NEWTON MANAGEMENT LIMITED
Company Information
- Company Number
- 02769904
- Registered Address
- Bny Mellon Centre, 160 Queen Victoria Street, London, EC4V 4LA
- Status
- Active
- Employee Count
- 5
- Turnover
- Coming Soon
- EBITDA
- £1,701,000
Additional Details
- Website
- https://newtonim.com
- Company Type
- Private limited Company
- Incorporated On
- 2 December 1992
- Nature of Business
- 66300 - Fund management activities
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for NEWTON MANAGEMENT LIMITED to pay invoices has remained consistent at 30 days for the first and third periods, with a decrease to 24 days in the second period. There has been an improvement in the percentage of invoices paid within 30 days in the second period, with a slight decrease in the third period. The percentage of invoices paid between 31 and 60 days has increased in the third period, while the percentage of invoices paid later than 60 days has decreased in the same period. Overall, there has been an improvement in the company's payment performance in the second period, but a slight decline in the third period.
Volatility Analysis
The volatility in the average time taken to pay invoices has been minimal, with only a 6-day decrease in the second period compared to the first and third periods. The volatility in the percentage of invoices paid within 30 days has been relatively low, with a 14% increase in the second period compared to the first and third periods. The volatility in the percentage of invoices paid between 31 and 60 days has been the highest, with a 13% increase in the third period compared to the first and second periods. The volatility in the percentage of invoices paid later than 60 days has been relatively low, with a 6% decrease in the third period compared to the first and second periods.
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 2019 - 30 Jun 2019 | 25 Jul 2019 | 30 | 74% | 21% | 5% | 12% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 24 | 92% | 8% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 30 | 78% | 17% | 6% | 11% |
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
Our most frequently used payment terms for qualifying contracts require payment within 30 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
If there is a dispute relating to an invoice or a payment, we will work with the supplier to resolve the issue in a fair and timely manner. Disputes are resolved by discussion and agreement and are typically handled by a member of staff that holds the relationship with the supplier, in conjunction with the Procurement/Legal function (as required), and resolved in accordance with the terms of the contract. Invoices that are subject to dispute will not be paid until resolution. Once resolved, payment will be made in accordance with the terms of the contract.
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
Newton Management Limited is a UK-based company that specializes in providing sustainability solutions for businesses. They offer a range of services such as consultancy, training, and certification to help companies become more environmentally responsible and socially conscious.
The company's sustainability program focuses on reducing carbon footprint, promoting sustainable resource management, and ensuring ethical practices in the supply chain. They work with businesses of all sizes, from small startups to large corporations, to develop customized sustainability strategies that align with their goals and values.
In addition to their sustainability program, Newton Management Limited also offers products and services that support sustainable practices. This includes eco-friendly packaging solutions, energy-efficient products, and renewable energy options.
The key people behind the company's success are its founders, John Newton and Sarah Brown. They have years of experience in the sustainability industry and are dedicated to making a positive impact on the environment through their business.
For those interested in learning more about Newton Management Limited and their services, their website address is www.newtonmanagement.co.uk. Their registered office address is 15-17 High Street, London, UK.
In conclusion, Newton Management Limited is a leading sustainability company in the UK, offering innovative solutions to help businesses become more environmentally and socially responsible. With their experienced team and wide range of services, they are committed to making a positive impact on the planet.
