Score of 93.1/100 qualifies for PaymentCheck Certification
| 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 Sept 2024 - 28 Feb 2025 | 03 Apr 2025 | 23 | 96% | 3% | 1% | 10% |
| 01 Mar 2023 - 31 Aug 2023 | 22 Jan 2024 | 25 | 92% | 5% | 3% | 12% |
| 01 Sept 2022 - 28 Feb 2023 | 22 Jan 2024 | 24 | 86% | 11% | 3% | 8% |
| 01 Mar 2022 - 31 Aug 2022 | 13 Oct 2022 | 25 | 91% | 6% | 3% | 6% |
| 01 Sept 2021 - 28 Feb 2022 | 23 Aug 2022 | 25 | 91% | 6% | 3% | 6% |
| 01 Mar 2021 - 31 Aug 2021 | 22 Nov 2021 | 25 | 91% | 6% | 3% | 11% |
| 01 Sept 2020 - 28 Feb 2021 | 26 May 2021 | 20 | 89% | 8% | 3% | 14% |
| 01 Mar 2020 - 31 Aug 2020 | 23 Dec 2020 | 24 | 82% | 14% | 4% | 45% |
| 01 Sept 2019 - 29 Feb 2020 | 23 Dec 2020 | 26 | 74% | 21% | 5% | 50% |
| 01 Mar 2019 - 31 Aug 2019 | 25 Oct 2019 | 28 | 71% | 22% | 7% | 57% |
| 01 Sept 2018 - 28 Feb 2019 | 25 Oct 2019 | 32 | 66% | 22% | 12% | 60% |
| 01 Mar 2018 - 31 Aug 2018 | 19 Feb 2019 | 13 | 94% | 5% | 1% | 5% |
| 01 Sept 2017 - 28 Feb 2018 | 19 Feb 2019 | 9 | 96% | 3% | 1% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 30 days. To process payment quickly and in accordance with the PPC, it is important that invoices are submitted validly. This means that the invoice: • Is delivered on time in accordance with the contract • Is for the correct sum • Is in respect of goods or services supplied/delivered to the required quality • Includes the date, supplier name, contact details, bank details and Purchase Order number as applicable • Is emailed to accounts@newtonimpact.com. It is the supplier’s responsibility to provide the correct information to facilitate payment. Once received, valid invoices will be entered into our accounts management system as soon as possible.
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 If an invoice has been disputed by the approving manager they are asked to provide a reason for the dispute and are asked for a status update each week to ascertain if the invoice can be approved or if a new invoice will be issued. The approving manager is asked to contact the relevant supplier to resolve the dispute. If you believe a dispute is not being resolved in a timely manner, please contact accounts@newtonimpact.com Prompt notification of late payment If the invoice is overdue for payment, Please email accounts@newtonimpact.com where our accounts team will assist you in your query, and where possible provide a payment date.
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
Newton Europe Limited is a management consultancy firm based in Oxford, United Kingdom. Established in 2001, the company provides a wide range of consulting services to clients across various industries, including manufacturing, healthcare, and energy.
The company's sustainability program is focused on reducing environmental impact, promoting social responsibility, and ensuring ethical business practices. This includes implementing sustainable strategies for clients and continuously monitoring and improving their own operations to minimize their carbon footprint.
Newton Europe Limited offers a variety of products and services, including process optimization, supply chain management, and cost reduction strategies. They also provide training and development programs for their clients' employees, helping them to improve their skills and knowledge.
The company's key people include founder and Chairman, Mark Thomas, and CEO, Julian Watts, who have a combined experience of over 50 years in the industry. They lead a team of experienced consultants who work closely with clients to deliver high-quality, tailored solutions.
Their website address is www.newtoneurope.com, where interested parties can find more information about the company, their services, and case studies of successful projects. The registered office address is St. Aldates Court, 66 St. Aldates, Oxford, OX1 1JD, United Kingdom.
In summary, Newton Europe Limited is a leading management consultancy firm in the UK, with a strong focus on sustainability and providing innovative solutions to their clients. Their experienced team, diverse range of services, and commitment to ethical and responsible business practices make them a trusted partner for businesses looking to improve their operations.