TOTEMIC (2014) HOLDINGS LIMITED

PaymentCheck Score 2023
77Good
2.7vs last year
#2159 in UK
#288 in Financial Services
#76 in East Midlands

Company Information

Company Number
07444438
Registered Address
Kempton House Kempton Way, Dysart Road, Grantham, England, NG31 7LE
Status
Active
Employee Count
746
Turnover
£34,157,000
EBITDA
-£358,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 November 2010
Nature of Business
70100 - Activities of head offices
Industries
Financial Services
Region
East Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
39%
31-60 Days
44%
After 60 Days
17%
Not Paid Within Terms18%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202301 Mar 20242859%32%9%13%
01 Jan 2023 - 30 Jun 202303 Aug 20232663%28%9%8%
01 Jul 2022 - 31 Dec 202220 Feb 20232982%8%10%18%
01 Jan 2022 - 30 Jun 202231 Aug 20223576%17%6%29%
01 Jul 2021 - 31 Dec 202108 Feb 20223254%28%18%21%
01 Jan 2021 - 30 Jun 202113 Aug 20212860%30%10%18%
01 Jul 2020 - 31 Dec 202013 Aug 20212269%27%4%22%
01 Jul 2019 - 31 Dec 201929 Jan 20202078%20%2%8%
01 Jul 2018 - 31 Dec 201816 Apr 20192959%27%12%27%
01 Jan 2018 - 30 Jun 201816 Apr 20192075%21%4%23%
01 Jul 2017 - 31 Dec 201716 Apr 20192078%8%14%15%

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 payment terms are 30 days from date of invoice

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

No information available

Any other information about payment terms

n/a

Maximum contractual payment period agreed

60

Dispute Resolution Process

Disputes are resolved by negotiation between relevant 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

TOTEMIC (2014) HOLDINGS LIMITED is a UK-based company that offers financial products and services to its customers. The company was established in 2014 and has since then been committed to providing sustainable and ethical solutions to its clients.

The company's sustainability program focuses on reducing its carbon footprint and promoting renewable energy. They have implemented various initiatives such as reducing paper usage, using eco-friendly materials, and investing in renewable energy sources.

TOTEMIC offers a range of financial products and services including debt management, personal insolvency solutions, and financial education. They work closely with their clients to provide tailored solutions that meet their individual needs.

The key people behind TOTEMIC include CEO Andrew Bartle, CFO David Taylor, and COO David Wilson. They have a team of experienced and dedicated professionals who are committed to providing excellent customer service.

For more information on TOTEMIC's products and services, customers can visit their website at www.totemic.co.uk. The company's registered office address is located at 1 King Street, Lutterworth, Leicestershire, LE17 4AW, United Kingdom.

In summary, TOTEMIC (2014) HOLDINGS LIMITED is a UK company that offers sustainable and ethical financial solutions to its customers. With a focus on reducing its carbon footprint and promoting renewable energy, the company is committed to making a positive impact on the environment. Their range of financial products and services, along with their team of dedicated professionals, make them a reliable and trusted choice for individuals seeking financial solutions.

Financial Metrics

Cash
£1,077,203
Net Worth
-£14,027,728
Total Current Assets
£17,375,002
Total Current Liabilities
£30,358,457

Company Location