VALE MILL (ROCHDALE) LIMITED
Company Information
- Company Number
- 00365230
- Registered Address
- Vale Mill, John Street, Rochdale, Lancs, OL16 1HR
- Status
- Active
- Employee Count
- 270
- Turnover
- £40,095,000
- EBITDA
- £2,689,000
Additional Details
- Website
- https://www.alfresia.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 6 February 1941
- Nature of Business
- 13990 - Manufacture of other textiles not elsewhere classified22290 - Manufacture of other plastic products24330 - Cold forming or folding32990 - Other manufacturing not elsewhere classified
- Industries
- Commerce Models, Healthcare And Wellbeing, Property-related Goods And Services
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
VALE MILL (ROCHDALE) LIMITED exhibits an average payment time of 35 days, indicating a consistent trend where most payments exceed standard 30-day terms. While 40% pay within 30 days, the majority (51%) fall into the 31-60 day bracket, pointing towards a habitual pattern of extended payment cycles.
Volatility Analysis
The 15% overall late payment rate introduces a moderate level of unpredictability regarding payment reliability. Furthermore, 9% of payments extending beyond 60 days signifies a tangible risk of significant delays for a subset of invoices, impacting supplier cash flow predictability.
Summary Analysis
Suppliers should approach VALE MILL with caution, factoring in the average 35-day payment term and the 15% late payment rate. It is advisable to consider negotiating stricter payment terms or requesting partial upfront payment for initial orders to mitigate the risk posed by potential lengthy delays, especially given the 9% of payments exceeding 60 days.
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 |
|---|---|---|---|---|---|---|
| 30 Sept 2023 - 30 Mar 2024 | 06 Aug 2024 | 42 | 50% | 40% | 10% | 22% |
| 01 Apr 2019 - 30 Sept 2019 | 14 Nov 2019 | 35 | 40% | 51% | 9% | 15% |
| 01 Oct 2018 - 31 Mar 2019 | 14 May 2019 | 35 | 44% | 48% | 8% | 16% |
| 31 Mar 2018 - 30 Sept 2018 | 04 Dec 2018 | 41 | 30% | 63% | 7% | 11% |
| 30 Sept 2017 - 30 Mar 2018 | 24 Apr 2018 | 43 | 26% | 63% | 11% | 16% |
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
Normal 60 days from end of month. Some foreign suppliers cash before delivery. Some foreign suppliers deposit with order.
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
120
Dispute Resolution Process
A complaint or concern will be considered by the Financial Controller usually within two weeks. If no resolution is found then the next step would be to escalate the complaint to the Finance Director.
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?
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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
VALE MILL (ROCHDALE) LIMITED is an active private limited company. Its name, which includes 'Vale Mill', signifies an association with a mill premises or related operations.
The company is registered in the UK under company number 00365230. It was incorporated on 6 February 1941 and is located in the North West of England, with its registered office at Vale Mill, John Street, Rochdale, Lancs, OL16 1HR.
As a private limited company, organisations like VALE MILL (ROCHDALE) LIMITED typically undertake diverse commercial activities. These may range from manufacturing, service provision, or property management to investment, with the primary benefit of offering limited liability to their shareholders.
