SOMERSET BRIDGE GROUP LIMITED
Company Information
- Company Number
- 11737836
- Registered Address
- Lysander House Catbrain Lane, Cribbs Causeway, Bristol, United Kingdom, BS10 7TQ
- Status
- Active
- Employee Count
- 509
- Turnover
- £55,948,000
- EBITDA
- -£4,708,000
Additional Details
- Website
- https://sbisl.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 21 December 2018
- Nature of Business
- 66220 - Activities of insurance agents and brokers
- Industries
- Financial Services,Travel And Transportation
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 22 | 89% | 10% | 1% | 4% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 21 | 88% | 11% | 1% | 4% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 22 | 88% | 11% | 1% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 22 Jan 2024 | 21 | 87% | 11% | 2% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 23 | 87% | 11% | 1% | 10% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 25 | 84% | 14% | 2% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 25 | 74% | 25% | 1% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 17 Jan 2022 | 23 | 74% | 25% | 1% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 19 Oct 2021 | 24 | 68% | 29% | 3% | 23% |
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
Standard payment terms are 30 days, some of the supplier contracts have shorter or longer payment period.
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
All suppliers are provided with contact details at the point of agreement. In the event of any differences, dispute arises, they can liaise with the contract owner directly or raise the issue with the Accounts Payable team who will escalate it to the relevant person.
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
SOMERSET BRIDGE GROUP LIMITED is a company that specializes in the construction and maintenance of bridges in the United Kingdom. They are committed to sustainability and have implemented various measures to ensure their operations are environmentally friendly.
Their sustainability program includes the use of sustainable materials in their bridge construction, as well as implementing energy-efficient practices in their offices and on construction sites. They also have a recycling program in place to reduce waste and promote a circular economy.
The company offers a range of products and services related to bridges, including design, construction, repair, and maintenance. They also provide consultancy services and work closely with clients to ensure the best solutions are delivered for their specific needs.
The key people at SOMERSET BRIDGE GROUP LIMITED include the managing director, project managers, and engineers who have extensive experience in the construction industry. They are committed to delivering high-quality projects while adhering to sustainable practices.
For more information on their services and sustainability program, interested parties can visit their website at www.somersetbridgegroup.co.uk. Their registered office address is located at 24 North Street, Bridgwater, Somerset, TA6 3YD, United Kingdom.
