AALBERTS INTEGRATED PIPING SYSTEMS LIMITED

Company Information

Company Number
00401507
Registered Address
Belmont Works, St. Catherines Avenue, Doncaster, South Yorkshire, DN4 8DF
Status
Active
Employee Count
321.0
Turnover
123685000.0
EBITDA
4856000.0

Additional Details

Company Type
Private limited Company
Incorporated On
5 December 1945
Nature of Business
25990 - Manufacture of other fabricated metal products not elsewhere classified
Industries
0
Region
Yorkshire and The Humber

Company Location

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Financial Metrics

Cash
£1,121,000.00
Net Worth
£79,197,000.00
Total Current Assets
£136,151,000.00
Total Current Liabilities
£61,978,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-30

Time to Pay

Average Time to Pay
50 days
Shortest Period:1 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
23%
31-60 Days
45%
After 60 Days
32%
Not Paid Within Terms12%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202330 Jan 20245023%45%32%12%
01 Jan 2023 - 30 Jun 202328 Jul 20234926%47%27%26%
01 Jul 2022 - 31 Dec 202227 Jan 20235323%44%33%26%
01 Jan 2022 - 30 Jun 202221 Jul 20225419%45%36%32%
01 Jul 2021 - 31 Dec 202107 Feb 20226617%48%36%43%
01 Jul 2020 - 21 Dec 202029 Jan 20216515%49%36%45%
01 Jan 2020 - 30 Jun 202031 Jul 20205816%42%42%30%
01 Jun 2019 - 31 Dec 201918 Feb 20206020%32%48%26%
01 Jan 2019 - 30 Jun 201931 Jul 2019495%46%49%18%
01 Jul 2018 - 31 Dec 201817 Jul 20195914%41%45%70%
01 Jan 2018 - 30 Jun 201825 Jul 20184524%53%23%21%

Company Summary

AALBERTS INTEGRATED PIPING SYSTEMS LIMITED is a leading provider of integrated piping solutions in the United Kingdom

The company specializes in designing, manufacturing, and installing piping systems for various industries, including HVAC, plumbing, and industrial applications

Their sustainability program is focused on reducing their carbon footprint and promoting eco-friendly practices

They have implemented energy-efficient measures in their manufacturing processes and utilize sustainable materials in their products

AALBERTS also offers a recycling program for their customers, encouraging the reuse of materials

The company's product range includes pipes, fittings, valves, and other components, all designed to meet the highest quality standards

Their products are known for their durability, reliability, and ease of installation, making them a popular choice among customers

The key people at AALBERTS INTEGRATED PIPING SYSTEMS LIMITED include their managing director, Richard Besant, who has over 20 years of experience in the industry, and their technical director, James Evans, who has expertise in designing and engineering piping systems

For more information on their products and services, customers can visit their website at www.aalberts-ips.co.uk

The registered office address for the company is Unit 3, The Quadrangle, Premier Way, Romsey, Hampshire, SO51 9DL

AALBERTS also has several branches across the UK, providing easy access to their services for customers nationwide

Company Review

Trend Analysis

The average time taken for AALBERTS INTEGRATED PIPING SYSTEMS LIMITED to pay invoices has fluctuated over the past three years, with a peak in 2018 and 2020 and a decrease in 2019. However, there has been an overall decrease in the average time taken to pay invoices from 2018 to 2023.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days has been relatively stable, with a slight increase in 2022. However, there has been a significant increase in the percentage of invoices paid later than 60 days in 2020 and 2023 compared to the previous years.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Standard terms are 60 days end of month, unless agreed beforehand, Suppliers from the Far east have longer terms due to time taken for goods to reach the UK

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

120

Dispute Resolution Process

Contact made to supplier within the suppliers terms timeframe with regards to dispute. Dispute usually settled by means of a credit note.

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