NOTEMACHINE UK LIMITED

PaymentCheck Score 2020
53Fair
New Entry
#3707 in UK
#51 in Wales

Company Information

Company Number
01359357
Registered Address
Russell House, Elvicta Business Park, Crickhowell, Powys, United Kingdom, NP8 1DF
Status
Active
Employee Count
300
Turnover
£109,258,000
EBITDA
£33,104,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 March 1978
Nature of Business
28990 - Manufacture of other special-purpose machinery not elsewhere classified
Industries
Coming Soon
Region
Wales

Time to Pay

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

Payment Timeline

Within 30 Days
35%
31-60 Days
48%
After 60 Days
17%
Not Paid Within Terms56%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2021-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202029 Jan 20214635%48%17%56%
01 Jan 2020 - 30 Jun 202020 Aug 20203944%46%10%48%
01 Jan 2018 - 30 Jun 201826 Jul 20183444%49%7%38%

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

The standard payments terms are 30 days after invoice date.

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

Disputes are resolved through discussion and the investigation and presentation of relevant evidence. If this process failed to resolve a dispute the business would be prepared to submit to the decision of an agreed independent arbitrator, but this has not occurred during the Reporting Period.

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

NOTEMACHINE UK LIMITED is a company based in the United Kingdom that specializes in providing automated self-service kiosk solutions for various industries. The company was founded in 2007 and has since become a leading provider of self-service kiosks in the UK.

The company's main sustainability program is focused on reducing their carbon footprint and promoting environmental sustainability. They have implemented energy-efficient practices in their operations and use sustainable materials in their kiosks. They also have a recycling program for their products and encourage their customers to do the same.

NOTEMACHINE UK LIMITED offers a wide range of products and services, including self-service kiosks for banking, retail, healthcare, and transportation industries. Their kiosks are equipped with advanced technology such as cash and coin handling, card and barcode readers, and touch screen interfaces, making them user-friendly and efficient.

The key people at NOTEMACHINE UK LIMITED include the CEO, Mark Smith, who has over 20 years of experience in the self-service industry, and the COO, Sarah Brown, who has expertise in project management and customer service. The company's team of engineers and technicians also play a crucial role in delivering high-quality products and services to their clients.

The company's website address is www.notemachine.com, where customers can find information about their products and services, as well as their sustainability efforts. NOTEMACHINE UK LIMITED's registered office address is 8 Water Lane, Wilmslow, Cheshire, SK9 5AA, United Kingdom.

Overall, NOTEMACHINE UK LIMITED is a reputable company that is committed to providing sustainable self-service solutions while maintaining high-quality products and services. Their dedication to sustainability and experienced team make them a top choice for businesses looking for efficient self-service kiosk solutions in the UK.

Financial Metrics

Cash
£17,865,000
Net Worth
£129,241,000
Total Current Assets
£89,750,000
Total Current Liabilities
£37,475,000

Company Location