Ranked in 4 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Aug 2020 - 31 Jan 2021 | 26 Feb 2021 | 26 | 60% | 33% | 8% | 7% |
| 01 Feb 2020 - 31 Jul 2020 | 01 Sept 2020 | 34 | 45% | 50% | 5% | 2% |
| 01 Aug 2019 - 31 Jan 2020 | 27 Feb 2020 | 30 | 76% | 22% | 2% | 2% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Aug 2019 | 26 | 79% | 18% | 3% | 2% |
| 01 Aug 2018 - 31 Jan 2019 | 22 Feb 2019 | 28 | 89% | 10% | 1% | 2% |
| 01 Feb 2018 - 31 Jul 2018 | 28 Aug 2018 | 28 | 65% | 34% | 1% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
NashTech utilise 30 days payment terms as standard.
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
All disputes are handled by our accounts payable department. After 72 hours escalations are referred to the Finance Director.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
NashTech Limited is registered in London and forms part of the NashTech group, a global IT consulting and technology services business. The group, headquartered in the UK with delivery centres across Europe, Asia and the Americas, provides custom software development, cloud engineering, technology advisory, application management and data and AI solutions. It works with clients across sectors including insurance, banking and finance, retail, logistics and education, helping them modernise legacy systems and pursue digital transformation. The group states it has operated for over two decades, growing from a specialist software provider into a multi-country technology partner with thousands of engineering staff. This entity represents the group's UK-registered presence rather than a separate standalone trading operation.
Generated from the company's website and Companies House records. Sources: nashtechglobal.com · nashtechglobal.com