CHURCHILL CHINA UK LIMITED

Company Information

Company Number
00270153
Registered Address
No.1 Marlborough Way, Tunstall, Stoke-On-Trent, ST6 5NZ
Status
Active
Employee Count
742.0
Turnover
75335000.0
EBITDA
10555000.0

Additional Details

Company Type
Private limited Company
Incorporated On
11 November 1932
Nature of Business
23410 - Manufacture of ceramic household and ornamental articles
Industries
0
Region
West Midlands

Company Location

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Financial Metrics

Cash
£7,430,431.00
Net Worth
£47,163,197.00
Total Current Assets
£39,438,857.00
Total Current Liabilities
£12,905,944.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-30

Time to Pay

Average Time to Pay
36 days
Shortest Period:0 days
Longest Period:50 days
Max Contractual:50 days

Payment Timeline

Within 30 Days
37%
31-60 Days
62%
After 60 Days
1%
Not Paid Within Terms41%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

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 202330 Jan 20243637%62%1%41%
01 Jan 2023 - 30 Jun 202328 Jul 20233539%59%2%36%
01 Jul 2022 - 31 Dec 202209 Jan 20233536%62%2%36%
01 Jan 2022 - 30 Jun 202214 Jul 20223632%67%1%48%
01 Jul 2021 - 31 Dec 202128 Jan 20223733%65%2%48%
01 Jan 2021 - 30 Jun 202128 Jul 20213734%63%3%47%
01 Jul 2020 - 31 Dec 202030 Jan 20213731%60%9%57%
01 Jan 2020 - 30 Jun 202023 Jul 20204330%62%8%48%
01 Jul 2019 - 31 Dec 201930 Jan 20203931%65%4%49%
01 Jan 2019 - 30 Jun 201930 Jul 20193933%64%3%49%
01 Jul 2018 - 31 Dec 201830 Jan 20193835%62%3%49%
01 Jan 2018 - 30 Jun 201830 Jul 20183742%53%5%85%

Company Summary

Churchill China (UK) Limited is a ceramics manufacturing company based in Stoke-on-Trent, England

They specialize in the production of high-quality tableware and giftware, using traditional techniques and modern technology

The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact

These include using eco-friendly materials in their production process, sourcing local materials to reduce carbon footprint, and implementing energy-efficient practices

Their product range includes a wide variety of ceramic tableware, including plates, bowls, mugs, and teapots

They also offer personalized products for special occasions and corporate gifts

Their products are known for their durability, design, and quality

The key people at Churchill China include the managing director, Alan McWalter, who has been with the company for over 30 years and has a wealth of experience in the ceramics industry

The company also has a team of highly skilled designers, craftsmen, and technicians who work together to create unique and innovative products

Customers can contact the company through their website, which also features an online store for easy and convenient shopping

The website also provides information on their sustainability program, product range, and company history

The registered office address for Churchill China (UK) Limited is Grange Lane, Stoke-on-Trent, Staffordshire, ST6 4LG, United Kingdom

Overall, Churchill China is a well-established and reputable company known for its quality products and commitment to sustainability

Company Review

Trend Analysis

The average time taken for CHURCHILL CHINA (UK) LIMITED to pay invoices has fluctuated over the past three periods, with a slight increase in the most recent period.

Volatility Analysis

The percentage of invoices paid within 30 days has remained relatively stable, with a slight decrease in the most recent period. However, there has been a significant increase in the percentage of invoices paid later than 60 days, as well as those not paid within agreed terms.

Summary Analysis

From 2018-01-01 to 2023-12-31, CHURCHILL CHINA (UK) LIMITED has seen a slight increase in the average time taken to pay invoices. However, there has also been a significant increase in the percentage of invoices paid later than 60 days and those not paid within agreed terms.

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 agreed with suppliers as part of the supplier onboarding process.

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

50

Dispute Resolution Process

Disputes are resolved through active discussion between the responsible individual who has requested the goods or services and their respective supplier contact, to arrive at a mutually acceptable conclusion.

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