FW THORPE PUBLIC LIMITED COMPANY
Company Information
- Company Number
- 00317886
- Registered Address
- Merse Road, North Moons Moat, Redditch, B98 9HH
- Status
- Active
- Employee Count
- 944.0
- Turnover
- 176749000.0
- EBITDA
- 36575000.0
Additional Details
- Website
- https://fwthorpe.co.uk/
- 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
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 37 | 30% | 64% | 6% | 94% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 37 | 31% | 63% | 6% | 94% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 36 | 34% | 62% | 4% | 94% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 34 | 36% | 60% | 4% | 93% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 32 | 49% | 46% | 5% | 87% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 29 | 52% | 45% | 3% | 85% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 31 | 47% | 52% | 1% | 91% |
| 01 Jan 2020 - 30 Jun 2020 | 17 Jul 2020 | 30 | 51% | 47% | 2% | 86% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Jan 2020 | 32 | 45% | 53% | 2% | 92% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 31 | 48% | 50% | 2% | 76% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 32 | 43% | 55% | 2% | 92% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 30 | 51% | 47% | 2% | 90% |
| 01 Jul 2017 - 31 Dec 2017 | 29 Jan 2018 | 32 | 49% | 50% | 1% | 84% |
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
Company Review
Trend Analysis
The average time to pay for F.W. THORPE PUBLIC LIMITED COMPANY has fluctuated between 29 to 37 days over the past 6 years. The company's best period for paying invoices on time was in 2018-2019, when 51% of invoices were paid within 30 days. However, there has been a recent increase in the percentage of invoices paid later than 60 days, with a peak of 6% in 2023.
Volatility Analysis
The volatility for F.W. THORPE PUBLIC LIMITED COMPANY has been relatively stable, with the average time to pay ranging from 29 to 37 days and the percentage of invoices not paid within agreed terms ranging from 76% to 94%.
Summary Analysis
F.W. THORPE PUBLIC LIMITED COMPANY has maintained an average time to pay of 31 days over the past 3 periods, with a slight decrease in 2022 and 2023. The company has also consistently paid a majority of invoices within 30 days, with a high of 52% in 2021. However, there has been an increase in the percentage of invoices paid later than 60 days, reaching a high of 6% in 2023. The company's shortest (or only) standard payment period remains at 7 days.
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 within 60 days of the date of a correctly rendered invoice
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
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.
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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.
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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.
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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
