VEOLIA ES NOTTINGHAMSHIRE LIMITED
Company Details
Registration Number
05584380
Registered Address
210 Pentonville Road London N1 9JY
Company Status
Active
Employee Count
141
Turnover
£42,236,000
EBITDA
£8,838,000
Additional Information
Company Type
Private limited Company
Incorporated on
5 October 2005
Nature of Business (SIC)
38110 - Collection of non-hazardous waste
38120 - Collection of hazardous waste
38210 - Treatment and disposal of non-hazardous waste
38220 - Treatment and disposal of hazardous waste
Industries
Waste management and recycling
Region
LondonCompany Location
Financial Overview
£4,000
£6,807,000
Last Reporting Period
Filed
19 Jul 2018
Period
01 Jan 2018 - 30 Jun 2018
Payment Timing
Average Time to Pay
34 days
Payment Periods
Shortest
60 days
Longest
0 days
Max Contractual
90 days
Payment Timeline
Not Paid Within Terms
49%
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 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 34 | 57% | 35% | 8% | 49% |
Company Summary
VEOLIA ES NOTTINGHAMSHIRE LIMITED is a waste management and environmental services company based in Nottinghamshire, UK
The company offers a range of sustainable solutions for managing waste and promoting a greener environment
Their sustainability program focuses on reducing waste, increasing recycling and promoting renewable energy sources
They work closely with local authorities and businesses to provide efficient and environmentally friendly waste management services
VEOLIA ES NOTTINGHAMSHIRE LIMITED also offers a variety of products and services, including waste collection and disposal, recycling, composting, and energy recovery
They also provide consulting services to help businesses reduce their environmental impact and improve sustainability
The key people at VEOLIA ES NOTTINGHAMSHIRE LIMITED include their Managing Director, Mr
John Abraham, and their Head of Sustainability, Ms
Rachel Maycock
They are committed to promoting sustainable practices and ensuring the company's operations are aligned with their sustainability goals
For more information on VEOLIA ES NOTTINGHAMSHIRE LIMITED and their services, you can visit their website at www.veolia.co.uk/nottinghamshire
Their registered office address is Veolia House, 154a Colwick Quays Business Park, Private Road No
2, Colwick, Nottingham, NG4 2BD, United Kingdom
Company Review
Trend Analysis
The average time to pay for VEOLIA ES NOTTINGHAMSHIRE LIMITED has decreased over the past three periods, from 34 days in 2018 to 26 days in 2019. This indicates a positive trend towards paying invoices earlier.
Volatility Analysis
The percentage of invoices paid within 30 days has increased from 57% in 2018 to 68% in 2019. This shows a decrease in volatility as the company has become more consistent in paying invoices within this time frame.
Summary Analysis
Between Jan 2018 and Jun 2019, VEOLIA ES NOTTINGHAMSHIRE LIMITED has shown a steady improvement in their payment process. The average time taken to pay invoices has decreased by 8 days, while the percentage of invoices paid within 30 days has increased by 11%. This indicates a positive trend towards paying invoices earlier and a decrease in volatility in payment times.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Our business standard payment terms for vendors dealing with Veolia UK companies are 45 days end of month from the receipt of the invoice (i.e. vendors are paid at the end of the month following a 45 day period from the date of receipt by Veolia of a valid invoice). However we do still have some legacy payment terms which are affecting our paid on time statistics.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Please see more information about Veolia’s payment terms in our Terms and Conditions which can be found by accessing the following link under the section Veolia Group - General Conditions of Supply (Conditions of Purchase): https://www.veolia.co.uk/supplier-information
Maximum contractual payment period agreed
90
Dispute Resolution Process
We work with our suppliers to ensure that disputes are resolved in a timely manner. If a supplier has a dispute they should call our Financial Shared Service Centre on 020 3567 2000 or email Accounts Payable on uk.veolia.waste-accountspayable.ext.groups@veolia.com. According to our Terms & Conditions, which are available on our website, the Supplier shall be entitled to charge interest on any undisputed overdue payments from the due date for payment until the date of payment at a rate of two per cent (2%) above the current bank rate per annum as published by the Bank of England.
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?
❌
