EPSILON INTERNATIONAL UK LTD
Company Information
- Company Number
- 03610044
- Registered Address
- 1st Floor 2 Television Centre, 101 Wood Lane, London, England, W12 7FR
- Status
- Active
- Employee Count
- 260.0
- Turnover
- 81191000.0
- EBITDA
- 11553000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 August 1998
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- 0
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 39 | 70% | 17% | 13% | 55% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 47 | 60% | 25% | 15% | 63% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 50 | 61% | 21% | 17% | 63% |
| 01 Jan 2022 - 30 Jun 2022 | 05 Aug 2022 | 38 | 69% | 18% | 14% | 61% |
Company Summary
EPSILON INTERNATIONAL UK LTD is a leading provider of sustainable solutions in the United Kingdom
They offer a wide range of products and services that are designed to help businesses and individuals reduce their carbon footprint and promote a more environmentally friendly approach
The company has a strong sustainability program in place, with a focus on promoting sustainable practices and reducing the environmental impact of their operations
This includes implementing energy-efficient processes and using sustainable materials in their products
EPSILON INTERNATIONAL UK LTD offers a variety of products and services, including energy-efficient lighting solutions, solar panels, and sustainable building materials
They also provide consultancy services to help businesses and individuals adopt more sustainable practices
The key people at EPSILON INTERNATIONAL UK LTD include their managing director, who has over 20 years of experience in the sustainability industry, and their team of highly qualified engineers and consultants
For more information about their products and services, or to inquire about their sustainability program, interested parties can visit their website at www.epsiloninternational.co.uk
The company's registered office address is located at 10 New Square, Lincoln's Inn, London WC2A 3QG
EPSILON INTERNATIONAL UK LTD is committed to promoting sustainability and helping their clients make a positive impact on the environment
Company Review
Trend Analysis
The average time taken for EPSILON INTERNATIONAL UK LTD to pay invoices has decreased from 50 days in the period of Jul 2022 - Dec 2022 to 39 days in the period of Jul 2023 - Dec 2023, showing an improving trend. The percentage of invoices paid within 30 days has slightly increased from 61% in Jul 2022 - Dec 2022 to 70% in Jul 2023 - Dec 2023. However, the percentage of invoices paid between 31 and 60 days has decreased from 21% to 17% during the same period. The percentage of invoices paid later than 60 days has also decreased from 17% to 13%, showing an overall improvement in timely payment.
Volatility Analysis
The data for EPSILON INTERNATIONAL UK LTD shows a relatively stable trend with minor fluctuations in the percentage of invoices paid within 30 days and between 31 and 60 days. However, there is a significant decrease in the percentage of invoices paid later than 60 days in the period of Jul 2022 - Dec 2022 compared to the other periods, indicating a potential effort towards timely payment during that period.
Summary Analysis
The average time taken for EPSILON INTERNATIONAL UK LTD to pay invoices has improved from 50 days in Jul 2022 - Dec 2022 to 39 days in Jul 2023 - Dec 2023. There is also a slight increase in the percentage of invoices paid within 30 days during the same period. However, the percentage of invoices paid later than 60 days has decreased, indicating an overall improvement in timely payment.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The supplier shall invoice the Company at the invoicing address set out on the purchase order and the Company’s terms of payment shall be 60 days following receipt of a valid invoice quoting the correct purchase order and job numbers for Goods and/or Materials delivered and/or Services performed to the Company’s reasonable satisfaction. The Company may set off against any sums due to the supplier whether under contract or otherwise any lawful set-off, counterclaim to which the Company may at any time be entitled. Agencies are able to amend the standard payment terms for their business needs, within the Vendor Master Data File.
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
60
Dispute Resolution Process
Any disputes in respect of supplier payments are resolved by contacting the Accounts Payable Team via our automatic ticketing support service, RVIC at the following link https://www.resourcesvendoric.com. The Accounts Payable department will then assist further with query and if applicable this may be escalated to the legal team.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
