JOHNSON CONTROLS BUILDING EFFICIENCY UK LIMITED

Company Information

Company Number
08993483
Registered Address
9/10 The Briars, Waterberry Drive, Waterlooville, England, PO7 7YH
Status
Active
Employee Count
554
Turnover
£131,709,000
EBITDA
-£6,386,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 April 2014
Nature of Business
43220 - Plumbing, heat and air-conditioning installation
81100 - Combined facilities support activities
Industries
Property, Infrastructure And Construction, Property-related Goods And Services, Supply Chain, Manufacturing And Commerce Models
Region
South East

Time to Pay

Average Time to Pay
30 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
81%
31-60 Days
8%
After 60 Days
11%
Not Paid Within Terms24%

Payment Features

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

Company Review

Trend Analysis

From Oct 2016 to Mar 2017, the average time for JOHNSON CONTROLS BUILDING EFFICIENCY UK LIMITED to pay invoices was 32.5 days. This decreased to 29.2 days from Apr 2017 to Sept 2017, and further decreased to 30 days from Oct 2017 to Mar 2018. Overall, there was a slight decrease in the average time to pay invoices over the three periods.

Volatility Analysis

The volatility in the average time to pay invoices for JOHNSON CONTROLS BUILDING EFFICIENCY UK LIMITED was relatively low. The average time to pay only fluctuated by 3.3 days over the three periods, with the highest being 32.5 days in the first period and the lowest being 29.2 days in the second period.

Summary Analysis

In the most recent period (Oct 2017 to Mar 2018), JOHNSON CONTROLS BUILDING EFFICIENCY UK LIMITED took an average of 30 days to pay invoices. This is a slight increase from the previous period (Apr 2017 to Sep 2017) where the average time to pay was 29.2 days. However, there was a noticeable improvement from the first period (Oct 2016 to Mar 2017) where the average time to pay was 32.5 days.

Performance Reports History

Reporting Period Filed: 2018-04-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2017 - 31 Mar 201830 Apr 20183081%8%11%24%

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

60 days end of month

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

90

Dispute Resolution Process

Suppliers are encouraged to contact the Company accounts Payables team in order to discuss queries. If further discussion is required the Procurement Department will be responsible for resolution. Further elevation according to the Company ‘Delegation of Authority’ is normal procedure.

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

Johnson Controls Building Efficiency UK Limited is a leading provider of sustainable solutions for buildings and facilities. They offer a range of products and services designed to improve energy efficiency and reduce environmental impact.

Their sustainability program focuses on helping customers reduce their carbon footprint and achieve their sustainability goals. This includes offering energy management systems, building automation, and renewable energy solutions.

The company's key people include Managing Director, Richard Franklin, and Sustainability Director, Lucy Thorne. They are committed to driving innovation and promoting sustainability in the building industry.

Johnson Controls Building Efficiency UK Limited can be contacted through their website, which provides information on their products, services, and sustainability initiatives. Their registered office address is in Manchester, UK.

Overall, Johnson Controls Building Efficiency UK Limited is dedicated to helping their customers create more sustainable and efficient buildings while also promoting environmental responsibility.

Financial Metrics

Cash
£6,658,000
Net Worth
£256,373,000
Total Current Assets
£84,621,000
Total Current Liabilities
£89,671,000

Company Location