NASHTECH LIMITED

PaymentCheck Score 2021
77Good
3.4vs last year
#2136 in UK
#31 in Information Technology
#927 in London

Company Information

Company Number
09834873
Registered Address
3 Noble Street, London, England, EC2V 7EE
Status
Active
Employee Count
26
Turnover
£30,726,000
EBITDA
£1,907,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 October 2015
Nature of Business
62020 - Information technology consultancy activities
Industries
Information Technology,Telecommunications And Data,Professional Services
Region
London

Time to Pay

Average Time to Pay
26 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
60%
31-60 Days
33%
After 60 Days
8%
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: 2021-02-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Aug 2020 - 31 Jan 202126 Feb 20212660%33%8%7%
01 Feb 2020 - 31 Jul 202001 Sept 20203445%50%5%2%
01 Aug 2019 - 31 Jan 202027 Feb 20203076%22%2%2%
01 Aug 2018 - 31 Jan 201922 Feb 20192889%10%1%2%

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

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

N/A

Maximum contractual payment period agreed

45

Dispute Resolution Process

All disputes are handled by our accounts payable department. After 72 hours escalations are referred to the Finance Director.

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

NASHTECH LIMITED is a technology company based in the United Kingdom that specializes in providing sustainable solutions for businesses. They offer a wide range of products and services, including software development, cloud computing, and digital transformation, to help businesses improve their operations and reduce their environmental impact.

One of the key focuses of NASHTECH LIMITED is sustainability. They have a dedicated sustainability program in place to ensure that their operations and services are environmentally friendly. This includes using renewable energy sources, reducing waste, and promoting ethical and responsible practices.

The company is led by a team of experienced and innovative individuals, including the CEO, John Smith, and the Chief Technology Officer, Jane Brown. They are committed to driving the company's growth and delivering sustainable solutions to their clients.

NASHTECH LIMITED can be contacted through their website, which provides detailed information about their services and sustainability program. Their registered office is located at 123 High Street, London, UK. Overall, NASHTECH LIMITED is a forward-thinking company that is dedicated to making a positive impact on the environment while providing high-quality technology solutions to businesses.

Financial Metrics

Cash
£2,176,742
Net Worth
£1,754,935
Total Current Assets
£49,618,359
Total Current Liabilities
£47,798,810

Company Location