KBR ASPIRE SERVICES VENTURES LIMITED
Company Information
- Company Number
- 11235696
- Registered Address
- Hill Park Court, Springfield Drive, Leatherhead, Surrey, United Kingdom, KT22 7NL
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 102794000.0
- EBITDA
- 3068000.0
Additional Details
- Website
- https://kbruk.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 6 March 2018
- Nature of Business
- 81100 - Combined facilities support activities
- Industries
- 0
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 02 Feb 2024 | 34 | 19% | 81% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 32 | 19% | 81% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 32 | 33% | 67% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 35 | 44% | 46% | 10% | 17% |
Company Summary
KBR (ASPIRE SERVICES VENTURES) LIMITED is a multinational company that provides engineering, construction, and professional services to various industries, including government and energy sectors
The company has a strong focus on sustainability and is committed to reducing its environmental impact
One of the key activities of KBR (ASPIRE SERVICES VENTURES) LIMITED is its sustainability program, which aims to promote sustainable practices within the company and its projects
This includes implementing energy-efficient solutions, reducing waste and emissions, and promoting social responsibility
The company offers a wide range of products and services, including engineering and construction services, project management, and consulting services
They also provide innovative solutions for energy, transportation, and infrastructure projects
The key people of KBR (ASPIRE SERVICES VENTURES) LIMITED include Stuart Bradie, the President and CEO, who has over 30 years of experience in the industry, and Joseph T
Richardson, the Chief Financial Officer
For more information about the company and its services, interested parties can visit their website at https://www.kbr.com/
The registered office address of KBR (ASPIRE SERVICES VENTURES) LIMITED is at 3rd Floor, 2 Kingdom Street, London W2 6BD, UK
Company Review
Trend Analysis
The average time for KBR (ASPIRE SERVICES VENTURES) LIMITED to pay invoices has remained relatively stable, with a slight decrease from 2020 to 2021, and then remaining consistent in 2022 and 2023.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has decreased from 44% in 2020 to 33% in 2021, and then remained stable at 19% in 2022 and 2023.
Summary Analysis
From 2020 to 2023, there was a decrease in the percentage of invoices paid within 30 days, with the lowest being in 2022 at 19%. The percentage of invoices paid between 31 and 60 days increased from 46% in 2020 to 67% in 2021, and then remained consistent in 2022 and 2023. There were no invoices paid later than 60 days in any period, indicating good payment practices. The shortest (or only) standard payment period remained at 30 days throughout all periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
2. Description of payment practices. The Company has one main ways of paying its vendors : via electronic payments from its bank accounts using HSBCnet . i. The business’ standard payment terms: a. The standard contractual length of time for payment of invoices. The Company has standard terms of paying 30 days from date of invoice. The most frequent used payment terms are 30 days from date of invoice. b. Maximum contractual payment period and any changes to the standard payment terms in the reporting period. The maximum contractual payment period in the reporting period was 30 days from date of invoice.
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
30
Dispute Resolution Process
ii. The business’ process for resolving disputes related to payment. • All invoice queries are raised direct with the supplier and the invoice is held in query until resolved and payment is released.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
