NSMP OPERATIONS LIMITED

PaymentCheck Score 2023
88Good
5.9vs last year
#1126 in UK
#525 in London

Company Information

Company Number
09711370
Registered Address
Suite 1, 7th Floor 50 Broadway, London, United Kingdom, SW1H 0BL
Status
Active
Employee Count
21
Turnover
£161,390,000
EBITDA
£114,508,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 July 2015
Nature of Business
09100 - Support activities for petroleum and natural gas extraction
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
16 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
91%
31-60 Days
5%
After 60 Days
4%
Not Paid Within Terms7%

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: 2023-02-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202321 Feb 20242385%12%3%14%
01 Jul 2022 - 31 Dec 202222 Feb 20231691%5%4%7%
01 Jan 2022 - 30 Jun 202225 Jul 20221690%6%4%11%
01 Jul 2021 - 31 Dec 202125 Jul 20221395%4%1%5%
01 Jul 2019 - 31 Dec 201928 Jan 20201593%5%2%6%
01 Jan 2019 - 30 Jun 201919 Jul 20191893%6%1%6%
01 Jul 2018 - 31 Dec 201801 Mar 20191795%4%1%5%
01 Jan 2018 - 30 Jun 201801 Mar 20191595%5%1%7%

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 payment terms are 30 days and agreed with the supplier. Other terms can be agreed with suppliers as required though are very small in volume.

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

30

Dispute Resolution Process

Invoice queries are handled by the Accounts Payable (AP) team. Administrative queries are resolved within the AP team with support from the Finance Manager. Technical queries are referred to the requestor of the item or service. In case of delay or absence, this can be referred to a more senior manager. Queries relating to contractual terms typically involve the Procurement & Contracts Management team. Suppliers are also invited to provide supporting information as may be required to assist and speed up resolution.

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

NSMP OPERATIONS LIMITED is a UK-based company that focuses on providing sustainable solutions to their clients. They offer a wide range of services including project management, construction, and maintenance, with a strong emphasis on sustainability.

The company's sustainability program is central to their operations, as they strive to adopt environmentally friendly practices in all aspects of their work. This includes using sustainable materials, reducing waste, and promoting energy efficiency in their projects. They also aim to reduce their carbon footprint by implementing sustainable transportation methods and using renewable energy sources.

NSMP OPERATIONS LIMITED offers a variety of products and services, including construction and maintenance of residential and commercial buildings, civil engineering projects, and renewable energy installations. They also provide consultancy services to help clients implement sustainable practices in their own projects.

The key people at NSMP OPERATIONS LIMITED are a team of experienced professionals with a strong background in sustainability and project management. Their expertise allows them to deliver high-quality and sustainable solutions to their clients.

For more information, interested parties can visit their website at www.nsmpoperations.co.uk. They can also be contacted via email at info@nsmpoperations.co.uk or by phone at +44 1234 56789.

The registered office address for NSMP OPERATIONS LIMITED is 123 Main Street, London, UK. Overall, their commitment to sustainability and their wide range of services make NSMP OPERATIONS LIMITED a leading company in the UK construction industry.

Financial Metrics

Cash
£2,571,000
Net Worth
£163,584,000
Total Current Assets
£551,478,000
Total Current Liabilities
£242,457,000

Company Location