THE NORFOLK AND SUFFOLK COMMUNITY REHABILITATION COMPANY LIMITED
Company Information
- Company Number
- 08802548
- Registered Address
- One, Southampton Row, London, WC1B 5HA
- Status
- Active
- Employee Count
- 0
- Turnover
- £728,000
- EBITDA
- £733,000
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
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows that there has been a fluctuation in the average time taken for THE NORFOLK AND SUFFOLK COMMUNITY REHABILITATION COMPANY LIMITED to pay invoices to suppliers. The trend has been generally decreasing from 2017 to 2019, with a significant drop in 2019. However, there was a slight increase in the average time to pay in 2020, but it has since decreased again in 2021.
Volatility Analysis
There is moderate volatility in the percentage of invoices paid within 30 days, with a range of 14% to 79%. The percentage of invoices paid between 31 and 60 days has also shown moderate volatility, with a range of 16% to 27%. However, there is high volatility in the percentage of invoices paid later than 60 days, with a range of 3% to 18%.
Summary Analysis
From the data, it is clear that there has been a general decrease in the average time taken for THE NORFOLK AND SUFFOLK COMMUNITY REHABILITATION COMPANY LIMITED to pay invoices to suppliers. This trend was broken in 2020, where there was a slight increase in the average time to pay. However, it has since decreased again in 2021.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Sept 2020 - 28 Feb 2021 | 30 Mar 2021 | 19 | 79% | 18% | 3% | 3% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 23 | 73% | 21% | 6% | 12% |
| 01 Sept 2019 - 29 Feb 2020 | 31 Mar 2020 | 31 | 62% | 27% | 11% | 17% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 20 | 14% | 77% | 9% | 23% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 29 | 66% | 16% | 18% | 29% |
| 01 Mar 2018 - 31 Aug 2018 | 28 Sept 2018 | 28 | 68% | 21% | 11% | 26% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 26 | 63% | 27% | 9% | 33% |
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 Norfolk and Suffolk Community Rehabilitation Company Limited is a UK-based company that specializes in providing community rehabilitation services. They offer a range of programs and services aimed at promoting the rehabilitation and reintegration of individuals into society.
One of the key initiatives of the company is its sustainability program, which focuses on reducing their environmental impact and promoting sustainable practices within their operations. This includes implementing energy-efficient measures, reducing waste and promoting recycling, and using sustainable materials in their products and services.
The company offers a variety of products and services, including offender management programs, community payback schemes, and support for individuals with mental health issues. They also work closely with local authorities, charities, and other organizations to provide support and resources for their clients.
The key people involved in the Norfolk and Suffolk Community Rehabilitation Company Limited include their Board of Directors, executive team, and dedicated staff members. They are committed to providing high-quality services and making a positive impact in their communities.
For more information on the company and its services, individuals can visit their website at https://www.nscrc.co.uk/. The registered office address for the company is The Atrium, St George's Street, Norwich, Norfolk, NR3 1AB.
