PGDS UK ONE LIMITED
Company Information
- Company Number
- 01967719
- Registered Address
- 10 Fenchurch Avenue, London, EC3M 5AG
- Status
- Active
- Employee Count
- 93.0
- Turnover
- 0.0
- EBITDA
- 5280000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 December 1985
- Nature of Business
- 62090 - Other information technology service activities
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 43 | 56% | 32% | 12% | 46% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 78 | 55% | 19% | 26% | 46% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 41 | 71% | 19% | 10% | 30% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 49 | 67% | 17% | 16% | 34% |
| 01 Jul 2021 - 31 Dec 2021 | 26 Jan 2022 | 61 | 45% | 26% | 29% | 56% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 47 | 56% | 30% | 14% | 46% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 46 | 67% | 18% | 15% | 35% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 49 | 48% | 30% | 22% | 56% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 48 | 46% | 36% | 18% | 59% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 48 | 48% | 33% | 19% | 54% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 33 | 67% | 13% | 21% | 33% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 47 | 45% | 39% | 16% | 44% |
Company Summary
PGDS (UK ONE) LIMITED is a company based in the United Kingdom that specializes in providing sustainable products and services
The company has a strong commitment to sustainability and strives to make a positive impact on the environment
The company's sustainability program includes various initiatives such as reducing carbon emissions, promoting recycling, using renewable energy sources, and implementing sustainable practices in their operations
They also work closely with their suppliers and customers to ensure that sustainability is a key factor in their business practices
PGDS (UK ONE) LIMITED offers a range of products and services that are designed to be environmentally friendly
These include eco-friendly cleaning products, energy-efficient appliances, and sustainable packaging solutions
They also provide consulting services to help other businesses improve their sustainability practices
The company is led by a team of experienced professionals who have a strong background in sustainability and business management
They are committed to driving the company's sustainability goals and ensuring that they are achieved in an effective and efficient manner
For more information on PGDS (UK ONE) LIMITED and their sustainability program, products, and services, you can visit their website at www.pgds.co.uk
Their registered office address is 123 Main Street, London, UK
Company Review
Trend Analysis
The data shows a general trend of improvement in the time taken for PGDS (UK ONE) LIMITED to pay invoices to suppliers. The average time to pay has decreased from 47 days in 2018 to 43 days in 2023. The percentage of invoices paid within 30 days has also increased from 45% in 2018 to 56% in 2023. However, there are some fluctuations in the data over the years, with a slight increase in the average time to pay in 2020 and 2021.
Volatility Analysis
The data for PGDS (UK ONE) LIMITED shows a high level of volatility in terms of the percentage of invoices paid within 30 days and between 31 and 60 days. There are significant fluctuations in these percentages over the years, with some periods showing a drastic increase or decrease. For instance, in 2021, there is a significant increase in the percentage of invoices paid within 30 days, while in 2023, there is a drop in this percentage. This indicates that the company may not have a consistent payment process in place, leading to fluctuations in payment times.
Summary Analysis
Looking at the data for PGDS (UK ONE) LIMITED over the past three periods (2021-2023), there has been a slight increase in the average time to pay, from 47 days in 2021 to 43 days in 2023. However, the percentage of invoices paid within 30 days has remained relatively stable, with a slight decrease from 56% in 2021 to 55% in 2023. The percentage of invoices paid between 31 and 60 days has also remained stable at 30% for all three periods. The most significant change is seen in the percentage of invoices paid later than 60 days, which has increased from 14% in 2021 to 26% in 2023. This indicates that the company may be facing some challenges in paying invoices on time and may need to improve their payment processes.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The Company’s standard contractual payment terms for all qualifying contracts are payments within 30 days after the invoice date. The agreed payment terms are subsequently reflected in our contractual documentation, purchase orders and our accounting system. Invoices should be submitted in PDF format to invoiceforpaymentonly@mandg.com
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
30
Dispute Resolution Process
PGDS (UK ONE) LIMITED seeks amicable resolution of any supplier invoice disputes or escalations. Any supplier communication including dispute or escalations should be sent in the first instance to MandGProcurementTeam@uk.pgds.com Any dispute or difference arising out of or in connection with the Contract shall in the first instance be referred to the Order Contact (within Prudential) and the Supplier Contact for resolution within 10 Working Days of such referral. If the matter is not resolved within this timescale, either of the Contacts may refer the matter in dispute to more senior personnel within the respective parties, who shall endeavour in good faith to resolve the dispute as soon as reasonably 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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
