ARCUS FACILITIES SERVICES LIMITED
Company Information
- Company Number
- 10191715
- Registered Address
- Enterprise House, 168-170 Upminster Road, Upminster, Essex, United Kingdom, RM14 2RB
- Status
- Dissolved
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 20 May 2016
- Nature of Business
- 81100 - Combined facilities support activities
- Industries
- Property,Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for invoices by ARCUS FACILITIES SERVICES LIMITED has remained relatively stable over the past three periods, with a slight decrease from 41 days to 40 days. However, there has been a slight increase in the percentage of invoices paid within 30 days and a corresponding decrease in the percentage of invoices paid later than 60 days.
Volatility Analysis
There has been some volatility in the percentage of invoices paid within 30 days, with a 2% increase in the first period followed by a 1% decrease in the second period. The percentage of invoices paid between 31 and 60 days has remained consistent at 88%, while there has been a slight increase in the percentage of invoices paid later than 60 days from 6% to 7%.
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 2018 - 30 Sept 2018 | 31 Oct 2018 | 41 | 4% | 90% | 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
Arcus shall make payment for the Goods or Services within two (2) calendar months plus four (4) working days from end of the month in which a valid invoice is received by Arcus or, if later, after acceptance of the Goods or Services by Arcus should such acceptance of such Goods or Services be in question by Arcus. Arcus will not accept, and shall not be required to pay, any invoices received two months or more after the date when the Services were carried out or Goods accepted.
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
94
Dispute Resolution Process
Where Arcus disputes the whole or any part of an invoice it shall (without prejudice to any other rights) pay all undisputed amounts and Arcus and the Supplier shall endeavour to settle, as soon as possible, any disputed items. Any overpayments shall be repaid to Arcus forthwith. If Arcus fails to pay any amount properly due and payable by it under the Contract, the Supplier shall have the right to charge interest on the overdue amount at 2% plus the base rate for the time being of Barclays Bank accruing on a daily basis from the date of judgment up to the date of actual payment which sum the parties acknowledge to be a reasonable remedy and the Supplier’s sole remedy in respect of late 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.
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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.
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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.
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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
ARCUS FACILITIES SERVICES LIMITED is a leading provider of facilities management services in the United Kingdom. With over 20 years of experience, the company offers a wide range of sustainable and cost-effective solutions to its clients.
Their sustainability program focuses on reducing environmental impact through energy efficiency, waste reduction, and responsible sourcing of materials. They also strive to create a safe and healthy work environment for their employees and clients.
Some of the services offered by ARCUS FACILITIES SERVICES LIMITED include facilities maintenance, cleaning, security, and catering. They cater to a diverse range of clients, including commercial, industrial, and public sector organizations.
The company is led by a team of experienced and dedicated professionals, including CEO Ian Jackson and Managing Director David Harris. Their commitment to sustainability and customer satisfaction has helped ARCUS FACILITIES SERVICES LIMITED earn a strong reputation in the industry.
For more information on their services and sustainability efforts, interested parties can visit the company's website at www.arcus-fs.com. The registered office address is 1st Floor, 3 Sheldon Square, London W2 6PS, United Kingdom. Overall, ARCUS FACILITIES SERVICES LIMITED is a reliable and responsible partner for all facilities management needs.
