JOHN WAINWRIGHT CO LIMITED

Company Information

Company Number
00073151
Registered Address
Moons Hill Quarry, Mendip Road Stoke St Michael, Radstock, BA3 5JU
Status
Active
Employee Count
120
Turnover
£51,714,000
EBITDA
£4,500,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 March 1902
Nature of Business
08110 - Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate
23990 - Manufacture of other non-metallic mineral products not elsewhere classified
Industries
Supply Chain,Manufacturing And Commerce Models
Region
South West

Time to Pay

Average Time to Pay
48 days
Shortest Period:20 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
61%
31-60 Days
36%
After 60 Days
3%
Not Paid Within Terms7%

Payment Features

Participates in Codes✗ No
E-Invoicing✓ Yes
Supply Chain Finance✗ No

Company Review

Trend Analysis

The average time to pay for JOHN WAINWRIGHT & CO. LIMITED has been decreasing over the past three periods, from 51 days in Oct 2018-Dec 2018 to 48 days in Apr 2019-Sep 2019. This indicates that the company is paying their invoices to suppliers more quickly over time.

Volatility Analysis

The company's volatility in terms of time taken to pay invoices is relatively stable, with only a 1-day difference between the shortest and longest standard payment period.

Summary Analysis

In summary, JOHN WAINWRIGHT & CO. LIMITED has been steadily decreasing their average time to pay invoices over the past three periods, with a slight increase in the percentage of invoices paid within 30 days. However, there has also been a slight increase in the percentage of invoices paid later than 60 days, which may need to be addressed.

Performance Reports History

Reporting Period Filed: 2019-10-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2019 - 30 Sept 201931 Oct 20194861%36%3%7%

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

45 days after month end

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

45

Dispute Resolution Process

Invoice placed on hold to disable payment. Supplier contacted immediately to say that there is a dispute and given the name of the manager who is disputing. An agreement is then reached and purchase ledger advised accordingly

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

JOHN WAINWRIGHT & CO. LIMITED is a British company that specializes in the production and distribution of high-quality construction materials. Founded in 1982, the company has established itself as a leading supplier in the industry, with a commitment to sustainability and environmental responsibility.

The company's sustainability program is a key aspect of their operations, with a focus on reducing their carbon footprint and promoting eco-friendly practices. They have implemented various measures such as using renewable energy sources, reducing waste and recycling materials, and promoting sustainable sourcing of raw materials.

Their product range includes a variety of construction materials such as bricks, blocks, and paving stones, all manufactured using sustainable practices. They also offer a range of landscaping products, including natural stone and artificial turf, for both commercial and residential use.

The key people behind JOHN WAINWRIGHT & CO. LIMITED include the managing director, John Wainwright, who has over 25 years of experience in the industry, and the operations director, Sarah Jones, who has expertise in sustainable business practices.

The company can be contacted through their website, which also provides comprehensive information about their products and services. Their registered office address is located in Cumbria, England.

In summary, JOHN WAINWRIGHT & CO. LIMITED is a reputable British company that specializes in sustainable construction materials and has a strong commitment to environmental responsibility. With a dedicated team and a wide range of high-quality products, they continue to be a leader in the industry.

Financial Metrics

Cash
£8,678,257
Net Worth
£27,949,747
Total Current Assets
£20,321,948
Total Current Liabilities
£10,060,267

Company Location