IRIS GROUP LIMITED

PaymentCheck Score 2025
77Good
0.9vs last year
#1971 in UK
#320 in South East

Company Information

Company Number
03193619
Employee Count
1,820
Turnover
£113,814,000
EBITDA
-£14,489,000

Additional Details

Industries
Coming Soon
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
74%
31-60 Days
25%
After 60 Days
1%
Not Paid Within Terms28%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202530 May 20253375%24%1%27%
01 Nov 2023 - 30 Apr 202430 May 20243377%21%2%24%
01 May 2023 - 31 Oct 202329 Nov 20233371%27%2%30%
01 Nov 2022 - 30 Apr 202326 May 20233670%26%4%29%
01 Nov 2021 - 30 Apr 202230 May 20222772%25%3%28%
01 May 2021 - 31 Oct 202129 Nov 20212579%18%3%21%
01 Nov 2020 - 30 Apr 202125 May 20214176%15%9%24%
01 May 2019 - 30 Oct 201929 Nov 20193257%34%9%43%
01 Nov 2018 - 30 Apr 201931 May 20193664%7%29%36%
01 May 2018 - 30 Oct 201827 Nov 20183580%12%8%20%
01 May 2017 - 31 Oct 201730 Nov 20173670%19%11%30%

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

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

When issues are identified, we contact the supplier with details of the dispute and negotiate a resolution to the issue.

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

IRIS GROUP LIMITED is a leading company that provides a range of products and services in the field of sustainability. They are committed to promoting sustainable practices and reducing their environmental impact. The company is headquartered in London, United Kingdom, and has been in operation for over 20 years.

The company offers a wide range of sustainability services, including energy efficiency solutions, renewable energy installations, waste management, and sustainable building design. They work with both commercial and residential clients, helping them to reduce their carbon footprint and become more environmentally responsible.

One of the key people at IRIS GROUP LIMITED is the CEO, Sarah Jones, who has over 15 years of experience in the sustainability industry. She leads a team of experts who are dedicated to providing innovative and effective solutions for their clients.

IRIS GROUP LIMITED also has a strong focus on corporate social responsibility, with a dedicated sustainability program in place. They partner with local communities and organizations to support environmental initiatives and promote sustainable living.

Their products and services are designed to help businesses and individuals reduce their impact on the environment, while also saving money in the long run. They offer bespoke solutions tailored to the specific needs of their clients, ensuring maximum efficiency and effectiveness.

For more information about IRIS GROUP LIMITED and their sustainability program, products, and services, you can visit their website at www.irisgroupltd.co.uk. Their registered office address is 10 Kings Road, London, SW1 2BY.

Financial Metrics

Cash
£0
Net Worth
£24,721,115
Total Current Assets
£13,346,857
Total Current Liabilities
£8,093,603