AXELOS LIMITED

PaymentCheck Score 2022
47Poor
42.2vs last year
#4349 in UK
#1534 in London

Company Information

Company Number
08489114
Registered Address
192 Sloane Street, London, United Kingdom, SW1X 9QX
Status
Active
Employee Count
40
Turnover
£21,317,000
EBITDA
£17,491,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 April 2013
Nature of Business
77400 - Leasing of intellectual property and similar products, except copyright works
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
43 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
48%
31-60 Days
38%
After 60 Days
15%
Not Paid Within Terms53%

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: 2023-01-30
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 202229 Jul 20224231%59%10%69%
01 Jul 2021 - 31 Dec 202110 Mar 20222379%9%12%15%
01 Jan 2021 - 30 Jun 202130 Jul 2021897%3%0%1%
01 Jan 2019 - 30 Jun 201926 Jul 20192475%23%2%24%
01 Jan 2018 - 30 Jun 201826 Jul 20183369%25%6%22%

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

Supplier may reach out to their Business Partners, the Procurement Department or the Treasury Department. Disputes are then picked up and resolved by the appropriate Department, depending to their nature

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

AXELOS LIMITED is a UK-based global company that specializes in the development, management, and promotion of best practice methodologies for organizations. They are a joint venture between the UK government and Capita plc, a leading business process outsourcing and professional services company.

The company's main focus is on providing guidance and certification for project, program, and portfolio management, as well as IT service management. Their flagship products include PRINCE2® (Projects IN Controlled Environments), a widely-used project management methodology, and ITIL® (Information Technology Infrastructure Library), a framework for IT service management.

In addition to their products and services, AXELOS LIMITED has a strong commitment to sustainability. They have a sustainability program in place that focuses on reducing their environmental impact through measures such as reducing carbon emissions, promoting sustainable travel, and responsible waste management.

The key people at AXELOS LIMITED include the CEO, Abid Ismail, and the Chairman, Chris Bull. They also have a strong leadership team and a network of global partners who help deliver their products and services to clients worldwide.

For more information, their website address is www.axelos.com and their registered office address is 1st Floor, 9 Hatton Street, London, NW8 8PL, United Kingdom. With their focus on providing best practice methodologies and commitment to sustainability, AXELOS LIMITED continues to be a leading player in the global business community.

Financial Metrics

Cash
£780,235
Net Worth
-£70,106,161
Total Current Assets
£20,821,344
Total Current Liabilities
£7,747,906

Company Location