PARAGON CUSTOMER COMMUNICATIONS LONDON LIMITED
Company Information
- Company Number
- 02788181
- Registered Address
- Lower Ground Floor, Park House, 16/18, Finsbury Circus, London, England, EC2M 7EB
- Status
- Active
- Employee Count
- 3017.0
- Turnover
- 491685000.0
- EBITDA
- -14333000.0
Additional Details
- Website
- https://ormdigital.com/
- Company Type
- Private limited Company
- Incorporated On
- 9 February 1993
- Nature of Business
- 96090 - Other service activities not elsewhere classified
- Industries
- 0
- Region
- London
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 01 Feb 2024 | 69 | 35% | 26% | 39% | 52% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 66 | 33% | 27% | 39% | 47% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 66 | 31% | 28% | 41% | 48% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 59 | 30% | 39% | 30% | 34% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 58 | 27% | 46% | 28% | 38% |
| 01 Jan 2021 - 30 Jun 2021 | 03 Aug 2021 | 66 | 37% | 29% | 34% | 50% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Feb 2021 | 64 | 24% | 37% | 39% | 39% |
| 01 Jan 2020 - 30 Jun 2020 | 10 Aug 2020 | 59 | 28% | 35% | 37% | 40% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 63 | 31% | 36% | 33% | 30% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Aug 2019 | 58 | 33% | 56% | 11% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Aug 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 25 Jan 2019 | 58 | 46% | 33% | 21% | 50% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Aug 2018 | 69 | 36% | 32% | 32% | 70% |
| 01 Jul 2017 - 31 Dec 2017 | 25 Jun 2018 | 64 | 35% | 36% | 29% | 35% |
Company Summary
PARAGON CUSTOMER COMMUNICATIONS (LONDON) LIMITED is a leading provider of customer communication services, based in London, UK
Founded in 1992, the company has grown to become one of the most trusted names in the industry, offering a wide range of services to clients across various sectors
The company's sustainability program is a key aspect of its operations, with a strong focus on reducing its environmental impact
PARAGON is committed to using sustainable materials, reducing waste, and promoting responsible production practices
They also work closely with their clients to help them achieve their sustainability goals through their communication strategies
PARAGON offers a wide range of products and services, including print and digital communication, data management, and fulfillment services
Their solutions are tailored to meet the specific needs of their clients, helping them to effectively engage with their customers and enhance their brand image
The key people at PARAGON include CEO Jeremy Walters, who has been with the company since its inception and has played a crucial role in its growth and success
The company also has a highly experienced management team and dedicated staff, who are committed to delivering the highest quality services to their clients
For more information on PARAGON's services and sustainability program, you can visit their website at www.paragon-cc.co.uk
Their registered office address is 9-11 The Quadrant, Abingdon Science Park, Abingdon, Oxfordshire, OX14 3YS
Overall, PARAGON CUSTOMER COMMUNICATIONS (LONDON) LIMITED is a reputable and socially responsible company that continues to innovate and provide top-notch services to its clients
Company Review
Trend Analysis
The time taken for PARAGON CUSTOMER COMMUNICATIONS (LONDON) LIMITED to pay invoices has fluctuated over the past three periods, with a slight overall increase in the average time to pay. The percentage of invoices paid within 30 days has also increased, while the percentage of invoices paid later than 60 days has decreased.
Volatility Analysis
The volatility in invoice payment for PARAGON CUSTOMER COMMUNICATIONS (LONDON) LIMITED is evident in the changes in the average time to pay and the percentages of invoices paid within different time frames. These fluctuations may be due to various factors such as changes in company finances or supplier relationships.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
60 days, 30 days, 0 days from document date of supplier invoice
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
90
Dispute Resolution Process
Initial enquires are addressed to the accounts payable team centrally based at Dagenham. This is by either phone or email to "AccountsPayable@paragon-cc.co.uk". The AP team wiIl engage internally with requestor staff in any instances where there are queries matching purchase orders to supplier invoice.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available