BEL VALVES LIMITED
Company Information
- Company Number
- 00167542
- Registered Address
- 11 Glasshouse Street St Peters, Newcastle Upon Tyne, Tyne & Wear, England, NE6 1BS
- Status
- Active
- Employee Count
- 65
- Turnover
- £13,830,000
- EBITDA
- £2,444,000
Additional Details
- Website
- https://www.belvalves.com/
- Company Type
- Private limited Company
- Incorporated On
- 18 May 1920
- Nature of Business
- 28140 - Manufacture of taps and valves
- Industries
- Energy, Manufacturing, Raw Materials And Intermediate Goods
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
BEL VALVES LIMITED demonstrates a clear trend of extended payment cycles, with an average payment time of 73 days. A substantial 69% of their payments consistently extend beyond 60 days, indicating a deeply entrenched pattern of delayed settlement. Conversely, only 17% of payments are settled within 30 days, highlighting a trajectory that heavily favors longer payment terms.
Volatility Analysis
The payment profile indicates low reliability and predictability, driven by the significant proportion of payments exceeding 60 days (69%). With 26% of payments officially categorized as late, suppliers face a high risk of inconsistent cash flow and prolonged outstanding invoices. This suggests a volatile payment environment where prompt settlement is an exception rather than the standard.
Summary Analysis
Suppliers should exercise caution when dealing with BEL VALVES LIMITED due to their consistently slow payment habits and notable late payment rate. Key decision factors must include the potential strain on working capital and the necessity to factor in the extended 73-day average payment period. To mitigate risk, consider negotiating strict payment terms, implementing upfront payment requirements, or adjusting pricing to account for the increased financing costs and payment uncertainty.
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 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 73 | 17% | 14% | 69% | 26% |
| 01 Nov 2020 - 30 Apr 2021 | 17 May 2021 | 77 | 13% | 12% | 75% | 29% |
| 01 May 2020 - 31 Oct 2020 | 10 Nov 2020 | 82 | 12% | 9% | 79% | 59% |
| 01 Nov 2019 - 30 Apr 2020 | 03 Jun 2020 | 82 | 19% | 10% | 71% | 59% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 83 | 14% | 11% | 75% | 35% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 77 | 19% | 9% | 72% | 24% |
| 01 May 2018 - 30 Nov 2018 | 18 Jan 2019 | 75 | 17% | 11% | 72% | 23% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 77 | 11% | 16% | 73% | 25% |
| 01 May 2017 - 31 Oct 2017 | 27 Apr 2018 | 73 | 10% | 16% | 74% | 24% |
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
60 days end of month following date of 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
121
Dispute Resolution Process
Accounts payable use a management system to assign queries to relevant personnel. Dispute resolution is then conducted in house by assigned personnel. Suppliers maybe contacted where appropriate.
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.
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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?
❌
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
BEL VALVES LIMITED is an active private limited company specialising in valves.
Incorporated on 18 May 1920, it operates as Company Number 00167542. The company's registered office is located at 11 Glasshouse Street St Peters, Newcastle Upon Tyne, Tyne & Wear, England, NE6 1BS, within the North East region.
Companies specialising in valves in the UK typically provide the design, manufacture, supply, and distribution of various types of valves. These products are essential components used across a range of industries for controlling the flow of liquids, gases, and slurries.
