GOV.UK
NCC GROUP SECURITY SERVICES LIMITED
Company number: 04474600
Reporting period:
1 June 2023
to 30 November 2023
Warning
This information is as reported by the business, and responses are in their own words.
This report was filed on 19 December 2023
and approved by Guy Ellis
Payment statistics
Average time taken to pay invoices: 29 days
Invoices paid:
- within 30 days: 59%
- in 31 to 60 days: 37%
- in 61 days or more: 4%
Invoices due but not paid within agreed terms: 15 %
Payment terms
Shortest standard payment period
30 days
Longest standard payment period
45 days
Standard payment terms
Invoices will be paid by NCC Group at the end of the month following the month in which NCC Group receives the invoice. There have been no changes to NCC Group’s Standard payment terms in the reporting period.
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
45 days
Any other information about payment terms
N/A
Dispute resolution process
In the rare circumstances where disputes do arise, NCC Group will work quickly, transparently and collaboratively with its supplier in order to establish facts surrounding the dispute and agree a fair resolution for both parties.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.No
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No