ITE EVENTS LIMITED

Company Information

Company Number
07925964
Registered Address
2 Kingdom Street, London, England, W2 6JG
Status
Active
Employee Count
54
Turnover
£48,981,000
EBITDA
-£2,774,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 January 2012
Nature of Business
82301 - Activities of exhibition and fair organisers
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
23 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
71%
31-60 Days
27%
After 60 Days
2%
Not Paid Within Terms62%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-06-07
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2018 - 31 Mar 201907 Jun 20192371%27%2%62%

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

30 Days

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

60

Dispute Resolution Process

The accounts payable mailbox contains an auto reply email setting out the timeframe within which a response can be expected (2 business days) as well as contact details for an urgent query. The auto reply also sets out a three tier escalation process for disputes, as well as answers to frequently asked questions.

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

ITE EVENTS LIMITED is a leading event management company based in London, UK. The company specializes in organizing exhibitions, conferences, and trade shows around the world.

Sustainability is at the core of ITE EVENTS LIMITED's operations. The company is committed to reducing its environmental impact and promoting sustainable practices in the events industry. They have implemented various initiatives such as paperless registration, using sustainable materials for event branding and working with local suppliers to reduce carbon footprint.

ITE EVENTS LIMITED offers a wide range of products and services to its clients. These include event planning, marketing, logistics, and on-site management. They also provide a platform for businesses to connect, network, and showcase their products and services through their events.

The company is led by a team of experienced and dedicated professionals, including CEO Mark Shashoua and CFO Andrew Beach. They work closely with a team of event managers, marketers, and operations staff to deliver successful events for their clients.

ITE EVENTS LIMITED can be contacted through their website www.ite-exhibitions.com or by email at info@ite-exhibitions.com. Their registered office address is 15th Floor, 105 - 109 Strand, London WC2R 0AA, United Kingdom.

In summary, ITE EVENTS LIMITED is a reputable event management company with a strong focus on sustainability. They offer a wide range of services to their clients and are led by a team of experienced professionals. Their commitment to sustainability sets them apart in the events industry and makes them a preferred choice for businesses looking to organize successful and eco-friendly events.

Financial Metrics

Cash
£1,690,000
Net Worth
-£8,965,000
Total Current Assets
£24,696,000
Total Current Liabilities
£40,440,000

Company Location