ELSEVIER LIMITED
Company Information
- Company Number
- 01982084
- Registered Address
- 125 London Wall, London, United Kingdom, EC2Y 5AS
- Status
- Active
- Employee Count
- 1,561
- Turnover
- £765,387,000
- EBITDA
- £300,144,000
Additional Details
- Website
- https://elsevier.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 24 January 1986
- Nature of Business
- 62090 - Other information technology service activities
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 30 Jun 2024 | 29 Jul 2024 | 24 | 66% | 31% | 3% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 26 | 63% | 34% | 3% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 28 | 56% | 42% | 2% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 19 | 72% | 26% | 2% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 24 | 50% | 49% | 1% | 10% |
| 01 Jul 2020 - 31 Dec 2020 | 15 Feb 2021 | 24 | 52% | 47% | 1% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 25 | 48% | 52% | 0% | 8% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 28 | 38% | 62% | 0% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 18 Jul 2018 | 26 | 54% | 45% | 1% | 16% |
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 and default payment term for Elsevier Ltd suppliers is 45 days from receipt of a valid invoice. In addition, certain categories of supplier are set up with specific payment dates (e.g. for royalty, rent and lease related payments), while others may be paid early where they offer early settlement discounts. However, due to new prompt payment guidelines, suppliers classified as small business will have a payment terms of 30 days net. The maximum payment period for a contract during the reporting period was 60 days. There was no change to the standard payment terms during the reporting period.’’
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
‘’Elsevier’s Standard Terms of Purchase set out the legal framework for its supplier relationships. Elsevier has a dedicated Payments Helpdesk, contactable in the UK at: +44 1865 84 3198. The Helpdesk is responsible for the investigation and resolution of invoice and/or payment related queries and the target response time is 48 hours. If a supplier is not satisfied with the Helpdesk response, details will be escalated to either the Head of Elsevier’s ‘Procure to Pay’ function or to the Elsevier business contact responsible for managing the supplier relationship. If a dispute relates to contract terms or supplier performance, the Helpdesk will immediately refer the matter to the appropriate business contact, who will contact the supplier directly.’’
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.
❌
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
ELSEVIER LIMITED is a global information analytics and technology company that provides scientific, technical, and medical information products and services. They have a strong commitment to sustainability and have implemented various sustainable practices in their operations.
Their sustainability program focuses on reducing their environmental impact and promoting responsible business practices. This includes using renewable energy sources, reducing waste and emissions, and promoting diversity and inclusion within their workforce.
ELSEVIER LIMITED offers a wide range of products and services, including digital solutions, data analytics, and scientific research tools. These products and services are used by researchers, healthcare professionals, and academic institutions around the world.
The key people at ELSEVIER LIMITED include CEO Kumsal Bayazit, who leads the company's strategic direction and growth, and Chief Sustainability Officer Nicko Goncharoff, who oversees the company's sustainability efforts.
Their website, www.elsevier.com, provides information about their products and services, as well as their sustainability initiatives. The registered office address for ELSEVIER LIMITED is The Boulevard, Langford Lane, Kidlington, Oxford, OX5 1GB, United Kingdom.
In summary, ELSEVIER LIMITED is a leading company in the information industry, with a strong focus on sustainability and providing high-quality products and services to their customers. Their commitment to sustainability and responsible business practices sets them apart as a socially responsible and forward-thinking company.
