NCC GROUP PLC

Company Information

Company Number
04627044
Registered Address
Xyz Building 2 Hardman Boulevard, Spinningfields, Manchester, England, M3 3AQ
Status
Active
Employee Count
2,201
Turnover
£429,500,000
EBITDA
£10,500,000

Additional Details

Company Type
Public limited Company
Incorporated On
2 January 2003
Nature of Business
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Data, Information Technology, Telecommunications And Data, Professional Services, Safety And Security, Telecommunications
Region
North West

Time to Pay

Average Time to Pay
49 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
15%
31-60 Days
69%
After 60 Days
16%
Not Paid Within Terms12%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-03-07
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jun 2018 - 30 Nov 201807 Mar 20194915%69%16%12%

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

Invoices will be paid by NCC Group at the end of the month following the month in which NCC Group receives the invoice. There have been no changes to the Group’s Standard payment terms in the reporting period.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

NCC Group: • is not currently a member of a payment code; • actively encourages our suppliers to provide us with an electronic invoice; • does not offer our suppliers supply chain finance; and, • does not charge our suppliers to remain on the Group’s supplier list.

Maximum contractual payment period agreed

60

Dispute Resolution Process

In the rare circumstances where disputes do arise, NCC Group will work, quickly, transparently and collaboratively with its supplier in order to establish facts surrounding the dispute and agree a fair resolution for both parties.

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.

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

NCC Group PLC is a cybersecurity and risk management company based in the United Kingdom. With over 2,000 employees, the company provides services to organizations globally, helping them to identify, assess, and manage their digital risks.

The company's sustainability program focuses on reducing its environmental impact by promoting sustainable practices, such as energy efficiency and waste reduction. NCC Group also supports local communities through charitable donations and employee volunteering initiatives.

NCC Group offers a wide range of products and services, including cyber security consulting, risk assessment, penetration testing, and incident response. They also provide training and certification programs to help organizations improve their cybersecurity capabilities.

The key people at NCC Group include CEO Adam Palser, who has over 25 years of experience in the technology industry, and CFO Tim Kowalski, who has extensive experience in financial management and operations.

The company's website address is https://www.nccgroup.com/ and their registered office address is The Observatory, Chapel Walks, Manchester, M2 1HL, United Kingdom. NCC Group can be contacted through their website or by phone at +44 (0)161 209 5432.

Financial Metrics

Cash
£34,100,000
Net Worth
-£88,500,000
Total Current Assets
£100,400,000
Total Current Liabilities
£111,100,000

Company Location