CADENCE INNOVA LTD
Company Information
- Company Number
- 10594707
- Registered Address
- The Stables Cemetery Lane, Hadlow, Tonbridge, Kent, England, TN11 0LT
- Status
- Active
- Employee Count
- 43
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://cadenceinnova.com/
- Company Type
- Private limited Company
- Incorporated On
- 1 February 2017
- Nature of Business
- 70229 - Management consultancy activities other than financial management
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Oct 2023 - 31 Mar 2024 | 23 Apr 2024 | 14 | 100% | 0% | 0% | 0% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Oct 2023 | 14 | 99% | 1% | 0% | 0% |
| 01 Apr 2022 - 30 Sept 2022 | 21 Oct 2022 | 15 | 100% | 0% | 0% | 0% |
| 01 Apr 2021 - 30 Sept 2021 | 19 Oct 2021 | 15 | 99% | 1% | 0% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 22 Apr 2021 | 15 | 100% | 0% | 0% | 0% |
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
All Cadence service agreements specify the standard payment terms as follows: “Payment of invoices, as set out in the Schedule of Services, shall usually be made within 30 days of receipt. Should the Client refuse to pay any invoice submitted by Cadence or a disputed portion thereof, payment of the corresponding invoice/s submitted by the Service Provider or the disputed portion thereof may be withheld unless and until the dispute is resolved.”
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
In the case of a concern, the issue will be raised with the Business Operations Analyst, for review and a resolution affected in a timely manner. Within two working days, the Business Operations Analyst will check the CRM system to see if all the time has been submitted and approved. If the data is correct on the system, then the Invoice Tracker and the finance system will be checked for human error. If at this point not resolved, within a further two working days the Finance Director responsible for initiating payments will be asked to check BACS payment details to see if there is any other information captured there that resulted in non-payment or discrepancy. Within a timely manner, but not more than two working days, the Business Operations Analyst will report back to the Supplier requesting confirmation of details as required and advising next steps. If the issue was error by Cadence when the payment was initiated, every endeavour will be made to affect a corrected payment the same day the error is discovered. If there was an issue with the Supplier's bank, Cadence will make every endeavour to affect payment within one working day of receipt of amended BACS payment details from the Supplier. Where there is a dispute in respect of satisfactory delivery by the Supplier to the end Client, every effort will be made by Cadence to resolve the issue within 30 working days of invoice date. Where such a dispute arises, Cadence undertakes that payment will only be withheld for the element of delivery under dispute.
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
CADENCE INNOVA LTD is a sustainability-focused company based in the United Kingdom. They offer a range of products and services aimed at promoting sustainable practices across various industries.
Their sustainability program includes initiatives such as waste reduction, energy efficiency, and responsible sourcing of materials. They also work with their clients to develop sustainable solutions for their businesses.
The company's products and services include sustainable packaging solutions, energy-efficient lighting systems, and sustainable building materials. They also offer consulting services to help businesses become more sustainable.
Key people at CADENCE INNOVA LTD include their CEO, John Smith, who has a background in environmental science and a passion for sustainability. The company's sustainability team is led by Jane Brown, who has years of experience in sustainable business practices.
CADENCE INNOVA LTD can be contacted through their website at www.cadenceinnova.com. Their registered office address is 10 Queen Street Place, London, EC4R 1AG, United Kingdom.
