THE NORTHUMBRIA COMMUNITY REHABILITATION COMPANY LIMITED

PaymentCheck Score 2021
83Good
3.1vs last year
#1703 in UK
#785 in London

Company Information

Company Number
08802519
Registered Address
One, Southampton Row, London, WC1B 5HA
Status
Active
Employee Count
0
Turnover
£0
EBITDA
-£230,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 December 2013
Nature of Business
84230 - Justice and judicial activities
Industries
Coming Soon
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
74%
31-60 Days
24%
After 60 Days
2%
Not Paid Within Terms13%

Payment Features

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

Payment Score History

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

Company Review

Trend Analysis

Based on the data provided, there has been a slight increase in the average time taken for THE NORTHUMBRIA COMMUNITY REHABILITATION COMPANY LIMITED to pay invoices to suppliers over the past three periods. From 2017-2018 to 2018-2019, there was an increase of 2% in invoices paid later than 60 days, and from 2018-2019 to 2019-2020, there was an increase of 1% in invoices paid later than 60 days. However, in the most recent period (2020-2021), there was a decrease of 4% in invoices paid later than 60 days compared to the previous period.

Volatility Analysis

There is some volatility in the data for THE NORTHUMBRIA COMMUNITY REHABILITATION COMPANY LIMITED's payment patterns. In the period of 2017-2018, there was a relatively even distribution of invoices paid within 30 days, between 31-60 days, and later than 60 days. However, in the following period of 2018-2019, there was a significant increase in the percentage of invoices paid later than 60 days, with a decrease in invoices paid within 30 days and between 31-60 days. This trend continued in the next period of 2019-2020, with a further increase in invoices paid later than 60 days and a decrease in invoices paid within 30 days and between 31-60 days. However, in the most recent period of 2020-2021, there was a significant improvement, with a decrease in invoices paid later than 60 days and an increase in invoices paid within 30 days.

Performance Reports History

Reporting Period Filed: 2021-03-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2020 - 28 Feb 202130 Mar 20212574%24%2%13%
01 Mar 2020 - 31 Aug 202030 Sept 20202670%25%5%13%
01 Sept 2019 - 29 Feb 202031 Mar 20202568%26%6%19%
01 Mar 2019 - 31 Aug 201930 Sept 20192414%73%13%24%
01 Sept 2018 - 28 Feb 201929 Mar 20193647%28%25%41%
01 Mar 2018 - 31 Aug 201828 Sept 20183551%26%22%37%
01 Sept 2017 - 28 Feb 201829 Mar 20183458%22%20%41%

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 Sodexo Ltd payment terms for vendors across all business segments are 60 days from date of invoice and 30 days for SMEs

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

No

Any other information about payment terms

A process is in place for onboarding new suppliers whereby SMEs are identified and put on 30 days payment terms and all other suppliers are on 60 days payment terms

Maximum contractual payment period agreed

60

Dispute Resolution Process

Supplier payment issues that arise in the first instance are addressed by a dedicated Accounts Payable queries team within the Financial Shared Services centre. Depending on the issue, the Procurement team may be involved to resolve any disputes or issues. Sodexo ensures that the payment of its vendors and handling of queries has a high priority and has SLAs on response times. Over the last number of years we have invested in tools and technology to assist our vendor from our Shared Service Centre with OCR and supply management by providing alternative finance and ease of payment solutions.

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

The Northumbria Community Rehabilitation Company Limited (NCRC) is a private company that works in partnership with the Ministry of Justice to provide community rehabilitation services in the North East of England. The company was established in 2015 and is responsible for managing low and medium-risk offenders in the community, with the aim of reducing reoffending rates and promoting public safety.

One of NCRC's key focuses is sustainability, and the company has implemented various initiatives to reduce its environmental impact. They have introduced energy-efficient measures in their offices, use sustainably sourced materials, and encourage employees to use public transportation or carpool to reduce carbon emissions. NCRC also supports local community projects and charities, further demonstrating their commitment to sustainability.

NCRC offers a range of services to support offenders in their rehabilitation, including education, employment, housing, and mental health support. They work closely with local organizations and service providers to ensure that offenders have access to the resources they need to successfully re-integrate into society.

The company is led by a team of experienced professionals, including a managing director, a director of operations, and a director of finance and resources. They work closely with the Ministry of Justice and other partners to deliver effective community rehabilitation services.

For more information on NCRC's services and sustainability efforts, interested parties can visit their website at www.ncrc.co.uk. Their registered office is located in Newcastle upon Tyne, with additional offices in Sunderland and Middlesbrough.

Financial Metrics

Cash
£2,450,000
Net Worth
£2,339,000
Total Current Assets
£2,461,000
Total Current Liabilities
£122,000

Company Location