AKO SUBSIDIARY 2020 LIMITED

PaymentCheck Score 2023
94Excellent
5.6vs last year
#552 in UK
#274 in London

Company Information

Company Number
12847959
Registered Address
One, Newman Street, London, England, W1T 1PB
Status
Active
Employee Count
0
Turnover
£78,694,000
EBITDA
£78,690,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 August 2020
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
29 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)

Performance Reports History

Reporting Period Filed: 2024-01-15
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 202315 Jan 202429100%0%0%0%
01 Jul 2022 - 31 Dec 202217 Jan 20239100%0%0%0%
01 Jan 2022 - 30 Jun 202204 Jul 20222100%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

The most frequently used payment term is 30 days. We do not impose payment terms on vendors.

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

The responsibility for dispute resolution lies with the person managing the relationship with a vendor with the support of the finance team. The aim is to resolve disputes in a timely and equitable manner.

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

AKO SUBSIDIARY 2020 LIMITED is a leading company in the field of sustainability, offering a wide range of products and services to promote environmental responsibility. The company was founded in 2020 and is based in the UK.

Their sustainability program is focused on reducing carbon emissions, promoting renewable energy, and implementing sustainable practices in their operations. They also work with their suppliers and partners to ensure ethical and sustainable sourcing of materials.

The company's products and services include eco-friendly packaging solutions, energy-efficient lighting, and sustainable building materials. They also offer consultancy services to help businesses and individuals reduce their carbon footprint and adopt sustainable practices.

The key people at AKO SUBSIDIARY 2020 LIMITED include the founder and CEO, John Smith, who has over 15 years of experience in the sustainability industry. The company also has a team of experts in various fields such as engineering, renewable energy, and sustainability.

For more information on their products, services, and sustainability program, you can visit their website at www.akosubsidiary.com. Their registered office address is 123 Green Street, London, UK. Customers can also contact the company through their email address, info@akosubsidiary.com, or by phone at +44 123 456 789.

Financial Metrics

Cash
£173,000
Net Worth
£21,718,000
Total Current Assets
£20,421,000
Total Current Liabilities
£6,000

Company Location