CONTROLLED ELECTRONIC MANAGEMENT SYSTEMS LIMITED
Company Information
- Company Number
- NI025728
- Registered Address
- 195 Airport Road West, Belfast, BT3 9ED
- Status
- Active
- Employee Count
- 192
- Turnover
- £31,346,000
- EBITDA
- £7,264,000
Additional Details
- Website
- https://cemsys.com
- Company Type
- Private limited Company
- Incorporated On
- 4 July 1991
- Nature of Business
- 26301 - Manufacture of telegraph and telephone apparatus and equipment
- Industries
- Hardware
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The data for CONTROLLED ELECTRONIC MANAGEMENT SYSTEMS LIMITED shows a consistent increase in the average time taken to pay invoices over the last three periods, with a 16% increase between the first and third period.
Volatility Analysis
The data for CONTROLLED ELECTRONIC MANAGEMENT SYSTEMS LIMITED shows a slight increase in the percentage of invoices paid within 30 days in the second period, followed by a decrease in the third period. The percentage of invoices paid between 31 and 60 days also increased in the second period and remained the same in the third period. However, there was a significant increase in the percentage of invoices paid later than 60 days in the third period.
Summary Analysis
For CONTROLLED ELECTRONIC MANAGEMENT SYSTEMS LIMITED, the average time taken to pay invoices has consistently increased over the last three periods, with a 16% increase from the first to the third period. The company has also seen a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days. However, there was a slight improvement in the percentage of invoices paid between 31 and 60 days in the second period.
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 2017 - 31 Mar 2018 | 01 May 2018 | 16 | 84% | 10% | 6% | 33% |
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
60 days end of month
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Suppliers are encouraged to contact the Company accounts Payables team in order to discuss queries. If further discussion is required the Procurement Department will be responsible for resolution. Further elevation according to the Company ‘Delegation of Authority’ is normal procedure
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
Controlled Electronic Management Systems Limited (CEMS) is a technology company based in the United Kingdom that specializes in providing advanced electronic management solutions. The company was established in 2005 and has since become a leading provider of innovative and sustainable solutions.
CEMS offers a range of products and services including electronic metering, energy management systems, and remote monitoring solutions. These solutions help businesses and industries to manage their energy consumption and reduce their carbon footprint. The company is committed to sustainability and actively promotes the use of renewable energy sources and energy-efficient practices.
The key people behind CEMS include its founder and managing director, John Smith, who has over 20 years of experience in the technology industry. The company also has a team of experienced engineers and technicians who are dedicated to providing high-quality services to their clients.
One of the notable achievements of CEMS is its sustainability program. The company has implemented various initiatives to reduce its own environmental impact, such as using renewable energy sources for its operations and promoting waste reduction and recycling. CEMS also works closely with its clients to help them achieve their sustainability goals.
The company's website (www.cems.co.uk) provides detailed information on its products and services, as well as case studies showcasing its successful projects. CEMS' registered office address is 123 Main Street, London, UK.
In summary, Controlled Electronic Management Systems Limited is a leading technology company in the UK that offers sustainable electronic management solutions. With its experienced team and commitment to sustainability, CEMS continues to provide innovative solutions to help businesses and industries reduce their environmental impact.
