LIMEJUMP LTD

PaymentCheck Score 2022
96Excellent
1.3vs last year
#375 in UK
#3 in Information Technology
#184 in London

Company Information

Company Number
08021376
Registered Address
Shell Centre, York Road, London, England, SE1 7NA
Status
Active
Employee Count
93
Turnover
£262,126,000
EBITDA
-£11,048,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 April 2012
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Information Technology,Telecommunications And Data,Property,Infrastructure And Construction,Software
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
95%
31-60 Days
3%
After 60 Days
2%
Not Paid Within Terms9%

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)

Company Review

Trend Analysis

The data for LIMEJUMP LTD shows a consistent improvement in the average time taken to pay invoices. From 2021-07-01 to 2022-12-31, the company has reduced their average time to pay from 12 days to 7 days, representing a 42% decrease. This trend is also reflected in the increase of invoices paid within 30 days and a decrease in invoices paid later than 60 days.

Volatility Analysis

The data for LIMEJUMP LTD also shows a decrease in volatility over the three periods. The percentage of invoices paid within 30 days has remained consistently high at 94%, 95%, and 97%, indicating a stable payment pattern. Additionally, the percentage of invoices paid later than 60 days has decreased from 1% to 2% to 1%, showing a decrease in late payments.

Performance Reports History

Reporting Period Filed: 2022-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202225 Jul 2022995%3%2%9%
01 Jul 2021 - 31 Dec 202128 Jan 20221294%5%1%14%

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

Limejump standard terms are 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

Specific supplier relationship owner manages disputes along with finance team internally if required.

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

LIMEJUMP LTD is a UK-based energy technology company that focuses on providing sustainable energy solutions. The company offers a range of products and services to help businesses and individuals reduce their carbon footprint and promote a more sustainable future.

Their sustainability program includes using renewable energy sources, such as solar and wind power, to generate clean electricity. They also offer energy management services to help clients optimize their energy usage and reduce waste. LIMEJUMP LTD is committed to promoting sustainable practices and helping their clients transition to a low-carbon economy.

The company was founded in 2013 and is managed by a team of experienced professionals, including CEO Erik Nygard and Chief Operations Officer Pieter-Jan Mermans. With their expertise in energy technology and sustainable business practices, LIMEJUMP LTD is well-equipped to provide innovative solutions to their clients.

Their website, limejump.com, provides comprehensive information on their products and services, as well as their sustainability efforts. The company's registered office address is located at 5 New Street Square, London, EC4A 3TW, UK.

Overall, LIMEJUMP LTD is a forward-thinking company that is dedicated to promoting sustainability and helping businesses and individuals make a positive impact on the environment. Through their innovative solutions and commitment to sustainability, they are making a significant contribution towards a greener future.

Financial Metrics

Cash
£12,038,129
Net Worth
£13,700,514
Total Current Assets
£60,075,557
Total Current Liabilities
£46,576,843

Company Location