HOARE LEA LLP

PaymentCheck Score 2025
78Good
0.4vs last year
#1923 in UK
#175 in Property
#101 in South West

Company Information

Company Number
OC407254
Registered Address
155 Aztec West, Almondsbury, Bristol, England, BS32 4UB
Status
Active
Employee Count
1,192
Turnover
£118,381,000
EBITDA
£17,854,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
14 March 2016
Industries
Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
South West

Time to Pay

Average Time to Pay
31 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
77%
31-60 Days
16%
After 60 Days
7%
Not Paid Within Terms23%

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: 2024-11-12
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 26 Sept 202530 Oct 20253074%19%7%26%
01 Oct 2023 - 31 Mar 202423 Apr 20243074%20%5%25%
01 Apr 2023 - 30 Sept 202325 Oct 20233073%22%5%27%
26 Jan 2022 - 25 Jul 202226 Aug 20223071%23%6%29%
26 Jul 2021 - 25 Jan 202224 Feb 20223068%26%6%32%
01 Nov 2020 - 25 Jul 202123 Aug 20212976%19%5%24%
01 May 2019 - 30 Oct 201928 Nov 20192587%10%3%13%
01 Nov 2018 - 30 Apr 201921 Jun 20192879%17%4%21%
01 Nov 2017 - 30 Apr 201829 Oct 20182785%11%4%14%
01 May 2017 - 31 Oct 201729 Oct 20182882%11%6%16%

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

We pay valid invoices in line with our contractual obligations unless a dispute exists

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

We seek to resolve any dispute within the contractually agreed terms. In particular, if a dispute resolution clause exists within a given supply contract we will resolve dispute in line with those clauses. Where a dispute resolution clause does not exist, we will resolve disputes in accordance with section 108 of the Construction Act (for contracts that fall within the scope of the Construction Act) or in line with any other applicable statutory provisions.

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

HOARE LEA LLP is a leading engineering consultancy firm based in London, United Kingdom. Established in 1862, the company has a rich history of providing innovative and sustainable engineering solutions across a wide range of sectors including commercial, education, healthcare, and residential.

The company's sustainability program is integrated into their overall business strategy, with a focus on reducing their own environmental impact as well as creating sustainable solutions for their clients. They have implemented various initiatives such as reducing carbon emissions, promoting energy efficiency, and using renewable energy sources.

HOARE LEA LLP offers a wide range of services including mechanical, electrical, and public health engineering, as well as sustainability and environmental consultancy. They also provide acoustic and lighting design, fire engineering, and digital engineering services.

The company's key people include Mark Hegarty, the Managing Partner, and Brian Love, the Senior Partner, who both have extensive experience in the industry. They are supported by a team of highly skilled engineers and consultants, who work together to deliver exceptional results for their clients.

HOARE LEA LLP can be contacted through their website, which also provides detailed information about their services, projects, and sustainability efforts. Their registered office address is 17 Newman Street, London, W1T 1PD, United Kingdom.

In summary, HOARE LEA LLP is a reputable engineering consultancy firm with a strong commitment to sustainability. They offer a wide range of services and are led by experienced professionals. With a focus on innovation and sustainability, the company continues to provide cutting-edge solutions for their clients across various sectors.

Financial Metrics

Cash
£7,799,000
Net Worth
£24,631,000
Total Current Assets
£40,716,000
Total Current Liabilities
£19,634,000

Company Location