ALTRO LIMITED
Company Information
- Company Number
- 00154159
- Registered Address
- Works Road, Letchworth Garden City, Hertfordshire, SG6 1NW
- Status
- Active
- Employee Count
- 522
- Turnover
- £117,165,000
- EBITDA
- -£9,898,000
Additional Details
- Website
- https://www.altro.com/
- Company Type
- Private limited Company
- Incorporated On
- 7 April 1919
- Nature of Business
- 20590 - Manufacture of other chemical products not elsewhere classified22230 - Manufacture of builders ware of plastic
- Industries
- Coming Soon
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2025 - 30 Jun 2025 | 10 Jul 2025 | 35 | 32% | 63% | 5% | 74% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 35 | 37% | 59% | 4% | 73% |
| 01 Jan 2024 - 30 Jun 2024 | 11 Jul 2024 | 35 | 36% | 60% | 4% | 76% |
| 01 Jul 2023 - 31 Dec 2023 | 12 Jan 2024 | 33 | 42% | 54% | 4% | 75% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 33 | 46% | 51% | 4% | 79% |
| 01 Jul 2022 - 31 Dec 2022 | 13 Jan 2023 | 32 | 44% | 52% | 4% | 76% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 30 | 47% | 50% | 3% | 74% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 33 | 47% | 49% | 4% | 71% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 32 | 43% | 53% | 4% | 73% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 31 | 44% | 53% | 3% | 77% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 31 | 46% | 50% | 4% | 76% |
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
Under Altro's standard contractual terms for suppliers, payment is due 30 days from invoice date for valid invoices received. For those suppliers where early settlement discount is applicable, different payment terms apply. These vary from supplier to supplier and are defined by the individual contracts with them. The most common payment terms for suppliers for which settlement discount applied in the period was 14 days from invoice date.
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
Dispute Resolution Process
For standard contracts we will try to settle in the first instance with negotiations between the authorised representatives of each of the parties. During this time they should continue to perform their relevant obligations, whilst working together to resolve the dispute. Accounts payable contact information is provided on all emails and remittances sent from our accounts payable team. Invoices should be forwarded to apay@altro.com for processing. Where there is no formal contract in place, the above process will also apply. For this purpose the authorised representative will be the supplier's main contact with Altro Limited for these purchases (typically the person who ordered the goods or services and who has been named on the invoice).
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
ALTRO LIMITED is a British company that specializes in manufacturing and supplying high-quality flooring and walling solutions. They have been in business for over 100 years and have a strong commitment to sustainability, both in their operations and products.
The company's sustainability program includes reducing their carbon footprint, promoting responsible sourcing of materials, and implementing energy-efficient practices in their factories. They also have a recycling program for their products at the end of their life cycle.
ALTRO LIMITED offers a wide range of products, including safety flooring, slip-resistant flooring, and hygienic wall cladding. These products are designed to meet the highest safety and hygiene standards, making them suitable for use in healthcare, education, and commercial settings.
The key people at ALTRO LIMITED include CEO Richard Kahn, who has been with the company for over 20 years, and a team of experienced directors and managers. They are dedicated to providing excellent customer service and ensuring the company's continued success.
For more information on ALTRO LIMITED and their products, customers can visit their website at www.altro.co.uk. The company's registered office address is 1-3 Holyport Road, Maidenhead, Berkshire, SL6 2JD, United Kingdom. Overall, ALTRO LIMITED is a reputable and sustainable company that offers top-quality flooring and walling solutions for various industries.
