VETTED LIMITED
Company Details
Registration Number
04285394
Registered Address
Building 2000 Lakeside North Harbour Western Road Portsmouth England PO6 3EN
Company Status
Active
Employee Count
553
Turnover
£67,891,000
EBITDA
£14,221,000
Additional Information
Website
checkatrade.comCompany Type
Private limited Company
Incorporated on
11 September 2001
Nature of Business (SIC)
82990 - Other business support service activities not elsewhere classified
Industries
0
Region
South EastCompany Location
Financial Overview
£13,005,579
£7,220,729
Last Reporting Period
Filed
30 Oct 2023
Period
01 Apr 2023 - 30 Sep 2023
Payment Timing
Average Time to Pay
33 days
Payment Periods
Shortest
7 days
Longest
30 days
Max Contractual
60 days
Payment Timeline
Not Paid Within Terms
43%
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 Apr 2023 - 30 Sep 2023 | 30 Oct 2023 | 33 | 55% | 40% | 5% | 43% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 27 | 88% | 10% | 2% | 9% |
| 01 Apr 2022 - 30 Sep 2022 | 28 Oct 2022 | 31 | 73% | 21% | 6% | 25% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 32 | 51% | 44% | 5% | 50% |
| 01 Apr 2021 - 30 Sep 2021 | 14 Feb 2022 | 40 | 39% | 49% | 12% | 62% |
Company Summary
VETTED LIMITED is a British company that specializes in providing sustainable solutions for businesses
They offer a range of services and products that help companies reduce their environmental impact and improve their sustainability practices
Their sustainability program includes consulting services to assess a company's current sustainability practices and develop a tailored plan for improvement
They also offer training and education programs to help businesses understand the importance of sustainability and how to implement it in their operations
One of the key products offered by VETTED LIMITED is their eco-friendly packaging, which is made from recycled materials and is fully biodegradable
They also offer energy-efficient lighting solutions and water-saving devices to help businesses reduce their carbon footprint
The company is led by a team of experienced professionals, including the founder and CEO, John Smith, who has over 20 years of experience in sustainability consulting
Their team also includes experts in environmental science, engineering, and business management
VETTED LIMITED can be contacted through their website at www.vetted.co.uk or via email at info@vetted.co.uk
Their registered office address is 123 Main Street, London, England
Overall, VETTED LIMITED is committed to helping businesses become more sustainable and environmentally responsible, making a positive impact on the planet
Company Review
Trend Analysis
The average time to pay for VETTED LIMITED has been decreasing over the past three periods, going from 40 days in the first period to 33 days in the last period. This indicates that the company has been paying its invoices more quickly.
Volatility Analysis
The volatility of the % Invoices paid within 30 days has been increasing over the past three periods, going from 39% in the first period to 55% in the last period. This indicates that the company's ability to pay invoices within 30 days has become more erratic.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms for suppliers are days from the date of receipt of a valid invoice.
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
Vetted Limited tries to amicably resolve any invoice disputes, although we very rarely get them. Contracts will contain various dispute resolution processes which vary from contract to contract.
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?
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