F.W. THORPE PUBLIC LIMITED COMPANY

PaymentCheck Score 2025
60Fair
7.7vs last year
#3037 in UK
#305 in Property
#158 in West Midlands

Company Information

Company Number
00317886
Registered Address
Merse Road, North Moons Moat, Redditch, B98 9HH
Status
Active
Employee Count
944
Turnover
£176,749,000
EBITDA
£36,575,000

Additional Details

Company Type
Public limited Company
Incorporated On
26 August 1936
Nature of Business
27400 - Manufacture of electric lighting equipment
27900 - Manufacture of other electrical equipment
Industries
Property,Infrastructure And Construction
Region
West Midlands

Time to Pay

Average Time to Pay
30 days
Shortest Period:7 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
50%
31-60 Days
47%
After 60 Days
3%
Not Paid Within Terms95%

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: 2025-01-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202510 Jul 20252759%39%2%92%
01 Jul 2024 - 31 Dec 202415 Jan 20253050%47%3%95%
01 Jan 2024 - 30 Jun 202430 Jul 20243440%55%5%88%
01 Jul 2023 - 31 Dec 202330 Jan 20243730%64%6%94%
01 Jan 2023 - 30 Jun 202326 Jul 20233731%63%6%94%
01 Jan 2022 - 30 Jun 202220 Jul 20223436%60%4%93%
01 Jul 2021 - 31 Dec 202124 Jan 20223249%46%5%87%
01 Jan 2021 - 30 Jun 202127 Jul 20212952%45%3%85%
01 Jul 2020 - 31 Dec 202018 Jan 20213147%52%1%91%
01 Jan 2019 - 30 Jun 201930 Jul 20193148%50%2%76%
01 Jan 2018 - 30 Jun 201831 Jul 20183051%47%2%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

The business’ standard payment terms are within 60 days of the date of a correctly rendered invoice The maximum contractual payment period was 90 days There were no changes to the standard payment terms during the reporting period

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

90

Dispute Resolution Process

Any disputes are resolved by negotiation between the parties concerned to arrive at a mutually acceptable conclusion. Initially this will be between the people dealing with the goods or service in dispute and escalated upwards, ultimately to Directors of both parties if no resolution has been reached.

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

F.W. Thorpe Public Limited Company is a British company that specializes in the design, manufacture, and sale of professional lighting products. The company was founded in 1936 and is headquartered in Redditch, Worcestershire, England.

The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact. This includes using energy-efficient lighting in its products, implementing a recycling program for its waste materials, and promoting sustainable practices in its supply chain.

F.W. Thorpe offers a wide range of lighting products for various applications, including commercial, industrial, and architectural lighting. Their products are known for their high quality, energy efficiency, and innovative designs. The company also offers lighting design services to its customers, helping them create customized lighting solutions for their specific needs.

The key people at F.W. Thorpe include CEO Craig Muncaster, who has been with the company since 1995, and Chairman Andrew Thorpe, a fourth-generation member of the founding family. The company has a team of experienced engineers, designers, and technicians who are dedicated to delivering top-quality products and services to their customers.

For more information on F.W. Thorpe and its products and services, you can visit their website at www.fwthorpe.co.uk. The registered office address of the company is Bridge House, Bridge Street, Redditch, Worcestershire, B98 8TE, United Kingdom. You can also contact the company via phone at +44 (0)1527 583200 or email at sales@fwthorpe.co.uk.

Financial Metrics

Cash
£35,013,000
Net Worth
£89,450,000
Total Current Assets
£105,453,000
Total Current Liabilities
£40,847,000

Company Location