THE NORTHVIEW GROUP LIMITED
Company Information
- Company Number
- 03050321
- Registered Address
- 30 Finsbury Square, London, EC2A 1AG
- Status
- Dissolved
- Employee Count
- 511
- Turnover
- £81,145,000
- EBITDA
- £24,008,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 April 1995
- Nature of Business
- 64205 - Activities of financial services holding companies
- Industries
- Financial Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average payment time for THE NORTHVIEW GROUP LIMITED is 28 days, however, a significant majority (56%) of payments fall within the 31-60 day bracket. Only 38% of invoices are settled within 30 days, indicating a consistent trend of payments typically extending beyond standard net-30 terms. This trajectory suggests an expectation for payments to generally occur in the 31-60 day window.
Volatility Analysis
Payment reliability is moderate, with over half of payments (56%) consistently taking 31-60 days to settle, indicating a predictable pattern of extended terms. While the average is 28 days, the low percentage of payments within 30 days (38%) and the 6% over 60 days introduce a noticeable risk of delays beyond typical expectations. Suppliers should anticipate payments frequently extending beyond 30 days, with a small but present risk of significant lateness.
Summary Analysis
Based on the data, a supplier should anticipate payments generally arriving between 31 and 60 days. Key decision factors include adjusting internal cash flow projections to accommodate these extended timelines and considering offering credit terms that reflect this payment behavior. To mitigate risk, suppliers might explore setting 60-day payment terms or implementing clear late payment penalties for invoices exceeding 60 days.
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 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 0 | 0% | 0% | 0% | 0% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 0 | 0% | 0% | 0% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 30 | 67% | 33% | 0% | 33% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 28 | 38% | 56% | 6% | 6% |
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
standard 30 days from invoice date
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
30
Dispute Resolution Process
Disputes will be dealt with by the Accounts Payable function, Procurement function or Business Relationship Manager for the specific supplier.
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.
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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.
❌
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
THE NORTHVIEW GROUP LIMITED was a private limited company. The inclusion of 'Group' in its name signifies a corporate entity structured to manage multiple business units or diverse interests.
Company number 03050321, THE NORTHVIEW GROUP LIMITED was incorporated on 26 April 1995. Its registered office was located at 30 Finsbury Square, London, EC2A 1AG, placing its operations within London. This private limited company is now dissolved.
Private limited companies in the UK commonly undertake a vast array of commercial activities, offering diverse products and services across numerous sectors. These can range from manufacturing, retail, and technology to professional services, property management, and hospitality.
