There has been a slight increase in the average time taken for JOHN NIXON LIMITED to pay invoices over the past three periods, with the average time increasing from 54 days in 2019 to 55 days in 2023.
The volatility in JOHN NIXON LIMITED's payment practices can be seen in the changes in the percentage of invoices paid later than 60 days. This percentage has ranged from 28% in 2023 to 36% in 2020, showing a difference of 8 percentage points.
There has been a slight increase in the average time taken for JOHN NIXON LIMITED to pay invoices over the past three periods, with a high of 57 days in 2018 and a low of 53 days in 2021 and 2022.
| 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 Jul 2023 - 31 Dec 2023 | 02 Feb 2024 | 55 | 13% | 52% | 35% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 55 | 11% | 56% | 33% | 38% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 56 | 12% | 54% | 34% | 42% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 53 | 12% | 60% | 28% | 15% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 53 | 11% | 61% | 28% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Jul 2020 | 57 | 10% | 54% | 36% | 43% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2022 | 54 | 11% | 58% | 31% | 28% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 54 | 12% | 58% | 31% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 54 | 12% | 56% | 32% | 14% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 57 | 10% | 59% | 31% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jul 2018 | 56 | 9% | 59% | 32% | 16% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from End of Month
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
60
All invoice disputes are logged and tracked. The originating purchaser is responsible for resolution of the dispute with the supplier in as short a timescale as possible
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
John Nixon Limited is a leading sustainability consultancy firm based in the United Kingdom. They are committed to providing sustainable solutions to businesses and organizations, helping them reduce their environmental impact and improve their overall sustainability practices.
Their sustainability program includes a range of services such as sustainability assessments, carbon footprint analysis, waste management, and renewable energy solutions. They also offer training and workshops for businesses to help them develop sustainable practices.
John Nixon Limited is known for their innovative and practical approach to sustainability, which has earned them a reputation as a trusted partner for businesses looking to enhance their sustainability efforts.
The company is led by a team of experienced professionals, including John Nixon, the founder and managing director. He has over 20 years of experience in the sustainability sector and has worked with various organizations across different industries.
Their website, www.johnnixon.com, provides detailed information about their services, case studies, and resources for businesses looking to improve their sustainability practices. Their registered office address is 36 Clarendon Road, Watford, Hertfordshire, WD17 1JJ.
In summary, John Nixon Limited is a well-respected sustainability consultancy firm in the UK, offering a range of services to help businesses and organizations become more sustainable. With their experienced team and practical approach, they are dedicated to making a positive impact on the environment and helping businesses thrive in a sustainable manner.