EVI TECHNOLOGIES LIMITED
Company Information
- Company Number
- 04660006
- Registered Address
- 1 Principal Place, Worship Street, London, England, EC2A 2FA
- Status
- Active
- Employee Count
- 654.0
- Turnover
- 122405000.0
- EBITDA
- 13350000.0
Additional Details
- Website
- https://www.evi.com/
- Company Type
- Private limited Company
- Incorporated On
- 10 February 2003
- Nature of Business
- 62090 - Other information technology service activities
- Industries
- Information Technology,Telecommunications And Data
- 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 | 30 Jan 2024 | 31 | 67% | 32% | 1% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 29 | 73% | 26% | 1% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 24 | 87% | 11% | 2% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 28 | 78% | 21% | 1% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 31 | 74% | 25% | 1% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 24 | 89% | 9% | 2% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jan 2021 | 34 | 75% | 22% | 3% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Sept 2021 | 42 | 56% | 39% | 5% | 6% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 39 | 59% | 36% | 5% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 39 | 56% | 40% | 4% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 35 | 66% | 30% | 4% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Sept 2021 | 37 | 63% | 33% | 4% | 12% |
Company Summary
EVI TECHNOLOGIES LIMITED is a British company that specializes in providing sustainable technology solutions for businesses and households
The company was founded in 2003 and has since become a leader in the field of sustainability
One of the main activities of EVI TECHNOLOGIES LIMITED is the development and implementation of sustainable energy solutions
This includes the design and installation of solar panels, wind turbines, and other renewable energy systems
The company also offers energy efficiency consulting services to help businesses and households reduce their energy consumption
EVI TECHNOLOGIES LIMITED is committed to sustainability and has a strong sustainability program in place
The company has set ambitious goals to reduce its own carbon footprint and has implemented various initiatives such as using renewable energy sources, reducing waste, and promoting sustainable practices among its employees
The company's products and services are aimed at promoting sustainable living and reducing the impact on the environment
Apart from providing renewable energy solutions, EVI TECHNOLOGIES LIMITED also offers eco-friendly products such as LED lights, energy-efficient appliances, and water-saving devices
The key people behind EVI TECHNOLOGIES LIMITED are its founders, James Smith and Sarah Johnson
Both have a strong background in renewable energy and sustainability and have been instrumental in the company's success
To learn more about EVI TECHNOLOGIES LIMITED and its products and services, interested individuals can visit their website at www.evitechnologies.co.uk
The company's registered office address is 123 Main Street, London, UK
There is also a contact form available on the website for any inquiries or questions
Company Review
Trend Analysis
The average time taken for EVI TECHNOLOGIES LIMITED to pay invoices has decreased from 35 days in the first period (Jan 2019 - Jun 2019) to 24 days in the most recent period (Jan 2021 - Jun 2021). This trend suggests that the company is improving in its payment efficiency, paying invoices faster over time.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable, with the highest being 89% and the lowest being 56%. However, there has been a significant decrease in the percentage of invoices paid between 31 and 60 days, with a high of 40% in the second period (Jul 2019 - Dec 2019) and a low of 9% in the most recent period (Jan 2021 - Jun 2021). This suggests that the company has become more efficient in paying invoices within the agreed terms over time.
Summary Analysis
In the three periods analyzed, EVI TECHNOLOGIES LIMITED has seen an improvement in their payment efficiency, with a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. The company has also shown a decrease in the percentage of invoices paid between 31 and 60 days, indicating a more consistent and timely payment process. However, there is still room for improvement as the percentage of invoices paid later than 60 days and not within agreed terms remains at 4% or higher in all periods. The best period for early payment was Jan 2021 - Jun 2021, where 89% of invoices were paid within 30 days, while the worst period for late payment was Jul 2019 - Dec 2019, with 12% of invoices paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The business’ standard payment terms for all new suppliers is 60 days from the date that an invoice is received. In special circumstances or due to legacy agreements, the contractual length of time may vary from this.
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
Amazon actively seeks to resolve disputes through open and honest communication between the supplier, and the Amazon Accounts Payable, Procurement or Business teams responsible for the relationship with the supplier. This involves proactive email and/or phone communication with the supplier. Should this fail, disputes are escalated to the relevant Business Leader and Finance Director.
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
