QUADIENT UK LIMITED
Company Information
- Company Number
- 02658324
- Registered Address
- 3rd Floor Press Centre Here East, 14 East Bay Lane, London, England, E15 2GW
- Status
- Active
- Employee Count
- 354
- Turnover
- £42,207,000
- EBITDA
- -£4,786,000
Additional Details
- Website
- https://dcs.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 29 October 1991
- Nature of Business
- 28230 - Manufacture of office machinery and equipment (except computers and peripheral equipment)
- Industries
- Manufacturing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for QUADIENT UK LIMITED's average time to pay invoices has been somewhat inconsistent over the past three periods. In 2018-2019, the average time to pay was 40-41 days, but in 2020 it increased to 67 days before decreasing again to 53 days in 2021. However, in 2022 it increased again to 55 days.
Volatility Analysis
There has been some volatility in QUADIENT UK LIMITED's payment patterns over the past three periods. In 2019-2020, there was a significant increase in the percentage of invoices paid later than 60 days, jumping from 14% to 26%. However, in 2020-2021 there was a decrease in this percentage, dropping to 30%. There has also been some fluctuation in the percentage of invoices paid within 30 days, with a decrease from 70% to 36% between 2018-2019 and 2022-2023.
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 Feb 2023 - 31 Jul 2023 | 24 Aug 2023 | 44 | 42% | 39% | 19% | 76% |
| 01 Aug 2022 - 31 Jan 2023 | 20 Feb 2023 | 55 | 39% | 34% | 26% | 71% |
| 01 Feb 2022 - 31 Jul 2022 | 22 Aug 2022 | 38 | 35% | 39% | 26% | 83% |
| 01 Aug 2021 - 31 Jan 2022 | 12 Feb 2022 | 42 | 24% | 40% | 36% | 88% |
| 01 Feb 2021 - 31 Jul 2021 | 12 Aug 2021 | 42 | 35% | 42% | 23% | 81% |
| 01 Aug 2020 - 31 Jan 2021 | 19 Feb 2021 | 53 | 36% | 34% | 30% | 82% |
| 01 Feb 2020 - 31 Jul 2020 | 25 Aug 2020 | 67 | 35% | 39% | 26% | 82% |
| 01 Aug 2019 - 31 Jan 2020 | 27 Feb 2020 | 41 | 58% | 27% | 15% | 65% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Aug 2019 | 41 | 61% | 24% | 15% | 63% |
| 01 Aug 2018 - 31 Jan 2019 | 20 Feb 2019 | 40 | 65% | 22% | 14% | 62% |
| 01 Feb 2018 - 31 Jul 2018 | 23 Aug 2018 | 41 | 70% | 21% | 9% | 58% |
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
30 days from date of invoice, however we do pay some suppliers less than 30 days and some of our intercompany payments are due at 60 days.
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
The department that requested the goods/service will contact the supplier with the dispute within 48 hours, with an aim to find a resolution within 2 weeks.
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
QUADIENT UK LIMITED is a leading provider of customer communication management solutions, with a strong focus on sustainability. The company offers a range of products and services that help businesses streamline their communication processes, reduce costs, and improve customer experience.
One of the key pillars of QUADIENT UK LIMITED's sustainability program is its commitment to reducing environmental impact. The company has implemented a number of initiatives to minimize its carbon footprint, such as using eco-friendly materials in its products, optimizing transportation routes, and reducing energy consumption in its offices and warehouses.
In addition, QUADIENT UK LIMITED offers a range of sustainable products, such as mail processing systems that use recycled materials and eco-friendly ink cartridges. The company also helps its customers reduce paper waste and increase digital communication through its digital document solutions.
The key people at QUADIENT UK LIMITED include its CEO, Ian Taylor, who has over 20 years of experience in the industry, and its Head of Sustainability, Sarah Carter, who leads the company's sustainability initiatives.
Customers can contact QUADIENT UK LIMITED through its website, which provides information on its products, services, and sustainability program. The company's registered office address is located in Egham, Surrey, and its website is https://www.quadient.com/uk-en. With its strong focus on sustainability and commitment to providing innovative customer communication solutions, QUADIENT UK LIMITED continues to be a trusted partner for businesses in the UK and beyond.
