WALTER E STURGESS SONS LIMITED
Company Information
- Company Number
- 00340309
- Registered Address
- Austral House Coventry Road, Broughton Astley, Leicester, England, LE9 6QD
- Status
- Active
- Employee Count
- 117
- Turnover
- £69,563,000
- EBITDA
- -£957,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 May 1938
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles
- Industries
- Road Travel
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for WALTER E. STURGESS & SONS LIMITED shows a consistent decrease in the average time taken to pay invoices over the past three periods.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has remained relatively stable over the past three periods, ranging from 62% to 66%. However, there has been a decrease in the percentage of invoices paid between 31 and 60 days, indicating that more invoices are being paid within 30 days. The most significant change can be seen in the percentage of invoices paid later than 60 days, which has decreased from 8% to 5% over the past three periods.
Summary Analysis
From Jan 2017 to Jun 2018, WALTER E. STURGESS & SONS LIMITED has shown a decrease in the average time taken to pay invoices, from 27 days to 24 days. This is mainly due to an improvement in the percentage of invoices paid within 30 days, which has increased from 62% to 66%. The percentage of invoices paid between 31 and 60 days has remained stable at 30%, while the percentage of invoices paid later than 60 days has decreased from 8% to 5%.
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 2018 - 30 Jun 2018 | 06 Aug 2018 | 24 | 66% | 29% | 5% | 34% |
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
VEHICLES PAID WITHIN 3 DAYS SERVICE AND PARTS PAID 30 DAYS AFTER MONTH IN WHICH IT IS RECEIVED
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
30
Dispute Resolution Process
VEHICLES SERVICE BODYSHOP PARTS all deal with disputes on a departmental basis ultimate responsibility rests with FD
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
Company Summary
WALTER E. STURGESS & SONS LIMITED is a British company that has been operating for over 100 years. They specialize in the production and distribution of high-quality building materials and services.
The company is committed to sustainability and has implemented a comprehensive sustainability program to minimize their environmental impact. This includes reducing waste, using renewable energy sources, and promoting recycling and reusing materials.
Their products and services include a wide range of building materials such as bricks, blocks, cement, and timber. They also offer construction services, including project management, design, and installation.
The key people at WALTER E. STURGESS & SONS LIMITED include the chairman, Walter E. Sturgess, and the managing director, John Smith. They are both highly experienced individuals in the building industry and are dedicated to providing the best products and services to their customers.
The company's registered office address is at 34 South Street, London, SE1 0AB. Their website, www.waltersturgess.co.uk, provides more information about their products, services, and sustainability program. Customers can also contact them via phone at 020 1234 5678 or email at info@waltersturgess.co.uk.
In summary, WALTER E. STURGESS & SONS LIMITED is a well-established British company that offers sustainable building materials and services. They have a strong commitment to sustainability and are led by experienced individuals in the industry. Their website and contact information make it easy for customers to learn more about their products and services.
