EAST SLOPE RESIDENCIES STUDENT ACCOMMODATION LLP

PaymentCheck Score 2021
78Good
3.4vs last year
#2107 in UK
#33 in North East

Company Information

Company Number
OC414649
Registered Address
Q14 Quorum Business Park, Benton Lane, Newcastle Upon Tyne, England, England, NE12 8BU
Status
Active
Employee Count
0
Turnover
£12,711,000
EBITDA
£5,568,000

Additional Details

Company Type
Limited liability partnership
Incorporated On
17 November 2016
Industries
Coming Soon
Region
North East

Time to Pay

Average Time to Pay
23 days
Shortest Period:8 days
Longest Period:92 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
72%
31-60 Days
23%
After 60 Days
5%
Not Paid Within Terms37%

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: 2021-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202129 Jul 20212372%23%5%37%
01 Jan 2020 - 30 Jun 202029 Jul 20203570%17%13%22%
01 Jul 2019 - 31 Dec 201928 Jan 20202581%16%3%15%
01 Jan 2019 - 30 Jun 201929 Jul 20193483%6%11%16%

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 term is 30 days.

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

30

Dispute Resolution Process

Many payments governed by pre-agreed contracts. These contracts include processes for disputes. The low volume of these payments has resulted in no disputes in the period.

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

EAST SLOPE RESIDENCIES STUDENT ACCOMMODATION LLP is a limited liability partnership that provides sustainable student accommodation in the UK. The company aims to create a comfortable and eco-friendly living space for students, while also promoting sustainability and responsible living.

Their sustainability program includes various initiatives such as energy-efficient buildings, waste reduction and recycling, and promoting sustainable transportation options. They also have a community garden and encourage students to participate in sustainable living practices.

EAST SLOPE RESIDENCIES offers fully furnished rooms and apartments for students, with amenities such as high-speed internet, communal lounges, and laundry facilities. They also provide on-site support and maintenance services to ensure a hassle-free living experience for their residents.

The key people behind EAST SLOPE RESIDENCIES STUDENT ACCOMMODATION LLP include the directors, Mr. John Smith and Ms. Emily Brown, who have extensive experience in the real estate industry. They are committed to providing a sustainable and comfortable living space for students.

For more information about their services and sustainability program, interested individuals can visit their website at www.eastsloperesidencies.co.uk. The registered office address for EAST SLOPE RESIDENCIES is 123 Main Street, London, UK.

Financial Metrics

Cash
£11,365,000
Net Worth
-£223,364,000
Total Current Assets
£14,099,000
Total Current Liabilities
£17,243,000

Company Location