Registration Number
OC323409
Registered Address
Unknown
Company Status
Unknown
Employee Count
548
Turnover
£170,513,000
EBITDA
£58,889,000
Website
www.occstrategy.com/en/Company Type
Unknown
Incorporated on
Unknown
Nature of Business (SIC)
Unknown
Industries
Management and strategy consultancy
Region
London£42,595,081
£54,534,643
Filed
28 Aug 2019
Period
01 Nov 2018 - 30 Apr 2019
Average Time to Pay
43 days
Payment Periods
Shortest
30 days
Longest
0 days
Max Contractual
30 days
Not Paid Within Terms
30%
| 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 Nov 2018 - 30 Apr 2019 | 28 Aug 2019 | 43 | 70% | 17% | 11% | 30% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 31 | 57% | 26% | 17% | 43% |
OC&C Strategy Consultants LLP is a leading global strategy consulting firm headquartered in London, UK
The company offers a wide range of services to clients in various industries, including consumer goods, retail, technology, and healthcare
The company's sustainability program is focused on reducing its environmental impact and promoting sustainable practices within its own operations and those of its clients
This includes reducing paper usage, promoting recycling and energy efficiency, and implementing sustainable supply chain practices
OC&C's products and services are tailored to meet the specific needs of each client
These include strategy development, market analysis, mergers and acquisitions, and operational improvement
The company also offers digital transformation and innovation services to help clients stay ahead in a constantly evolving business landscape
The key people at OC&C include its managing partners, James George and Peter Ward, who have extensive experience in the consulting industry
The company also has a team of highly skilled consultants who bring a wealth of knowledge and expertise to each project
To contact OC&C, interested parties can visit their website at www.occstrategy.com or email them at info@occstrategy.com
The company's registered office address is located at 1 New York Street, London, W1U 6JA, United Kingdom
In conclusion, OC&C Strategy Consultants LLP is a reputable and sustainable consulting firm that offers a wide range of services to help businesses thrive in today's competitive market
With a focus on sustainability and a team of experienced professionals, the company is well-positioned to continue its success in the industry
The average time taken for OC&C STRATEGY CONSULTANTS LLP to pay their invoices increased from 31 days in May 2017 to 43 days in April 2019. The percentage of invoices paid within 30 days also decreased from 57% to 70%, while the percentage of invoices paid later than 60 days increased from 17% to 11%. This suggests that the company may have been facing financial difficulties or inefficiencies in their payment process during this period.
There is a significant increase in volatility between the two periods, with a 12-day increase in the average time taken to pay invoices and a 13% decrease in the percentage of invoices paid within 30 days. This shows a significant change in the company's payment behavior within a relatively short period of time.
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Day payment unless otherwise agreed.
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
30
In the first instance, contact Accounts Payable department.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
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