ISLAND RESEARCH LLP
Company Information
- Company Number
- OC343223
- Registered Address
- 5th Floor Whittington House 19-30 Alfred Place, Bloomsbury, London, WC1E 7EA
- Status
- Active
- Employee Count
- 19
- Turnover
- £619,752,000
- EBITDA
- £86,153,000
Additional Details
- Website
- https://bigisland.org.uk
- Company Type
- Limited liability partnership
- Incorporated On
- 10 February 2009
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
There is a general trend of improvement in the average time taken to pay invoices for ISLAND RESEARCH LLP. From 2018 to 2020, the average time taken to pay decreased from 18 days to 11 days. However, in the last two periods (2022-2023), there has been an increase in the average time taken to pay, reaching 27 days in 2022-2023.
Volatility Analysis
The volatility of the average time to pay for ISLAND RESEARCH LLP has been relatively low, with only a few periods showing significant changes. The biggest change occurred from 2018-2019, where there was a 12% decrease in the average time taken to pay. The other significant change occurred in 2022-2023, where there was a 59% increase in the average time taken to pay.
Summary Analysis
In the last three periods (2022-2023), there has been a decrease in the percentage of invoices paid within 30 days, with a corresponding increase in the percentage of invoices paid between 31-60 days. However, these percentages are still relatively high, with 57% and 43% of invoices being paid within the agreed terms in 2022-2023. In contrast, the previous three periods (2019-2021) had a 100% rate of invoices being paid within 30 days. The shortest (or only) standard payment period for ISLAND RESEARCH LLP has remained consistent at 7 days throughout all periods.
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 2023 - 31 Mar 2024 | 30 Apr 2024 | 28 | 57% | 43% | 0% | 0% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 14 | 100% | 0% | 0% | 0% |
| 01 Jan 2023 - 31 Mar 2023 | 04 Jul 2023 | 12 | 100% | 0% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 27 | 57% | 43% | 0% | 0% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 16 | 100% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 11 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 15 | 100% | 0% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 10 | 100% | 0% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 11 | 100% | 0% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 11 Feb 2020 | 28 | 75% | 25% | 0% | 25% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 16 | 90% | 10% | 0% | 10% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 14 | 89% | 11% | 0% | 11% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 18 | 83% | 17% | 0% | 6% |
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
Under Island Research LLP’s standard contractual terms we commit to the payment of all undisputed sums properly due to third party suppliers within 30 days of receipt of a valid invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Invoices should be forwarded to billing@gresearch.co.uk
Maximum contractual payment period agreed
45
Dispute Resolution Process
Disputes relating to supplier invoices should be communicated to billing-queries@gresearch.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.
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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.
❌
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
ISLAND RESEARCH LLP is a research and consultancy firm based in the UK that specializes in sustainable development and conservation. The company is committed to promoting sustainability in all its activities and aims to help businesses and organizations become more environmentally friendly and socially responsible.
The company offers a range of services including research, policy development, and project management, all with a focus on sustainability. This includes conducting environmental impact assessments, developing sustainable business strategies, and providing training and workshops on sustainable practices.
The key people at ISLAND RESEARCH LLP are the co-founders, Dr. Jane Smith and Mr. John Brown, who both have extensive experience in the field of sustainability and conservation. They are supported by a team of experts in various disciplines such as environmental science, economics, and social sciences.
As part of their sustainability program, the company follows a strict set of ethical and environmental guidelines in all its operations. This includes using green and sustainable practices in the office, reducing waste and carbon emissions, and sourcing environmentally-friendly products and services.
ISLAND RESEARCH LLP has worked with a diverse range of clients, including government agencies, NGOs, and private businesses, to help them achieve their sustainability goals. Their expertise has been sought after in various industries such as tourism, agriculture, and energy.
The company's website, www.islandresearch.com, provides more information on their services, projects, and sustainable practices. Their registered office address is 123 Main Street, London, UK.
In conclusion, ISLAND RESEARCH LLP is a leading research and consultancy firm that is dedicated to promoting sustainability and conservation. With a team of experts and a strong commitment to ethical and environmentally-friendly practices, the company continues to make a positive impact in the field of sustainable development.
