ACENDEN LIMITED
Company Information
- Company Number
- 05381786
- Registered Address
- 1 Chamberlain Square Cs, Birmingham, United Kingdom, B3 3AX
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 3 March 2005
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified66190 - Activities auxiliary to financial intermediation not elsewhere classified
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
ACENDEN LIMITED demonstrates a strong trend of prompt payments, with an average payment time of just 17 days. A significant 90% of invoices are settled within 30 days, indicating consistent adherence to favorable payment terms. This trajectory suggests a reliable and efficient payment process for the majority of transactions.
Volatility Analysis
Despite the strong overall performance, 10% of payments fall outside the 30-day window, including 8% between 31-60 days and 2% exceeding 60 days. This introduces a moderate level of volatility, meaning while most payments are reliable, a small percentage can be significantly delayed. Suppliers should be aware of this predictability gap when forecasting cash flow.
Summary Analysis
Overall, ACENDEN LIMITED presents a low payment risk profile, primarily due to their rapid average payment time and high percentage of on-time payments. Key decision factors for suppliers include their capacity to absorb potential delays for a small portion of invoices. To mitigate risk, suppliers should establish clear payment terms and consider proactive follow-ups for invoices approaching the 30-day mark.
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 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 16 | 94% | 4% | 2% | 5% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 17 | 90% | 8% | 2% | 10% |
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
Standard terms 30 days from invoice date
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 Process
Disputes will be dealt with by the Accounts Payable function, Procurement function or Business Relationship Manager for the specific supplier.
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.
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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?
❌
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
ACENDEN LIMITED is an active Private limited Company, operating as a distinct legal entity within the United Kingdom. This company structure enables it to engage in commercial activities.
The company was incorporated on 3 March 2005 and is identified by company number 05381786. Its registered office is located at 1 Chamberlain Square Cs, Birmingham, United Kingdom, B3 3AX.
Private limited companies in the UK are versatile business organisations established to undertake a broad spectrum of commercial activities. These entities commonly provide a diverse range of services and products across numerous industry sectors.
