BEATSON CLARK LIMITED exhibits a clear trend towards delayed payments, with an average payment time of 57 days and a high 79% of invoices paid late. A significant majority of payments fall into the 31-60 day (49%) and over 60 day (43%) categories, indicating a consistent pattern of extended payment cycles. This trajectory suggests suppliers should anticipate payments taking well beyond standard 30-day terms.
The payment profile of BEATSON CLARK LIMITED suggests a predictable pattern of extended payment terms rather than high volatility in payment timing itself. However, the substantial 43% of payments exceeding 60 days introduces a significant risk of unpredictability for individual invoices. Suppliers should recognize that while early payments are rare, extended delays are a common occurrence rather than an exception.
Given the average 57-day payment cycle and 79% late payment rate, suppliers should evaluate BEATSON CLARK LIMITED as a high-risk entity for timely payments. Key decision factors include the potential impact on your own cash flow and the necessity for robust working capital to accommodate prolonged payment terms. Mitigate risk by establishing clear extended payment expectations upfront, potentially adjusting pricing for credit terms, or considering upfront payment for initial orders.
| 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 Jan 2019 - 30 Jun 2019 | 09 Jul 2019 | 58 | 8% | 53% | 39% | 66% |
| 01 Jul 2018 - 31 Dec 2018 | 09 Jul 2019 | 57 | 8% | 49% | 43% | 79% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 54 | 11% | 53% | 36% | 80% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from the date of the invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Contact the purchase ledger supervisor on 01709 828141 and they will pass the query on to the relevant person.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Beatson Clark Limited is a long-established manufacturer of glass bottles and jars, based at The Glass Works in Rotherham. It designs and produces glass packaging for the food, beverage, spirits, pharmaceutical, homeware and personal care markets, with many container types available from stock. The company operates an in-house design team for bespoke glass packaging, alongside a decoration plant offering spray coatings, printing, labelling and closures. It also runs an on-site recycling plant to help make its glass containers from recycled materials. The company describes itself as having designed and manufactured glass packaging for over 270 years, continuing to supply the complete packaging solution to a range of premium brands.
Generated from the company's website and Companies House records. Sources: beatsonclark.co.uk · beatsonclark.co.uk