NSL LIMITED
Company Information
- Company Number
- 06033060
- Registered Address
- Rutland House 8th Floor, 148 Edmund Street, Birmingham, England, B3 2JR
- Status
- Active
- Employee Count
- 3,372
- Turnover
- £181,860,000
- EBITDA
- £20,467,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 December 2006
- Nature of Business
- 84110 - General public administration activities
- Industries
- Coming Soon
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for NSL LIMITED to pay invoices has increased from 27 days in June 2017 to 31 days in November 2018. The percentage of invoices paid within 30 days has decreased from 55% to 53% during this time period. Additionally, the percentage of invoices paid between 31 and 60 days has increased from 40% to 41%, while the percentage of invoices paid later than 60 days has remained steady at 6%.
Volatility Analysis
The volatility of NSL LIMITED's payment behavior can be seen in the changes in the percentage of invoices paid within 30 days, which has fluctuated between 53% and 55% over the three periods. The percentage of invoices paid later than 60 days has also varied slightly, but has remained relatively consistent at 6%.
Summary Analysis
Overall, NSL LIMITED has shown a slight increase in the average time taken to pay invoices over the past three periods. However, there has also been a decrease in the percentage of invoices paid within 30 days, which may indicate a potential issue with managing cash flow. The company has consistently paid the majority of their invoices within agreed terms, with the percentage of invoices paid later than 60 days remaining at a relatively low 6%.
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 Dec 2017 - 31 May 2018 | 22 Jun 2018 | 28 | 55% | 39% | 6% | 46% |
| 01 Jun 2017 - 30 Nov 2017 | 31 May 2018 | 27 | 55% | 40% | 5% | 44% |
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
The company has payment terms between 0 and 30 days.
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
NSL's Accounts Payable team offer support through to query resolution to all suppliers. The team can be contacted by email, letter or telephone.
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?
❌
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
NSL Limited is a UK-based company that specializes in providing sustainable solutions for transportation and infrastructure management. Founded in 2007, the company has established itself as a leading provider of services such as parking management, traffic enforcement, and passenger transport.
The company has a strong focus on sustainability, with a dedicated sustainability program in place to reduce their environmental impact. This includes initiatives such as using electric vehicles in their operations, implementing energy-efficient practices, and promoting green transportation options.
NSL Limited offers a wide range of products and services to both public and private sector clients. Their parking management services include on-street parking, car park management, and permit administration. They also provide traffic enforcement services, such as issuing parking tickets and managing traffic flow. In addition, the company offers passenger transport services, including bus and coach operations, airport transfers, and school transportation.
The key people at NSL Limited include CEO Adam Palamara, who has over 20 years of experience in the transportation industry, and Finance Director Andrew Price, who has a strong background in financial management. The company also has a team of dedicated professionals who are committed to delivering high-quality and sustainable solutions to their clients.
For more information on NSL Limited and their services, you can visit their website at www.nsl.co.uk. Their registered office address is 24 Nicholas Street, Chester CH1 2AU, United Kingdom. With a strong focus on sustainability and a range of innovative products and services, NSL Limited continues to be a leader in the transportation and infrastructure management industry.
