ANCON LIMITED
Company Information
- Company Number
- 00210138
- Registered Address
- 9 President Way, President Park, Sheffield, S4 7UR
- Status
- Active
- Employee Count
- 492
- Turnover
- £113,587,000
- EBITDA
- £25,154,000
Additional Details
- Website
- https://ancon.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 4 December 1925
- Nature of Business
- 25990 - Manufacture of other fabricated metal products not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2021 - 30 Jun 2021 | 15 Oct 2021 | 47 | 55% | 34% | 11% | 34% |
| 01 Jul 2020 - 31 Dec 2020 | 04 May 2021 | 47 | 57% | 34% | 9% | 30% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 48 | 53% | 36% | 11% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 49 | 55% | 36% | 9% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 09 Jul 2019 | 44 | 54% | 37% | 9% | 22% |
| 01 Jul 2018 - 31 Dec 2018 | 21 Jan 2019 | 46 | 53% | 38% | 9% | 20% |
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
The company does not have standard payment terms; terms are agreed individually with suppliers, with 30 or 60 days from end of month of invoice being the most common. It is company policy to pay promptly to the agreed terms and any late payments are generally as a result of the time taken to resolve queries.
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
The company is committed to dealing with its suppliers in a fair, honest and professional manner. The initial point of contact for queries or disputes is the Accounts Payable team, who will involve other parties as necessary in order to resolve issues 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
ANCON LIMITED is a UK-based company that specializes in the design, manufacture, and distribution of structural and civil engineering products. The company was founded in 1978 and is based in Sheffield, England.
The company's main focus is on developing innovative and sustainable products for the construction industry. ANCON LIMITED is committed to reducing their environmental impact and promoting sustainable practices throughout their operations. They have a strong sustainability program in place, which includes recycling initiatives, energy conservation measures, and the use of environmentally friendly materials in their products.
ANCON LIMITED offers a range of products and services, including masonry support systems, reinforcement systems, tension bar systems, and bridge engineering solutions. These products are designed to provide strong and durable support to various construction projects, while also being environmentally responsible.
The key people at ANCON LIMITED include the company's managing director, Andrew Mitchell, and the director of engineering, Peter Brown. Both have extensive experience in the construction industry and are dedicated to driving the company's sustainability efforts.
For customers and stakeholders, ANCON LIMITED's website (www.ancon.co.uk) provides detailed information on their products and services, as well as their sustainability initiatives. The company's registered office address is located at Deeside House, 32-34 Knowl Piece, Wilbury Way, Hitchin, SG4 0TY, UK.
In summary, ANCON LIMITED is a leading company in the construction industry, known for its innovative and sustainable products and services. With a strong commitment to sustainability and a team of experienced professionals, the company continues to provide reliable and environmentally responsible solutions to its customers.
