CROWN AGENTS LIMITED
Company Information
- Company Number
- 03259922
- Registered Address
- Blue Fin Building, 110 Southwark Street, London, England, SE1 0SU
- Status
- Active
- Employee Count
- 381
- Turnover
- £62,537,000
- EBITDA
- £3,313,000
Additional Details
- Website
- https://crownagents.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 7 October 1996
- Nature of Business
- 70229 - Management consultancy activities other than financial management96090 - Other service activities not elsewhere classified
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for CROWN AGENTS LIMITED to pay invoices to suppliers has been steadily decreasing over the past five periods, with a slight increase in the most recent period.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated the most, with a high of 72% in the most recent period and a low of 44% in the first period. The percentage of invoices paid between 31 and 60 days has also fluctuated, with a high of 40% in the fourth period and a low of 21% in the eighth period. The percentage of invoices paid later than 60 days has been consistently low, with a high of 22% in the first period and a low of 7% in the eighth period.
Summary Analysis
From Jan 2019 to Jun 2023, CROWN AGENTS LIMITED has shown a steady decrease in the average time taken to pay invoices to suppliers, going from 49 days to 35 days. The percentage of invoices paid within 30 days has also increased from 44% to 64%, while the percentage of invoices paid between 31 and 60 days has fluctuated between 34% and 26%. The percentage of invoices paid later than 60 days has consistently remained low, ranging from 7% to 22%.
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 2023 - 30 Jun 2023 | 06 Sept 2023 | 35 | 64% | 26% | 10% | 40% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 37 | 63% | 23% | 14% | 42% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 32 | 72% | 20% | 9% | 30% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 33 | 72% | 21% | 7% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 40 | 67% | 21% | 12% | 35% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 33 | 65% | 24% | 11% | 38% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 37 | 55% | 30% | 15% | 49% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 34 | 52% | 40% | 8% | 55% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 37 | 55% | 34% | 11% | 53% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 36 | 48% | 36% | 16% | 52% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 49 | 44% | 34% | 22% | 57% |
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
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
45
Dispute Resolution Process
Suppliers e-mail invoices across to the Accounts Payable department. Any queries will be raised with Suppliers, which should avoid disputes. The Accounts Payable department will pick up Supplier queries via the Crown Agents Limited mailbox immediately.
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
CROWN AGENTS LIMITED is a UK-based international development company that provides services and products to governments, international organizations, and businesses in over 100 countries. They have been in operation for over 180 years, and their main focus is on promoting sustainable development and improving the lives of people in developing countries.
The company offers a wide range of services, including procurement, logistics, financial management, and technical assistance. They also have a strong sustainability program that aims to promote environmentally responsible practices in their operations and projects. They work closely with their clients to ensure that their projects have a positive impact on the environment and local communities.
CROWN AGENTS LIMITED is led by a team of experienced professionals, including the CEO Fergus Drake, who has over 25 years of experience in the international development sector. The company has a dedicated team of over 500 employees, who are committed to delivering high-quality services and products to their clients.
Some of the notable projects that CROWN AGENTS LIMITED has worked on include the distribution of essential medicines in Sierra Leone, procurement of medical supplies for the Ebola crisis in West Africa, and providing technical assistance to improve the education system in Zimbabwe.
Their registered office address is Crown Agents, St Nicholas House, St Nicholas Road, Sutton, Surrey, SM1 1EL, United Kingdom. Their website address is www.crownagents.com, where interested parties can find more information about their services and sustainability initiatives. Overall, CROWN AGENTS LIMITED is a reputable and socially responsible company that is dedicated to making a positive impact in the world.
