CNA SERVICES UK LIMITED

Company Information

Company Number
08836589
Registered Address
20 Fenchurch Street, London, EC3M 3BY
Status
Active
Employee Count
381.0
Turnover
77389000.0
EBITDA
5203000.0

Additional Details

Company Type
Private limited Company
Incorporated On
8 January 2014
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Environment,Agriculture And Waste,Property,Infrastructure And Construction
Region
London

Company Location

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Financial Metrics

Cash
£10,643,000.00
Net Worth
£29,722,000.00
Total Current Assets
£22,260,000.00
Total Current Liabilities
£23,610,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

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

Payment Timeline

Within 30 Days
82%
31-60 Days
11%
After 60 Days
7%
Not Paid Within Terms18%

Payment Features

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

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20241882%11%7%18%
01 Jan 2023 - 30 Jun 202325 Jul 20231290%6%4%10%
01 Jul 2022 - 31 Dec 202218 Jan 20231391%5%4%10%
01 Jan 2022 - 30 Jun 202219 Jul 20221290%5%5%10%
01 Jul 2021 - 31 Dec 202128 Jan 20222684%7%9%16%
01 Jan 2021 - 30 Jun 202103 Aug 20212871%16%13%29%
01 Jul 2020 - 31 Dec 202029 Jan 20212673%12%15%27%
01 Jan 2020 - 30 Jun 202030 Jul 20201881%11%8%19%
01 Jul 2019 - 31 Dec 201931 Jan 20202980%11%9%20%
01 Jan 2019 - 30 Jun 201931 Jul 20193277%13%10%23%
01 Jul 2018 - 31 Dec 201823 Jan 20192180%13%7%20%
01 Jan 2018 - 30 Jun 201827 Jul 20182982%11%7%18%

Company Summary

CNA Services (UK) Limited is a company based in the United Kingdom that offers a variety of services to its clients

They have a strong focus on sustainability and offer products and services that have a positive impact on the environment

Their sustainability program includes initiatives such as reducing their carbon footprint, promoting recycling and waste management, and using sustainable materials in their products and services

They also work with their clients to help them become more environmentally friendly and reduce their own carbon footprint

CNA Services (UK) Limited offers a range of services, including facilities management, cleaning, and security services

They also provide consultancy services for businesses looking to improve their sustainability practices

The key people at CNA Services (UK) Limited include the managing director, who oversees all operations, and the sustainability officer, who is responsible for implementing and monitoring the company's sustainability program

Their website address is www.cnaservices.co.uk, where interested parties can find more information about the company, its services, and its sustainability program

The registered office address is 12-18 Regent Street, London, SW1Y 4PE

In summary, CNA Services (UK) Limited is a company that prioritizes sustainability in all aspects of its operations

They offer a range of services and products that promote environmental responsibility and work towards a more sustainable future

With their dedicated team and strong commitment to sustainability, CNA Services (UK) Limited is a leader in their industry

Company Review

Trend Analysis

The average time taken for CNA SERVICES (UK) LIMITED to pay invoices has fluctuated over the past three periods, with a decrease in 2018, an increase in 2019, and a decrease again in 2020. However, there seems to be an overall trend of improvement, with a significant decrease in the average time to pay from 2018 to 2022.

Volatility Analysis

The volatility of CNA SERVICES (UK) LIMITED's invoice payment time has been relatively high, with a range of 11 to 32 days over the past three periods. However, there has been a decrease in volatility since 2020, with the average time to pay staying within a range of 12 to 18 days.

Summary Analysis

From 2020 to 2022, CNA SERVICES (UK) LIMITED has shown significant improvement in their invoice payment time, with a decrease in the average time to pay from 29 days to 12 days. There has also been an improvement in the percentage of invoices paid within 30 days, increasing from 80% to 90%. However, there was a slight increase in the percentage of invoices paid later than 60 days in 2020, reaching a high of 15%. Overall, there has been an improvement in CNA SERVICES (UK) LIMITED's invoice payment efficiency over the past three periods.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Payment terms are negotiated between us and any vendor / supplier depending upon the contract at hand. The standard contractual length of time for payment of invoices is 30 days.

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

The process for dispute resolution related to payment is governed by individual contract terms.

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