RENOLD POWER TRANSMISSION LIMITED
Company Information
- Company Number
- 00182382
- Registered Address
- Trident 2 Trident Business Park, Styal Road, Wythenshawe, United Kingdom, M22 5XB
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 June 1922
- Nature of Business
- 25930 - Manufacture of wire products, chain and springs28150 - Manufacture of bearings, gears, gearing and driving elements
- Industries
- Coming Soon
- Region
- Other
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
RENOLD POWER TRANSMISSION LIMITED exhibits a clear trend of extended payment cycles, with an average payment time of 52 days consistently exceeding standard 30-day terms. A significant majority of payments fall into the 31-60 days (43%) and over 60 days (36%) brackets, indicating a deliberate and regular trajectory towards longer payment durations.
Volatility Analysis
Payment reliability is moderate, with 43% of all payments being late and 36% extending beyond 60 days, indicating considerable unpredictability in promptness. Suppliers face a tangible risk of prolonged payment delays and should anticipate potential disruptions to cash flow planning. This pattern suggests a need for robust credit management and contingency planning.
Summary Analysis
Suppliers should recognize that RENOLD POWER TRANSMISSION LIMITED typically operates on extended payment terms, with a high probability of payments exceeding 60 days and being classified as late. To mitigate risk, consider negotiating shorter payment terms, requesting partial upfront payments, or implementing penalties for overdue invoices. Evaluate if the extended payment cycle aligns with your own cash flow requirements before establishing a significant credit line.
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 2025 - 30 Sept 2025 | 24 Oct 2025 | 52 | 21% | 43% | 36% | 43% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 54 | 22% | 42% | 36% | 55% |
| 01 Apr 2024 - 30 Sept 2024 | 21 Oct 2024 | 57 | 16% | 41% | 43% | 44% |
| 01 Oct 2023 - 31 Mar 2024 | 19 Apr 2024 | 63 | 16% | 39% | 45% | 54% |
| 01 Apr 2023 - 30 Sept 2023 | 24 Oct 2023 | 74 | 12% | 33% | 55% | 49% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 77 | 8% | 33% | 59% | 85% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 67 | 9% | 33% | 58% | 84% |
| 01 Oct 2021 - 31 Mar 2022 | 28 Apr 2022 | 68 | 11% | 30% | 59% | 83% |
| 01 Apr 2021 - 30 Sept 2021 | 28 Oct 2021 | 64 | 8% | 33% | 59% | 84% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 66 | 12% | 33% | 55% | 80% |
| 01 Apr 2020 - 30 Sept 2020 | 28 Oct 2020 | 61 | 13% | 37% | 50% | 77% |
| 01 Oct 2019 - 31 Mar 2020 | 01 May 2020 | 62 | 15% | 34% | 51% | 80% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 73 | 10% | 37% | 53% | 76% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 62 | 19% | 34% | 47% | 70% |
| 01 Apr 2018 - 30 Sept 2018 | 25 Oct 2018 | 56 | 23% | 34% | 43% | 90% |
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
Renold Power Transmission Limited have standard payment terms with suppliers of 60 days from the end of invoice month. Standard terms therefore range between 60 and 90 days dependent on 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
92
Dispute Resolution Process
In the event of a supplier dispute over payments, the dispute is notified to the supplier and if this cannot be resolved it would be escalated to appropriate individuals.
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
RENOLD POWER TRANSMISSION LIMITED is an active private limited company
It specialises in the field of power transmission
Registered under company number 00182382, this organisation was incorporated on 9 June 1922
Its registered office is located at Trident 2 Trident Business Park, Styal Road, Wythenshawe, United Kingdom, M22 5XB, with its broader operational location listed as 'Other'
Companies operating in the power transmission sector in the UK typically provide the design, manufacture, and supply of components and systems for transmitting mechanical power
This often encompasses products such as industrial chains, gears, couplings, and clutches, alongside associated drive solutions
Such organisations also commonly offer related engineering services and technical support
