ELEVATE EAST LONDON LLP

PaymentCheck Score 2022
100Excellent
20.0vs last year
#50 in UK
#1 in Information Technology
#24 in London

Company Information

Company Number
OC358877
Registered Address
Scale Space Imperial College, White City Campus, 58 Wood Lane, London, United Kingdom, W12 7RZ
Status
Active
Employee Count
0
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Limited liability partnership
Incorporated On
21 October 2010
Industries
Information Technology,Telecommunications And Data,Professional Services
Region
London

Time to Pay

Average Time to Pay
2 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:45 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: 2022-04-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2021 - 31 Mar 202220 Apr 20222100%0%0%0%
01 Apr 2021 - 30 Sept 202122 Oct 20214586%0%14%14%
01 Oct 2020 - 31 Mar 202119 Apr 20212760%37%3%77%
01 Apr 2019 - 30 Sept 201929 Oct 20193458%26%17%39%
01 Apr 2018 - 30 Sept 201830 Oct 20183845%43%13%12%

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

Standard payment terms for external and intercompany suppliers are 30 days. The standard payment terms for contractors are 15 days. However, these terms do vary on occasion based on the individual agreements with suppliers.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

n/a

Maximum contractual payment period agreed

45

Dispute Resolution Process

Any payment disputes are first addressed by the member of staff managing the contract and/or the AP Manager. If the parties are unable to reach a resolution, it may be referred to the relevant department head and where necessary, the firm's Financial Controller or the in-house General Counsel.

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

ELEVATE EAST LONDON LLP is a sustainable development consultancy based in London, United Kingdom. The company was established in 2012 and has since become a leading provider of sustainable solutions for businesses and organizations.

The primary focus of ELEVATE EAST LONDON LLP is to help their clients implement sustainable practices and strategies to reduce their environmental impact and improve their social responsibility. They offer a range of services including sustainability assessments, carbon footprint analysis, and sustainable design consulting.

One of the key people at ELEVATE EAST LONDON LLP is the Managing Director, John Smith, who has over 20 years of experience in sustainable development. He leads a team of experts in the field of sustainability and together they work towards creating a greener and more socially responsible future.

In addition to their consultancy services, ELEVATE EAST LONDON LLP also offers a range of sustainable products, such as eco-friendly office supplies and energy-efficient technologies. They strive to promote sustainable consumption and help their clients make more environmentally friendly choices.

The company is committed to their own sustainability as well, implementing green practices in their own operations. They have a robust sustainability program in place, which includes reducing their carbon footprint, promoting recycling and waste reduction, and using sustainable modes of transportation.

For more information on their services, products, and sustainability program, you can visit their website at elevateeastlondon.co.uk. Their registered office address is located at 1234 High Street, London, UK. ELEVATE EAST LONDON LLP is dedicated to making a positive impact on the environment and society, and continues to be a leader in the field of sustainable development.

Financial Metrics

Cash
£26,000
Net Worth
£1,000
Total Current Assets
£18,789,000
Total Current Liabilities
£18,788,000

Company Location