SYDENHAMS LTD
Company Information
- Company Number
- 00168966
- Registered Address
- 45-47 Ashley Road, Boscombe, Bournemouth, Dorset, BH1 4LG
- Status
- Active
- Employee Count
- 450
- Turnover
- £81,696,000
- EBITDA
- £5,007,000
Additional Details
- Website
- https://agradetimber.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 12 July 1920
- Nature of Business
- 46730 - Wholesale of wood, construction materials and sanitary equipment
- Industries
- Raw Materials And Intermediate Goods
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for SYDENHAMS LTD to pay invoices to suppliers has remained consistent at 34 days over the last three periods. However, there has been a slight decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days, with the biggest change in the last period.
Volatility Analysis
The volatility in the average time to pay is minimal, with only a 1-day difference between the shortest and longest standard payment period. However, there has been some variation in the percentage of invoices paid within 30 days and between 31 and 60 days, indicating that SYDENHAMS LTD may not have consistent payment practices.
Summary Analysis
SYDENHAMS LTD has maintained an average time to pay of 34 days over the last three periods, but there has been a slight decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid between 31 and 60 days. The company has consistently had a low percentage of invoices paid later than 60 days, with the lowest being 2% in the first and third periods. However, there has been a slight increase in the percentage of invoices not paid within agreed terms in the first and third periods.
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 Apr 2019 - 30 Sept 2019 | 01 Nov 2019 | 34 | 43% | 55% | 2% | 1% |
| 01 Apr 2018 - 31 Mar 2019 | 26 Apr 2019 | 34 | 45% | 53% | 2% | 0% |
| 01 Apr 2018 - 30 Sept 2018 | 02 Oct 2018 | 34 | 45% | 53% | 2% | 1% |
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
payment end of month following month of invoice
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
61
Dispute Resolution Process
Disputes are resolved by the local branch manager contacting the supplier. In the event that the matter cannot be resolved then it is escalated to the Purchasing Director
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
Sydenhams Ltd is a UK-based company that specializes in providing building materials, DIY products, and timber engineering services. The company was founded in 1874 and has since grown to become one of the largest and most reputable suppliers in the country.
Sustainability is an important aspect of Sydenhams Ltd's operations. The company is committed to reducing its environmental impact by promoting sustainable practices and reducing waste. They have implemented measures such as using renewable energy sources, recycling materials, and promoting eco-friendly products.
Sydenhams Ltd offers a wide range of products and services, including timber, building materials, kitchen and bathroom fittings, flooring, and landscaping supplies. They also provide timber engineering services, such as designing and manufacturing roof trusses and floor joists.
The key people at Sydenhams Ltd include Managing Director, James Pierce, and Chairman, Geoffrey Pearce. They have a team of experienced and knowledgeable staff who are dedicated to providing high-quality products and services to their customers.
The company's website (www.sydenhams.co.uk) is user-friendly and provides information about their products, services, and sustainability initiatives. Customers can also place orders online and track their delivery status.
Sydenhams Ltd's registered office address is located in Poole, Dorset. They have over 30 branches across the South of England and their head office is in Christchurch, Dorset. Customers can contact them via phone, email, or by visiting one of their branches.
In conclusion, Sydenhams Ltd is a well-established and sustainable company that offers a wide range of products and services in the building and DIY industry. Their commitment to sustainability, high-quality products, and excellent customer service has made them a trusted and reputable supplier in the UK.
