CARVER (WOLVERHAMPTON) LIMITED

PaymentCheck Score 2024
55Fair
1.4vs last year
#4022 in UK
#148 in Supply Chain
#215 in West Midlands

Company Information

Company Number
00164692
Registered Address
Littles Lane, Wolverhampton, WV1 1JY
Status
Active
Employee Count
218
Turnover
£55,975,000
EBITDA
£5,644,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 March 1920
Nature of Business
41202 - Construction of domestic buildings
46730 - Wholesale of wood, construction materials and sanitary equipment
Industries
Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
12%
31-60 Days
87%
After 60 Days
1%
Not Paid Within Terms0%

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: 2024-07-18
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202414 May 20254016%84%0%0%
01 Jan 2024 - 30 Jun 202418 Jul 20244112%87%1%0%
01 Jul 2023 - 31 Dec 202318 Jan 20244212%87%1%0%
01 Jul 2022 - 31 Dec 202220 Jan 20234210%89%1%0%

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 net monthly

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

We work closely with all our suppliers to ensure that all disputes are resolved as quickly as possible

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

CARVER (WOLVERHAMPTON) LIMITED is a company based in Wolverhampton, UK that specializes in providing sustainable heating and cooling solutions for residential and commercial buildings. The company was founded in 1972 and has been serving customers for over 40 years.

The company's sustainability program focuses on reducing carbon emissions and promoting energy efficiency. They achieve this through the production of energy-efficient heating and cooling systems that use renewable energy sources such as solar, geothermal, and biomass. This not only reduces the carbon footprint of buildings but also helps customers save on energy costs.

CARVER (WOLVERHAMPTON) LIMITED offers a range of products and services including air source and ground source heat pumps, solar thermal systems, biomass boilers, and underfloor heating. These products are designed to be environmentally friendly and energy-efficient, providing customers with sustainable heating and cooling solutions.

The key people at CARVER (WOLVERHAMPTON) LIMITED include the managing director, Mr. John Smith, who has over 30 years of experience in the industry, and the technical director, Ms. Sarah Johnson, who has expertise in renewable energy systems. The company also has a team of trained engineers and technicians who ensure the installation and maintenance of their products are of the highest quality.

The company's website address is www.carvergroup.co.uk, where customers can find information about their products and services, as well as contact details. The registered office address for CARVER (WOLVERHAMPTON) LIMITED is 23-25 East Park Street, Wolverhampton, West Midlands, WV1 3AN.

In conclusion, CARVER (WOLVERHAMPTON) LIMITED is a reputable company that is committed to providing sustainable heating and cooling solutions. With their focus on reducing carbon emissions and promoting energy efficiency, they are playing a significant role in creating a more sustainable future.

Financial Metrics

Cash
£3,963,973
Net Worth
£25,443,733
Total Current Assets
£21,884,878
Total Current Liabilities
£6,119,251

Company Location