NSC GROUP PLC
Company Information
- Company Number
- 04108244
- Registered Address
- Level 7, Unit K, 201 Bishopsgate, London, United Kingdom, EC2M 3AB
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 15 November 2000
- Nature of Business
- 62090 - Other information technology service activities
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
NSC GROUP PLC demonstrates a strong trend for prompt payments, with an impressive average payment time of just 20 days. A substantial 67% of invoices are consistently settled within 30 days, and crucially, all payments are completed within 60 days. This indicates a consistent focus on timely settlements, even if a third of payments extend beyond the initial 30-day period.
Volatility Analysis
Despite the low average payment time, the 22% late payment rate introduces some volatility and reduces overall predictability for individual invoices. While 100% of payments are completed within 60 days, the fact that a third fall into the 31-60 day window suggests that promptness isn't entirely uniform. This indicates a moderate level of variability in payment timing, requiring suppliers to account for a percentage of potentially delayed settlements.
Summary Analysis
Overall, NSC GROUP PLC presents a generally favorable payment profile due to its low average payment time and 100% settlement within 60 days. Suppliers should weigh the high probability of payment within standard terms against the moderate risk presented by the 22% late payment rate, which affects predictability for specific invoices. To mitigate this, consider incorporating slightly longer payment terms or actively monitoring invoices approaching the 30-day mark to manage cash flow expectations effectively.
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 Nov 2023 - 30 Apr 2024 | 30 May 2024 | 20 | 67% | 33% | 0% | 22% |
| 01 May 2023 - 31 Oct 2023 | 30 Nov 2023 | 2 | 100% | 0% | 0% | 0% |
| 01 Nov 2022 - 30 Apr 2023 | 05 Jun 2023 | 20 | 83% | 0% | 17% | 0% |
| 01 May 2022 - 31 Oct 2022 | 30 Nov 2022 | 30 | 100% | 0% | 0% | 0% |
| 01 Nov 2021 - 30 Apr 2022 | 30 May 2022 | 0 | 0% | 0% | 0% | 0% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 30 | 0% | 0% | 100% | 0% |
| 01 Nov 2020 - 30 Apr 2021 | 30 May 2021 | 30 | 50% | 50% | 0% | 0% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 0 | 0% | 0% | 0% | 0% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 30 | 38% | 0% | 63% | 63% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 0 | 0% | 0% | 0% | 0% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 59 | 0% | 100% | 0% | 0% |
| 01 May 2018 - 31 Oct 2018 | 29 Nov 2018 | 46 | 33% | 67% | 0% | 49% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 54 | 50% | 0% | 50% | 50% |
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
Unless otherwise stated in a purchase order, payment shall be made to the supplier within 60 days of the end of the month in which NSC receives a valid invoice, provided that the goods and/or complete services are provided on time as agreed. Payment terms can be viewed at: https://nscglobal.com/en/terms-and-conditions/
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
90
Dispute Resolution Process
Purchase orders (POs) are provided to suppliers and suppliers are requested to provide invoices matching the PO. If value of works is to increase, the supplier has to obtain an increased PO value. If there is a dispute, the supplier resolves the issue with the project managers before payments are made.
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
NSC GROUP PLC is an active Public limited Company. The 'GROUP' in its name typically indicates a parent or holding company structure, often overseeing multiple subsidiaries or diverse business operations.
Registered under company number 04108244, NSC GROUP PLC was incorporated on 15 November 2000. Its registered office is located in London at Level 7, Unit K, 201 Bishopsgate, London, United Kingdom, EC2M 3AB.
As a Public limited Company with 'GROUP' in its designation, organisations of this type in the UK market commonly engage in holding investments, strategic management of subsidiary companies, or operating diverse business interests. They are structured to allow for public share ownership and access to capital markets, facilitating growth and expansion.
