WM. NELSTROP & CO. LTD
Company Information
- Company Number
- 00260082
- Registered Address
- Albion Flour Mills, Stockport, SK4 1TZ
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 November 1931
- Nature of Business
- 10611 - Grain milling
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
WM. NELSTROP & CO. LTD consistently demonstrates a strong trend of prompt payments, with an average payment time of 25 days. A significant 77% of payments are settled within 30 days, indicating a reliable trajectory for quick turnaround in accounts receivable.
Volatility Analysis
While 77% of payments are highly predictable within 30 days, the 18% extending to 31-60 days introduces some minor variability in payment cycles. The small 5% of payments exceeding 60 days and 2% classified as late suggest a very low but present risk of extended payment terms for a minority of invoices.
Summary Analysis
Overall, WM. NELSTROP & CO. LTD presents a low payment risk, with the high percentage of prompt payments being a key decision factor for suppliers. Suppliers can generally expect timely settlements, but should monitor the small proportion of payments that extend beyond 60 days to mitigate minor extended credit risk.
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 Oct 2021 - 31 Mar 2022 | 17 May 2022 | 24 | 74% | 23% | 3% | 1% |
| 01 Apr 2021 - 30 Sept 2021 | 17 May 2022 | 25 | 77% | 18% | 5% | 2% |
| 01 Oct 2020 - 31 Mar 2021 | 23 Apr 2021 | 25 | 79% | 18% | 3% | 2% |
| 01 Apr 2020 - 30 Sept 2020 | 23 Apr 2021 | 25 | 78% | 18% | 4% | 2% |
| 01 Oct 2019 - 31 Mar 2020 | 18 Jun 2020 | 31 | 69% | 27% | 4% | 2% |
| 01 Apr 2019 - 30 Sept 2019 | 04 Nov 2019 | 33 | 72% | 25% | 4% | 2% |
| 01 Oct 2018 - 31 Mar 2019 | 21 May 2019 | 25 | 72% | 23% | 5% | 1% |
| 01 Apr 2018 - 30 Sept 2018 | 11 Dec 2018 | 25 | 75% | 22% | 3% | 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
Our standard terms are 21st of the month following the month of supply, but at that point we clear all due invoices.
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
60
Dispute Resolution Process
We reconcile each supplier statement and request copies of transactions where necessary, and disputes are issued by email and followed up as required. This can be driven by the person who ordered the goods or by the accounts payable function.
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
WM. NELSTROP & CO. LTD is an active private limited company operating as a flour mill.
The company was incorporated on 2 November 1931 and holds company number 00260082. Its registered office is located at Albion Flour Mills, Stockport, SK4 1TZ, situating its operations within the North West of England.
As a flour mill, this type of organisation typically specialises in milling cereals such as wheat, rye, and barley into various grades of flour. These products are then supplied to commercial bakeries, food manufacturers, and retailers within the UK market.
