SPRINGER NATURE LIMITED
Company Information
- Company Number
- 00785998
- Registered Address
- The Campus, 4 Crinan Street, London, United Kingdom, N1 9XW
- Status
- Active
- Employee Count
- 1,097
- Turnover
- £398,314,000
- EBITDA
- £125,051,000
Additional Details
- Website
- https://nature.com/sc/
- Company Type
- Private limited Company
- Incorporated On
- 24 December 1963
- Nature of Business
- 58110 - Book publishing58142 - Publishing of consumer and business journals and periodicals
- Industries
- Creative,Media And Publishing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for Springer Nature Limited shows a general trend of decreasing average time to pay invoices over the past three periods. From 2018 to 2021, the average time to pay has decreased from 28 days to 23 days, indicating a trend towards faster payment. Additionally, the percentage of invoices paid within 30 days has also increased, from 74% in 2018 to 83% in 2021. This suggests a trend towards early payment for the company.
Volatility Analysis
There is some volatility in the data for Springer Nature Limited, particularly in the percentage of invoices paid within 30 days and between 31 and 60 days. These percentages fluctuate between periods, with the highest volatility seen in 2019 when the percentage of invoices paid within 30 days decreased by 7% compared to the previous period. However, overall there is a trend towards faster payment and better adherence to agreed payment terms.
Summary Analysis
From 2018 to 2021, Springer Nature Limited has shown a trend towards faster payment and early payment for their invoices. The average time to pay has decreased from 28 days to 23 days, and the percentage of invoices paid within 30 days has increased from 74% to 83%. However, there is also some volatility in the data, particularly in 2019 when the percentage of invoices paid within 30 days decreased by 7% compared to the previous period. The worst period for the company was in 2018 when 11% of invoices were paid later than 60 days, indicating a need for improvement in payment practices. Overall, the data shows a positive trend towards faster and more timely payment for Springer Nature Limited.
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 2021 - 30 Jun 2021 | 05 Aug 2021 | 23 | 83% | 15% | 2% | 42% |
| 01 Jul 2020 - 31 Dec 2020 | 20 Feb 2021 | 26 | 85% | 12% | 3% | 47% |
| 01 Jan 2020 - 30 Jun 2020 | 05 Aug 2020 | 31 | 66% | 24% | 10% | 57% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 31 | 72% | 20% | 8% | 46% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 22 | 75% | 15% | 10% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 30 | 70% | 19% | 11% | 58% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 28 | 74% | 19% | 7% | 57% |
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
Our most used standard payment terms are 30 days from invoice date for regular vendors.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
Vendors can contact our global support department Globalapsupport@springernature.com They will answer all questions regarding the status of an invoice/payment and resolve any dispute with payment amounts and deductions received in their bank account. Any other disputes regarding delivery needs to be resolved with the employee who bought the goods or services.
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.
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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
SPRINGER NATURE LIMITED is a leading global research, educational and professional publisher. The company provides high-quality content and innovative digital products and services to academic institutions, researchers, professionals, and students. They are committed to promoting sustainable practices and have a strong sustainability program in place.
The company's sustainability program includes reducing their carbon footprint, promoting sustainable paper sourcing, and supporting initiatives for open access publishing. They also have a Social Responsibility Committee that oversees their sustainability efforts and regularly reports on their progress.
SPRINGER NATURE LIMITED offers a wide range of products and services, including journals, books, reference works, databases, and online learning tools. They cover a wide range of subjects, including science, technology, medicine, humanities, and social sciences. Their products and services are available both in print and digital formats, catering to the evolving needs of their customers.
The key people at SPRINGER NATURE LIMITED include their CEO, Frank Vrancken Peeters, and their Executive Vice President for Research, Steven Inchcoombe. Both are experienced professionals with a strong focus on innovation and sustainability.
For more information on their products, services, and sustainability efforts, you can visit their website at www.springernature.com. The registered office address for SPRINGER NATURE LIMITED is The Campus, 4 Crinan Street, London, N1 9XW, United Kingdom.
