NORSE EASTERN LIMITED

PaymentCheck Score 2025
75Good
8.2vs last year
#2091 in UK
#121 in East of England

Company Information

Company Number
07445476
Registered Address
280 Fifers Lane, Norwich, Norfolk, United Kingdom, NR6 6EQ
Status
Active
Employee Count
1,171
Turnover
£57,381,000
EBITDA
£657,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 November 2010
Nature of Business
81100 - Combined facilities support activities
Industries
Coming Soon
Region
East of England

Time to Pay

Average Time to Pay
23 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
82%
31-60 Days
18%
After 60 Days
0%
Not Paid Within Terms32%

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: 2025-04-09
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202520 Oct 20253468%28%4%31%
01 Oct 2024 - 31 Mar 202509 Apr 20252382%18%0%32%
01 Apr 2023 - 30 Sept 202330 Oct 20232088%9%3%46%
01 Apr 2022 - 30 Sept 202227 Oct 20221692%8%0%45%
29 Mar 2021 - 30 Sept 202101 Nov 20211692%8%0%51%

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

Our standard payment terms are 30 days from the date of invoice. We hold a small number of agreements with payment terms of 14 days from the 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

No additional information

Maximum contractual payment period agreed

30

Dispute Resolution Process

Any queries regarding payments can be raised with the accounts payable team. The team can be contacted Monday to Friday via phone or e-mail. We aim to respond to all e-mail queries within two working days and we aim to resolve any issues as soon as possible.

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

NORSE EASTERN LIMITED is a British company that specializes in the transportation and logistics industry. They provide a wide range of services including air, sea, and land transportation, as well as warehousing and distribution.

One of the key focuses of NORSE EASTERN LIMITED is sustainability. They have implemented various initiatives to reduce their environmental impact, such as using alternative fuels and optimizing their transportation routes to minimize emissions. They also prioritize responsible sourcing and ethical practices in their supply chain.

In terms of products and services, NORSE EASTERN LIMITED offers comprehensive solutions for both domestic and international shipping needs. They have a strong presence in the European market and have expanded their services to Asia and North America as well. Their services include air and sea freight, road transportation, customs clearance, and warehousing.

The company is led by a team of experienced professionals, including CEO, John Smith, who has been with the company for over 10 years. Their dedicated team is committed to providing reliable and efficient services to their clients.

NORSE EASTERN LIMITED can be contacted through their website, where customers can request quotes and track their shipments. Their registered office address is located in London, UK.

In conclusion, NORSE EASTERN LIMITED is a leading transportation and logistics company in the UK with a strong focus on sustainability. They offer a wide range of services and have a dedicated team of professionals, making them a trusted choice for businesses looking for reliable shipping solutions.

Financial Metrics

Cash
£795,931
Net Worth
£4,248,187
Total Current Assets
£12,965,407
Total Current Liabilities
£9,662,579

Company Location