JOHNSTONE SAFETY INTERNATIONAL LLP

PaymentCheck Score 2020
79Good
New Entry
#1650 in UK
#79 in South West

Company Information

Company Number
OC310655
Registered Address
4th Floor St James House, St. James Square, Cheltenham, England, GL50 3PR
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Limited liability partnership
Incorporated On
17 December 2004
Industries
Coming Soon
Region
South West

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
64%
31-60 Days
34%
After 60 Days
2%
Not Paid Within Terms3%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

JOHNSTONE SAFETY INTERNATIONAL LLP demonstrates a strong payment trend, with an average payment time of 27 days. A significant majority of invoices (64%) are settled within 30 days, indicating a consistent tendency towards prompt payment. While 34% of payments fall into the 31-60 day bracket, this reflects a predictable distribution rather than a deteriorating trend.

Volatility Analysis

Payment reliability is generally high, with only 3% of payments officially categorized as late and a minimal 2% extending beyond 60 days from the invoice date. The distribution, with 64% within 30 days and 34% between 31-60 days, suggests a fairly predictable payment pattern, though not entirely immediate. Suppliers should account for a moderate proportion of payments arriving within the 31-60 day window, which introduces some minor cash flow variability.

Summary Analysis

JOHNSTONE SAFETY INTERNATIONAL LLP presents a low payment risk profile, primarily due to their low overall late payment rate and average payment time well within 30 days. Suppliers can generally expect timely payments, but should factor in that approximately one-third of invoices may extend into the 31-60 day period. It is recommended to establish clear payment terms and monitor invoices in the 31-60 day bracket to proactively manage cash flow expectations.

Performance Reports History

Reporting Period Filed: 2019-11-12
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2020 - 30 Sept 202006 Nov 20203068%26%6%10%
01 Apr 2019 - 30 Sept 201912 Nov 20192764%34%2%3%
01 Oct 2018 - 31 Mar 201901 May 20192970%25%5%13%
01 Apr 2018 - 30 Sept 201826 Oct 20183069%28%3%10%

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

30 days from date of invoice

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

60

Dispute Resolution Process

Contact Purchase Ledger on 01993 824000 or purchase.ledger@jsp.co.uk

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

JOHNSTONE SAFETY INTERNATIONAL LLP operates as an active limited liability partnership. Its name, 'JOHNSTONE SAFETY INTERNATIONAL', indicates a focus on safety within an international scope.

The organisation was incorporated on 17 December 2004, operating under company number OC310655. Its registered office is located at 4th Floor St James House, St. James Square, Cheltenham, England, GL50 3PR, placing its primary base in the South West region.

Limited liability partnerships in the UK typically provide a range of professional services. These commonly include areas such as accountancy, legal advice, management consultancy, or other specialised expert services where partners seek the benefit of limited personal liability.

Financial Metrics

Cash
£290,000
Net Worth
£5,400,000
Total Current Assets
£5,500,000
Total Current Liabilities
£753,000

Company Location