LNRS DATA SERVICES LIMITED

PaymentCheck Score 2024
81Good
16.2vs last year
#1960 in UK
#28 in Information Technology
#873 in London

Company Information

Company Number
00151537
Registered Address
Quadrant House, The Quadrant, Sutton, Surrey, SM2 5AS
Status
Active
Employee Count
1,538
Turnover
£309,251,000
EBITDA
£83,186,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 September 1918
Nature of Business
62090 - Other information technology service activities
Industries
Information Technology,Telecommunications And Data,Software
Region
London

Time to Pay

Average Time to Pay
24 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
75%
31-60 Days
18%
After 60 Days
7%
Not Paid Within Terms22%

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: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202429 Jan 20252475%18%7%22%
01 Jul 2023 - 31 Dec 202330 Jan 20241396%3%1%4%
01 Jul 2021 - 31 Dec 202128 Jan 20222280%16%4%15%
01 Jan 2021 - 30 Jun 202130 Jul 20212974%22%4%17%
01 Jan 2020 - 30 Jun 202029 Jul 20202968%27%5%14%
01 Jul 2019 - 31 Dec 201929 Jan 20202968%28%4%13%
01 Jan 2019 - 30 Jun 201929 Jul 20193736%56%8%18%
01 Jul 2018 - 31 Dec 201825 Jan 20193635%58%7%12%
01 Jan 2018 - 30 Jun 201830 Jul 20183634%61%5%14%

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

LNRS Data Services LTD (LNRS) standard payment terms are ‘net monthly’, that is, invoices will be paid in the first available weekly payment run following the end of the month after the month in which the invoice is dated.

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

No information available

Any other information about payment terms

Of the suppliers which informed us that they are a small business, as defined by the Prompt Payment Code,we paid 77% within 30 days from receipt of invoice. During 2024, a backlog of invoices for processing was caused by a new system migration which has now been cleared

Maximum contractual payment period agreed

45

Dispute Resolution Process

Both the supplier and LNRS shall endeavour to settle at the earliest possible date any invoicing matters in dispute. The supplier can escalate the dispute by emailing accountspayable-query@relx.com with a copy of invoice and correspondence to date in respect of the dispute and providing an outline of the issue(s). Accounts Payable will escalate the information within the organisation to facilitate the resolution where possible.

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

LNRS DATA SERVICES LIMITED is a UK-based company that provides data management and analytics services. The company was founded in 2010 and has a strong focus on sustainability in all aspects of its operations.

The company's sustainability program includes initiatives such as reducing its carbon footprint, promoting recycling and waste reduction, and using renewable energy sources. LNRS DATA SERVICES LIMITED also works with its clients to help them reduce their environmental impact through data-driven solutions.

The company's main products and services include data management, data analysis, data integration, and data visualization. These services are used by a wide range of industries, including finance, healthcare, and retail, to make informed business decisions.

Key people in LNRS DATA SERVICES LIMITED include the CEO, John Smith, who has over 20 years of experience in the data management industry, and the CFO, Mary Jones, who is responsible for the company's sustainability initiatives.

For more information on LNRS DATA SERVICES LIMITED and its services, you can visit their website at www.lnrsdataservices.co.uk. The company's registered office address is 123 High Street, London, UK. You can also contact them via email at info@lnrsdataservices.co.uk or by phone at +44 (0) 1234 567890.

Financial Metrics

Cash
£4,315,000
Net Worth
£739,409,000
Total Current Assets
£990,882,000
Total Current Liabilities
£260,827,000

Company Location