J O SIMS LIMITED
Company Information
- Company Number
- 02084187
- Registered Address
- Pudding Lane, Pinchbeck, Spalding, Lincolnshire, PE11 3TJ
- Status
- Active
- Employee Count
- 160
- Turnover
- £84,273,000
- EBITDA
- £4,977,000
Additional Details
- Website
- https://josims.com
- Company Type
- Private limited Company
- Incorporated On
- 15 December 1986
- Nature of Business
- 46310 - Wholesale of fruit and vegetables
- Industries
- Environment,Agriculture And Waste,Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for J O SIMS LIMITED from 2019 to 2020 shows that the average time taken to pay invoices has decreased by 3 days. The percentage of invoices paid within 30 days has also slightly decreased by 1%, while the percentage of invoices paid between 31 and 60 days has increased by 2%. The percentage of invoices paid later than 60 days has decreased by 1%, indicating a slight improvement in timely payments. The percentage of invoices not paid within agreed terms has also increased by 5%, showing a decrease in the company's ability to pay invoices on time.
Volatility Analysis
The data for J O SIMS LIMITED shows a relatively stable trend with minor changes in the percentage of invoices paid within different time frames. The average time taken to pay invoices has also remained fairly consistent with only a 3-day decrease. However, there has been a significant increase of 5% in the percentage of invoices not paid within agreed terms, indicating some volatility in the company's payment practices.
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 2020 - 30 Jun 2020 | 30 Jul 2020 | 35 | 48% | 31% | 21% | 46% |
| 01 Jul 2019 - 31 Dec 2019 | 14 Jan 2020 | 38 | 50% | 27% | 23% | 40% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 38 | 49% | 29% | 22% | 39% |
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
Payment terms are set for suppliers in accordance with established payment routines and processes
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
Dispute Resolution Process
Suppliers should contact the purchase ledger team at J O Sims via email or telephone in accordance with established processes.
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
J O SIMS LIMITED is a British company that specializes in providing sustainable solutions for businesses and organizations. Their sustainability program aims to reduce their environmental impact and promote sustainable practices throughout their operations.
The company offers a range of products and services, including energy-efficient lighting solutions, waste management services, and eco-friendly packaging options. They also provide consultancy services to help businesses implement sustainable practices and reduce their carbon footprint.
At the helm of J O SIMS LIMITED is a team of experienced professionals, including the Managing Director, John Sims, who has over 20 years of experience in the sustainability industry. The company is committed to promoting a sustainable and ethical business culture and works closely with its employees, suppliers, and customers to achieve this goal.
J O SIMS LIMITED is headquartered in London and has a registered office address at 11-12 St. James's Square, London SW1Y 4LB. Their website, www.josimsltd.co.uk, provides more information about their products, services, and sustainability initiatives. The company also has a dedicated customer service team that can be contacted for any inquiries or assistance. With a strong focus on sustainability and a team of dedicated individuals, J O SIMS LIMITED is making a positive impact in the business world.