JSM GROUP SERVICES LIMITED
Company Information
- Company Number
- 03591105
- Registered Address
- Sterling House, Mutton Lane, Potters Bar, Hertfordshire, EN6 3AR
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 July 1998
- Nature of Business
- 42220 - Construction of utility projects for electricity and telecommunications
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
JSM GROUP SERVICES LIMITED demonstrates a primary payment trend within 30 days, reflected by an average payment time of 29 days and 55% of invoices settled promptly. However, a significant 40% of payments consistently extend into the 31-60 day period, indicating a common trajectory towards slightly longer payment cycles beyond standard net-30 terms.
Volatility Analysis
While over half of payments are received reliably within 30 days, the substantial 40% in the 31-60 day range introduces a degree of unpredictability for a supplier's cash flow planning. A notable 33% of payments are classified as late, with 5% extending severely beyond 60 days, highlighting a discernible risk of prolonged payment terms.
Summary Analysis
Suppliers can generally expect payment from JSM GROUP SERVICES LIMITED within 30-60 days for the majority of transactions, but should account for a one-third chance of late payment and potential delays past 60 days for a minority of invoices. It is advisable to maintain sufficient working capital to absorb potential payment extensions and consider implementing staggered payment terms or smaller initial credit limits to mitigate this risk.
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 2025 - 30 Jun 2025 | 31 Jul 2025 | 29 | 55% | 40% | 5% | 33% |
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
Payment terms are agreed with suppliers and subcontractors during contract negotiations. Terms vary from 7 days from the invoice date to end of month (EOM) plus 45 days. The most commonly used payment term is 30 days from the 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
60
Dispute Resolution Process
At JSM Group Services Limited, we recognise the importance of maintaining strong and transparent relationships with our supply chain. Any disputes or concerns relating to qualifying contracts are managed through our internal Commercial and Finance teams. Suppliers are encouraged to raise any payment queries or contractual concerns with their designated operational contact in the first instance. Where required, issues can be escalated to the relevant Commercial Manager or to our Finance team. Upon receiving a dispute, we aim to acknowledge it within 3 to 5 working days. We work collaboratively with all parties to resolve matters promptly.
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
Company Summary
JSM GROUP SERVICES LIMITED is an active private limited company. The company name suggests it provides services and operates as part of a group.
Incorporated on 1 July 1998, the company is registered under company number 03591105. Its registered office is located at Sterling House, Mutton Lane, Potters Bar, Hertfordshire, EN6 3AR.
Private limited companies that provide services in the UK market commonly offer a diverse range of professional, technical, or business support solutions. These often include consultancy, advisory services, project management, or outsourced operational functions designed to meet specific client needs.
