KELTBRAY HIGHWAYS LIMITED

PaymentCheck Score 2023
41Poor
13.2vs last year
#4700 in UK
#445 in Property
#773 in South East

Company Information

Company Number
12788652
Registered Address
St Andrews House, Portsmouth Road, Esher, England, KT10 9TA
Status
Active
Employee Count
106
Turnover
£34,770,000
EBITDA
-£492,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 August 2020
Nature of Business
42990 - Construction of other civil engineering projects not elsewhere classified
Industries
Property,Infrastructure And Construction
Region
South East

Time to Pay

Average Time to Pay
56 days
Shortest Period:30 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
13%
31-60 Days
45%
After 60 Days
42%
Not Paid Within Terms13%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-12-12
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 May 2023 - 31 Oct 202312 Dec 20235613%45%42%13%
01 Nov 2022 - 30 Apr 202327 Jul 20236313%52%35%9%
01 May 2022 - 31 Oct 202221 Mar 20235216%50%34%12%
01 Nov 2021 - 30 Apr 202221 Mar 20233155%40%5%1%

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

Key and preferred suppliers sign to 45 days from end of month. Suppliers identified as SME's are paid to 30 day terms

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

75

Dispute Resolution Process

Disputes in relation to payments are initiated with the purchase ledger department and our procurement department whom governs the payment process. Where Payments are withheld for any reason this is discussed with the supplier in the first instance. If an agreement cannot be made this is then escalated to the Financial Director whom will discuss with their opposite number whether an agreement can be reached. During the period there has been no withheld payments that have gone beyond this point.

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

KELTBRAY HIGHWAYS LIMITED is a leading construction company based in the UK, specializing in highways and infrastructure projects. The company was founded in 1976 and has since established a strong reputation for delivering high quality and sustainable solutions.

Their sustainability program is at the core of their business, with a commitment to minimizing the environmental impact of their operations. They have implemented various initiatives to reduce carbon emissions, promote recycling and use sustainable materials in their projects. They also support local communities and aim to create a positive social impact through their projects.

The company's main products and services include construction and maintenance of highways, bridges, and other infrastructure projects. They also offer consultancy services and innovative solutions for sustainable transportation and infrastructure development.

Key people at KELTBRAY HIGHWAYS LIMITED include CEO Brendan Kerrigan and Managing Director Paul Devenish, who have a combined experience of over 40 years in the construction industry.

For more information or to contact KELTBRAY HIGHWAYS LIMITED, their website address is www.keltbray.com/highways and their registered office address is 90 Long Acre, Covent Garden, London, WC2E 9RZ.

Financial Metrics

Cash
£3,294,257
Net Worth
-£507,221
Total Current Assets
£10,572,187
Total Current Liabilities
£11,198,561

Company Location