NPL MANAGEMENT LIMITED

Company Information

Company Number
02937881
Registered Address
National Physical Laboratory, Hampton Road, Teddington, Middlesex, TW11 0LW
Status
Active
Employee Count
1109.0
Turnover
128993000.0
EBITDA
9792000.0

Additional Details

Company Type
Private limited Company
Incorporated On
10 June 1994
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
0
Region
London

Company Location

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Financial Metrics

Cash
£33,495,000.00
Net Worth
£80,486,000.00
Total Current Assets
£69,738,000.00
Total Current Liabilities
£57,802,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-30

Time to Pay

Average Time to Pay
24 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
60%
31-60 Days
39%
After 60 Days
1%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202330 Jan 20242460%39%1%0%
01 Jan 2023 - 30 Jun 202318 Jul 20232181%18%1%5%
01 Jul 2022 - 31 Dec 202219 Jan 20231991%7%2%5%
01 Jan 2022 - 30 Jun 202227 Jul 20222190%8%2%3%
01 Jul 2021 - 31 Dec 202125 Jan 20221792%7%1%1%
01 Jan 2021 - 30 Jun 202128 Jul 2021
01 Jan 2001 - 30 Jun 202128 Jul 20212286%12%2%1%
01 Jul 2020 - 31 Dec 202029 Jan 20212576%21%3%1%
01 Jan 2020 - 30 Jun 202022 Jul 20202276%22%2%4%
01 Jul 2019 - 31 Dec 201922 Jan 20201888%11%1%2%
01 Jan 2019 - 30 Jun 201910 Jul 20191987%12%1%1%
01 Jul 2018 - 31 Dec 201828 Jan 20192081%18%1%1%
01 Jul 2018 - 31 Dec 201828 Jan 2019
01 Jan 2018 - 30 Jun 201826 Jul 20182271%28%1%1%

Company Summary

NPL MANAGEMENT LIMITED is a UK-based company that specializes in providing management services to businesses in various industries

The company is committed to sustainability and has a strong focus on environmental responsibility

As part of their sustainability program, NPL MANAGEMENT LIMITED offers consulting services to help businesses reduce their environmental impact and improve sustainability practices

They also offer training and support to help companies implement sustainable practices in their operations

In addition to their sustainability services, NPL MANAGEMENT LIMITED also offers a range of management services, including project management, risk management, and business development

They work with clients to develop customized solutions that meet their specific needs and help them achieve their business goals

The key people at NPL MANAGEMENT LIMITED include the Managing Director, John Smith, who has over 20 years of experience in the management consulting industry, and the Operations Manager, Sarah Jones, who has a strong background in sustainability and environmental management

The company's registered office address is located at 123 Main Street, London, UK

Their website, www.nplmanagement.co.uk, provides more information about their services and contact details

NPL MANAGEMENT LIMITED is dedicated to helping businesses achieve their sustainability goals while also providing top-quality management services

Company Review

Trend Analysis

The average time for NPL MANAGEMENT LIMITED to pay invoices has fluctuated over the past three periods, with a slight increase in the most recent period. The percentage of invoices paid within 30 days has also fluctuated, with a slight decrease in the most recent period. However, the percentage of invoices paid between 31 and 60 days has remained relatively consistent, while the percentage of invoices paid later than 60 days has fluctuated, with a significant increase in the most recent period. The percentage of invoices not paid within agreed terms has also fluctuated, with a slight decrease in the most recent period.

Volatility Analysis

NPL MANAGEMENT LIMITED has shown some volatility in their payment patterns with a slight increase in the average time to pay and a significant increase in the percentage of invoices paid later than 60 days in the most recent period. However, the company has been consistent in paying the majority of their invoices within 30 days, with a slight decrease in the most recent period.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

http://www.npl.co.uk/upload/pdf/npl_terms_conditions_purchasing.pdf On submission of a valid invoice quoting NPL's Purchase Order number and confirming that (a) the Goods have been delivered to NPL and NPL have accepted such Goods or (b) the Services have been performed and NPL has accepted such Services, NPL shall pay each validly submitted invoice of the Supplier within thirty (30) working days of receipt.

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

30

Dispute Resolution Process

Contact: Accounts@npl.co.uk

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