EXOVA UK LIMITED
Company Information
- Company Number
- SC070429
- Registered Address
- Lochend Industrial Estate, Queen Anne Drive, Newbridge, Midlothian, EH28 8LP
- Status
- Active
- Employee Count
- 0
- Turnover
- Coming Soon
- EBITDA
- -£2,858,000
Additional Details
- Website
- https://exovabmtrada.com
- Company Type
- Private limited Company
- Incorporated On
- 17 January 1980
- Nature of Business
- 74990 - Non-trading company
- Industries
- Professional Services
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for EXOVA (UK) LIMITED has been fluctuating over the past three periods, with a decrease of 4 days from 2017-01-01 to 2017-12-31, followed by an increase of 4 days from 2017-07-01 to 2017-12-31, and then a decrease of 4 days again from 2018-01-01 to 2018-06-30.
Volatility Analysis
The volatility in the average time to pay for EXOVA (UK) LIMITED has been relatively stable, with a difference of only 8 days between the highest and lowest periods.
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 2018 - 30 Jun 2018 | 02 Jan 2019 | 49 | 37% | 51% | 12% | 26% |
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
It is the Company’s policy to pay supplier invoices within the supplier terms and to abide by those terms based on the timely submission of satisfactory invoices. Supplier payment terms are agreed individually with each supplier either prior to or upon commencement of a service or the delivery of goods. The most common payment terms agreed during the period were 60 days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
The company operates weekly payment runs, the analysis provided is based on the company’s policy to pay invoices in the payment run on or following the due date
Maximum contractual payment period agreed
71
Dispute Resolution Process
Disputes should be resolved to adhere to payment terms. All our suppliers have clear contact details for our Accounts Payable team, so if they have any disputes or complaints they can contact the company by either email or phone. The accounts payable team will reach out to the invoice contact if not clear from the system why the invoice has not been approved for 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
EXOVA (UK) LIMITED is a leading global provider of testing, calibration, and certification services. They have been in operation for over 20 years and have a strong commitment to sustainability.
Their sustainability program focuses on reducing their environmental impact, promoting ethical business practices, and ensuring the health and safety of their employees. They have implemented various initiatives such as using renewable energy sources, reducing waste, and promoting sustainable procurement practices.
The company offers a wide range of services including materials testing, fire testing, environmental testing, and product certification. They work with a diverse range of industries including aerospace, construction, and consumer goods.
Key people at EXOVA (UK) LIMITED include CEO Dr. Ian El-Mokadem and Chief Operating Officer Stephen Chivers, who have over 30 years of combined experience in the industry.
Their website address is www.exova.com and their registered office address is Exova Group Limited, 40-44 Newman Street, London, W1T 1QD, United Kingdom. Customers can also contact them via email at ukcustomerservices@exova.com or by phone at +44 (0) 1494 569 750.
