IUP 2 LLP
Company Information
- Company Number
- OC376452
- Registered Address
- One, Gloucester Place, Brighton, Sussex, BN1 4AA
- Status
- Active
- Employee Count
- 306
- Turnover
- £41,782,000
- EBITDA
- £1,342,000
Additional Details
- Website
- https://into-corporate.com/
- Company Type
- Limited liability partnership
- Incorporated On
- 27 June 2012
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for IUP 2 LLP shows a fluctuating trend in the average time taken to pay invoices to suppliers. In the first three periods (Aug 2017 - Jan 2019), the average time to pay was relatively stable, ranging from 20 to 30 days. However, in the fourth period (Feb 2019 - Jul 2020), there was a significant increase in the average time to pay, reaching a peak of 29 days. This trend continued in the fifth period (Aug 2020 - Jan 2021), with the average time to pay remaining high at 26 days. In the most recent two periods (Feb 2021 - Jul 2023), the average time to pay has decreased, reaching 15 days in the last period analyzed.
Volatility Analysis
The data for IUP 2 LLP also shows a fluctuating trend in the percentage of invoices paid within 30 days. In the first three periods, this percentage was relatively stable, ranging from 81% to 85%. However, in the fourth period, there was a sharp decrease to 70%, followed by a slight increase in the fifth period to 72%. This trend continued in the sixth period, with a further decrease to 55%. In the most recent three periods, the percentage of invoices paid within 30 days has remained relatively stable, ranging from 76% to 90%.
Summary Analysis
In summary, the data for IUP 2 LLP shows a fluctuating trend in the average time taken to pay invoices to suppliers, with a peak at 29 days and a decrease to 15 days in the most recent period analyzed. There has also been a fluctuating trend in the percentage of invoices paid within 30 days, with a decrease to 55% in the sixth period and a gradual increase to 90% in the most recent period analyzed.
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 Feb 2025 - 31 Jul 2025 | 08 Sept 2025 | 18 | 93% | 4% | 3% | 10% |
| 01 Aug 2023 - 31 Jan 2024 | 28 Feb 2024 | 27 | 81% | 13% | 6% | 24% |
| 01 Feb 2023 - 31 Jul 2023 | 31 Aug 2023 | 39 | 78% | 13% | 10% | 28% |
| 01 Aug 2022 - 31 Jan 2023 | 28 Feb 2023 | 20 | 84% | 13% | 4% | 19% |
| 01 Feb 2022 - 31 Jul 2022 | 22 Aug 2022 | 15 | 90% | 7% | 3% | 12% |
| 01 Aug 2021 - 31 Jan 2022 | 02 Mar 2022 | 19 | 88% | 9% | 3% | 17% |
| 01 Feb 2021 - 31 Jul 2021 | 02 Nov 2021 | 28 | 76% | 16% | 8% | 31% |
| 01 Aug 2020 - 31 Jan 2021 | 26 Feb 2021 | 16 | 81% | 16% | 3% | 21% |
| 01 Feb 2020 - 31 Jul 2020 | 26 Feb 2021 | 29 | 55% | 33% | 12% | 53% |
| 01 Aug 2019 - 31 Jan 2020 | 27 May 2020 | 26 | 72% | 25% | 3% | 37% |
| 01 Feb 2018 - 31 Jul 2019 | 24 Mar 2020 | 23 | 70% | 23% | 7% | 40% |
| 01 Aug 2018 - 31 Jan 2019 | 24 Mar 2020 | 21 | 85% | 11% | 4% | 28% |
| 01 Feb 2018 - 31 Jul 2018 | 24 Mar 2020 | 30 | 81% | 11% | 8% | 31% |
| 01 Aug 2017 - 31 Jan 2018 | 24 Mar 2020 | 20 | 84% | 11% | 5% | 28% |
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
Our standard payment terms are to settle valid invoices within 30 days but this can vary dependent on individual arrangements with suppliers and the nature of the goods and services supplied
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
Dispute Resolution Process
Disputes over invoices and payments are dealt with in the first instance with our Accounts Payable team. Where necessary this is escalated to the business contact or budget holder relevant to the individual supplier.
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
IUP 2 LLP is a sustainable company that focuses on creating eco-friendly products and services. They have a strong commitment to sustainability and have implemented various initiatives to reduce their environmental impact.
Their sustainability program includes using renewable energy sources, reducing waste and carbon emissions, and promoting sustainable practices in their supply chain. They also prioritize ethical and responsible sourcing of materials for their products.
One of their key products is a line of biodegradable and compostable packaging materials. This helps reduce the amount of plastic waste in the environment and promotes a circular economy.
The company is led by a team of experienced professionals who are dedicated to promoting sustainability and making a positive impact on the environment. Their registered office address is 12 York Street, London, UK and their website is www.iup2llp.co.uk.
In addition to their sustainable products, IUP 2 LLP also offers consulting services to businesses looking to improve their sustainability practices. They work with companies to develop customized sustainability plans and provide guidance on implementing sustainable solutions.
Overall, IUP 2 LLP is a leading company in the sustainable industry, striving to make a positive impact on the environment while also providing high-quality products and services. Their commitment to sustainability and their innovative approach make them a valuable resource for businesses and consumers alike.
