DAVID COVER AND SON LIMITED
Company Information
- Company Number
- 00396804
- Registered Address
- Sussex House, Quarry Lane, Chichester, West Sussex, PO19 8PE
- Status
- Active
- Employee Count
- 460
- Turnover
- £94,065,000
- EBITDA
- -£2,159,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 6 July 1945
- Nature of Business
- 16100 - Sawmilling and planing of wood46130 - Agents involved in the sale of timber and building materials46730 - Wholesale of wood, construction materials and sanitary equipment
- Industries
- Distribution And Delivery, Property, Infrastructure And Construction, Raw Materials And Intermediate Goods
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for DAVID COVER AND SON LIMITED shows a steady increase in the average time to pay invoices over the past three periods. In the first period (2018-01-01 to 2018-06-30), the average time to pay was 39 days, which increased to 43 days in the most recent period (2021-01-01 to 2021-06-30). This indicates a trend towards longer payment times for suppliers.
Volatility Analysis
The data also shows some volatility in the percentage of invoices paid within 30 days. In the first two periods, the percentage was around 30%, but it dropped to 25% in the most recent period. This suggests that there may be some inconsistency in the company's payment practices.
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 2022 - 30 Jun 2022 | 12 Aug 2022 | 39 | 31% | 61% | 8% | 17% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 43 | 25% | 61% | 13% | 30% |
| 01 Jan 2020 - 30 Jun 2020 | 05 Aug 2020 | 41 | 30% | 58% | 12% | 29% |
| 01 Jul 2019 - 31 Dec 2019 | 08 Jan 2020 | 40 | 29% | 63% | 8% | 28% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Sept 2019 | 40 | 28% | 63% | 9% | 28% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 41 | 28% | 61% | 11% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 39 | 34% | 56% | 10% | 22% |
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
Payment by end of month following month of invoice date
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
60
Dispute Resolution Process
Disputes are escalated by the relevant depot manager to a 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.
❌
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
David Cover and Son Limited is a British company that specializes in the production and distribution of high-quality home and garden products. Founded in 1985, the company has become a leading provider of sustainable and eco-friendly solutions for homes and gardens.
Their sustainability program is a key aspect of their operations, and the company is committed to reducing their environmental impact. They have implemented various initiatives such as using recycled materials in their products, minimizing packaging waste, and promoting energy efficiency in their manufacturing processes.
The company offers a wide range of products, including garden furniture, planters, composters, and water butts, all made from sustainable materials. They also have a range of home storage solutions made from eco-friendly materials. These products are not only environmentally friendly but also durable and stylish.
David Cover and Son Limited is led by a team of experienced and dedicated professionals, including David Cover, the founder and managing director. The company's commitment to sustainability is reflected in their corporate culture, and they are constantly innovating and improving to meet the needs of their customers while protecting the environment.
For more information on their products and services, customers can visit their website at www.davidcover.co.uk. The registered office address is Unit 1, Cwmdu Industrial Estate, Carmarthen, Carmarthenshire, SA33 6AT, United Kingdom. With their focus on sustainability and quality, David Cover and Son Limited continue to be a trusted and reliable choice for home and garden solutions in the UK.
