NG BAILEY IT SERVICES LIMITED
Company Information
- Company Number
- 02338401
- Registered Address
- 7 Brown Lane West, Leeds, England, LS12 6EH
- Status
- Active
- Employee Count
- 250
- Turnover
- £30,158,000
- EBITDA
- £4,102,000
Additional Details
- Website
- https://ngbailey.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 24 January 1989
- Nature of Business
- 61100 - Wired telecommunications activities61900 - Other telecommunications activities
- Industries
- Information Technology,Telecommunications And Data,Professional Services
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
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 |
|---|---|---|---|---|---|---|
| 02 Mar 2019 - 01 Sept 2019 | 30 Sept 2019 | 51 | 30% | 39% | 31% | 47% |
| 03 Sept 2018 - 01 Mar 2019 | 30 Mar 2019 | 51 | 26% | 40% | 34% | 66% |
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
NG Bailey IT Services Limited does not use standard payment terms. Payment terms are agreed with suppliers and subcontractors as part of contract negotiations. The most frequently used payment terms in the reporting period are 60 days from the end of the month following the tax point of the invoice. Payment runs are typically done on a weekly basis.
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
NG Bailey IT Services Limited takes prides in developing open and long lasting relationships with its suppliers and subcontractors. NG Bailey IT Services Limited actively seeks to resolve disputes by discussing them with the relevant supplier or subcontractor. This typically involves members of the procurement, accounts payable and commercial teams. Where necessary it is escalated to members of management. Where it is not possible to reach an agreement, a number of potential dispute resolution methods may be used, e.g. mediation, litigation or arbitration.
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
Company Summary
NG Bailey IT Services Limited is a UK-based company that provides a wide range of IT services to businesses across various industries. The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact.
Their sustainability program includes initiatives such as energy-efficient technology, waste reduction, and responsible procurement practices. They also have a dedicated team that constantly monitors and evaluates their sustainability performance and sets targets for continuous improvement.
The company offers a range of products and services such as network infrastructure, cloud solutions, cybersecurity, and managed IT services. They work closely with their clients to understand their specific needs and provide personalized solutions that drive business growth.
The key people at NG Bailey IT Services Limited include Stephen Church, the Managing Director, and Paul Wilkinson, the Head of IT Services. They bring a wealth of experience and expertise in the IT industry and are committed to delivering high-quality services to their clients.
NG Bailey IT Services Limited can be contacted through their website, which is https://www.ngbailey.com/it-services. Their registered office address is 2 Park Lane, Leeds, LS3 1ES, United Kingdom.
In summary, NG Bailey IT Services Limited is a sustainable company that offers a wide range of IT services to businesses. With their dedicated team and commitment to sustainability, they are a reliable and trusted partner for businesses looking to enhance their IT capabilities.