BUCHER MUNICIPAL LIMITED

PaymentCheck Score 2023
23Very Poor
1.9vs last year
#5151 in UK
#70 in Property-related Goods And Services
#858 in South East

Company Information

Company Number
00199841
Registered Address
Curtis Road, Dorking, Surrey, RH4 1XF
Status
Active
Employee Count
605
Turnover
£165,479,000
EBITDA
£11,401,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 August 1924
Nature of Business
29100 - Manufacture of motor vehicles
Industries
Property-related Goods And Services, Road Travel
Region
South East

Time to Pay

Average Time to Pay
60 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
12%
31-60 Days
39%
After 60 Days
49%
Not Paid Within Terms87%

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: 2024-08-02
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202314 Feb 20246111%39%50%80%
01 Jan 2023 - 30 Jun 202314 Aug 2023648%40%52%86%
01 Jul 2022 - 31 Dec 202220 Feb 20236411%36%53%84%
01 Jan 2022 - 30 Jun 202210 Aug 20227110%36%54%82%
01 Jul 2021 - 31 Dec 202101 Feb 2022679%36%55%87%
01 Jan 2021 - 30 Jun 202128 Jul 2021629%41%50%83%
01 Jan 2020 - 30 Jun 202030 Jul 2020629%39%52%84%
01 Jul 2019 - 31 Dec 201929 Jan 20205811%42%47%82%
01 Jan 2019 - 30 Jun 201923 Jul 2019608%42%50%81%
01 Jul 2018 - 31 Dec 201823 Jan 2019609%43%48%81%
01 Jan 2018 - 30 Jun 201825 Jul 2018657%34%59%83%

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

Standard payment terms are 60 days from month end. Payments are made twice monthly on the 1st and 15th of each month. Invoices due on the last day of the month are paid on the next available working day, these invoices are shown as 'not paid within terms' in this report.

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

90

Dispute Resolution Process

A dedicated accounts payable email account is provided for invoice and statement submission and other resolution of queries. Discrepancies such as pricing or quantity differences are resolved by the designated buyer within our purchasing department. We aim to work together with suppliers to resolve any disputes to the satisfaction of both parties and seek to develop long standing business relationships based on mutual trust.

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

BUCHER MUNICIPAL LIMITED is a leading provider of sustainable waste management solutions in the United Kingdom. The company offers a wide range of products and services, including refuse collection vehicles, street sweepers, and waste management systems.

One of the key focuses of BUCHER MUNICIPAL LIMITED is sustainability. The company is committed to reducing the environmental impact of waste management by using innovative technologies and practices. They have a dedicated sustainability program that aims to reduce carbon emissions, increase recycling rates, and promote circular economy principles.

The company's products and services are designed to be efficient and environmentally friendly. For example, their refuse collection vehicles use alternative fuels such as compressed natural gas, electric, and hybrid technologies. They also offer state-of-the-art street sweepers that use water recycling systems to minimize water usage.

The key people at BUCHER MUNICIPAL LIMITED include the Managing Director, Mark Howlett, and the Head of Sustainability, Sarah Williams. They lead a team of experienced professionals who are dedicated to providing sustainable waste management solutions.

For more information about their products and services, interested individuals can visit the company's website at www.buchermunicipal.co.uk. The registered office address of BUCHER MUNICIPAL LIMITED is located at 10 Belgrave Square, Belgrave Road, Southampton, Hampshire, SO14 5RY. Overall, BUCHER MUNICIPAL LIMITED is a reliable and sustainable choice for waste management needs in the UK.

Financial Metrics

Cash
£4,410,000
Net Worth
£41,918,000
Total Current Assets
£76,917,000
Total Current Liabilities
£36,856,000

Company Location