PFPL PROJECTS (EPPING) LTD

PaymentCheck Score 2023
97Excellent
vs last year
#311 in UK
#2 in Sports
#145 in London

Company Information

Company Number
10599175
Registered Address
305 Gray's Inn Road, London, England, WC1X 8QR
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
3 February 2017
Nature of Business
93120 - Activities of sport clubs
Industries
Sports
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
100%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

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)

Company Review

Trend Analysis

PFPL PROJECTS (EPPING) LTD exhibits a highly favorable payment trend, consistently settling invoices with an average payment time of just 22 days. All payments are processed within 30 days, demonstrating a strong and reliable trajectory towards prompt settlement. This indicates a very positive and stable payment behavior over time.

Volatility Analysis

The company's payment profile shows exceptionally low volatility, with 0% of payments falling into the 31-60 day or over 60-day categories. This data confirms a highly predictable and reliable payment pattern, presenting minimal risk from unexpected delays. There are no identifiable volatility factors that suggest potential deviation from their consistent promptness.

Summary Analysis

PFPL PROJECTS (EPPING) LTD presents a very low payment risk profile for suppliers, characterized by consistent promptness and high reliability. Suppliers can confidently extend standard credit terms, considering them a highly dependable partner based on their exemplary payment history. No specific risk mitigation strategies beyond standard business practices appear necessary given their outstanding performance.

Performance Reports History

Reporting Period Filed: 2021-04-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2022 - 31 Mar 202328 Apr 202323100%0%0%0%
01 Oct 2020 - 31 Mar 202130 Apr 202122100%0%0%0%
01 Apr 2020 - 30 Sept 202029 Oct 202025100%0%0%0%
01 Apr 2019 - 30 Sept 201907 Oct 20192383%17%0%0%
01 Oct 2018 - 31 Mar 201930 Apr 20193667%24%9%1%
01 Apr 2018 - 30 Sept 201817 Oct 20183073%19%8%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

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

Disputes are resolved by the person or department who ordered the goods/services. General enquiries should be made to the central Accounts Payable team

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

PFPL PROJECTS (EPPING) LTD is an active private limited company. Its name suggests it specialises in undertaking or managing various projects.

The company was incorporated on 3 February 2017 under company number 10599175. Its registered office is located at 305 Gray's Inn Road, London, England, WC1X 8QR.

Companies with 'Projects' in their name typically engage in the planning, execution, and oversight of various undertakings for clients or for their own ventures. This can encompass project management consultancy, project delivery services, and the coordination of resources to achieve specific project objectives within the UK market.

Financial Metrics

Cash
£1,600
Net Worth
£100
Total Current Assets
£1,200,000

Company Location