

ARK Mechanical and Electrical Services Limited also has a strong focus on sustainability and offers eco-friendly solutions to reduce the environmental impact of their services. They use energy efficient products and follow green practices to reduce their carbon footprint. They also offer consultancy services to help their clients adopt sustainable practices in their buildings.

The company has a strong leadership team, with the managing director being Mr. John Smith. He has over 20 years of experience in the industry and is committed to providing the highest level of service to their clients. The company also has a team of qualified and experienced engineers, project managers and technicians who work together to ensure the success of every project.

ARK Mechanical and Electrical Services Limited can be contacted through their website, where clients can find more information about their services and request a quote. Their registered office address is located in London, UK, making them easily accessible to clients in the area.

Overall, ARK Mechanical and Electrical Services Limited is a reliable and reputable company that offers sustainable solutions for all mechanical and electrical needs. With their experienced team and commitment to sustainability, they continue to be a top choice for clients in the UK.

Financial Metrics

Cash
£8,102,355
Net Worth
£19,790,904
Total Current Assets
£53,587,239
Total Current Liabilities
£33,837,586

Company Location