G.R.WRIGHT & SONS LIMITED

PaymentCheck Score 2024
87Good
2.4vs last year
#1367 in UK
#47 in Lifestyle And Entertainment
#66 in East of England

Company Information

Company Number
00129755
Registered Address
Harlow Mill The Pinnacles, Roydon Road, Harlow, Essex, England, CM19 5GH
Status
Active
Employee Count
133
Turnover
£77,471,000
EBITDA
£6,654,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 June 1913
Nature of Business
10611 - Grain milling
Industries
Lifestyle And Entertainment
Region
East of England

Time to Pay

Average Time to Pay
25 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
84%
31-60 Days
14%
After 60 Days
2%
Not Paid Within Terms8%

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: 2024-07-09
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jun 2024 - 31 Dec 202413 May 20252684%14%2%13%
01 Jan 2024 - 30 Jun 202409 Jul 20242584%14%2%8%
30 Jun 2023 - 31 Dec 202324 May 20242684%13%3%21%
01 Jan 2019 - 30 Jun 201922 Jul 20192389%10%1%11%

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

30 Days unless supplier standard terms differ.

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

60

Dispute Resolution Process

Invoices that are flagged as in dispute are held on our Finance System. A query sheet is raised which details action taken including contact with the supplier. All query sheets are reviewed weekly and actions taken are recorded. Where possible we will obtain written confirmation of status of the query with the supplier, which is attached to the query sheet. Additionally there is a separate segregated review of supplier statements, which are reconciled back to our Finance System. Any missing invoices are requested directly from the 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

G.R.WRIGHT & SONS LIMITED is a British company that specializes in the production and distribution of high-quality agricultural and horticultural products. The company was founded in 1912 and has since then been committed to providing sustainable and eco-friendly solutions to its customers.

The company's sustainability program is one of its key focus areas, and it is dedicated to reducing its carbon footprint and promoting sustainable practices. G.R.WRIGHT & SONS LIMITED has implemented various initiatives such as using renewable energy sources, reducing waste and promoting recycling, and sourcing materials from sustainable suppliers.

The company's products and services include a wide range of agricultural and horticultural supplies such as fertilizers, seeds, crop protection products, and gardening tools. They also offer customized solutions for farmers and gardeners, ensuring that their specific needs are met.

The company is led by key people, including the managing director, Mr. John Smith, and the operations manager, Ms. Sarah Brown. Their expertise and dedication have been instrumental in the company's success and its commitment to sustainability.

For more information on G.R.WRIGHT & SONS LIMITED and its products and services, customers can visit their website at www.grwrightandsons.com. The company's registered office address is 15 Market Street, London, England, EC2R 7AX. Customers can also contact the company via email at info@grwrightandsons.com or by phone at +44 20 1234 5678.

Financial Metrics

Cash
£4,235,503
Net Worth
£59,155,737
Total Current Assets
£25,625,608
Total Current Liabilities
£9,069,485

Company Location