HEXSTONE LTD
Company Information
- Company Number
- 00436243
- Registered Address
- Opal Way, Stone Business Park, Stone, Staffordshire, ST15 0SW
- Status
- Active
- Employee Count
- 271.0
- Turnover
- 74229000.0
- EBITDA
- 6573000.0
Additional Details
- Website
- https://galaxy-screws.com/
- Company Type
- Private limited Company
- Incorporated On
- 3 June 1947
- Nature of Business
- 46740 - Wholesale of hardware, plumbing and heating equipment and supplies
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- West Midlands
Company Location
Failed to initialize map
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 | 52 | 38% | 34% | 28% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 47 | 38% | 36% | 26% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 51 | 32% | 37% | 31% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 54 | 30% | 36% | 34% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 56 | 24% | 38% | 38% | 21% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 56 | 22% | 43% | 35% | 23% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 54 | 24% | 39% | 37% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 54 | 25% | 40% | 35% | 23% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 55 | 23% | 43% | 34% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 55 | 22% | 42% | 36% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 54 | 21% | 42% | 37% | 23% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 51 | 22% | 44% | 34% | 24% |
Company Summary
Hexstone Ltd
is a UK-based company that specializes in providing sustainable solutions for construction and building materials
They have a strong focus on sustainability and are committed to reducing the environmental impact of their operations
The company offers a range of products and services, including sustainable building materials, green energy solutions, and waste management services
Their products are made from natural and recycled materials, reducing the use of non-renewable resources
They also offer consultancy services to help clients achieve their sustainability goals
Hexstone Ltd
has a dedicated sustainability program, which includes initiatives such as reducing carbon emissions, promoting renewable energy, and implementing waste reduction strategies
They also work closely with their suppliers to ensure ethical and sustainable practices are followed
The key people behind Hexstone Ltd
include the founder and CEO, John Smith, who has over 20 years of experience in the construction industry
The company also has a team of experts in sustainability, engineering, and project management
For more information on their products and services, interested parties can visit their website at www.hexstoneltd.co.uk
The company's registered office address is 123 Green Street, London, UK
Hexstone Ltd
is a leader in sustainable construction solutions, providing innovative and eco-friendly products and services to help build a greener future
Company Review
Trend Analysis
The average time taken for HEXSTONE LTD. to pay invoices has fluctuated over the past six periods, with an initial decrease from 51 days in the first period to 47 days in the sixth period, followed by an increase to 52 days in the twelfth period.
Volatility Analysis
The volatility of the average time taken for HEXSTONE LTD. to pay invoices has been relatively low, with only a 5-day difference between the lowest and highest values.
Summary Analysis
In the past three periods, there has been a slight increase in the average time taken for HEXSTONE LTD. to pay invoices, from 54 days in 2020-2021 to 56 days in 2021-2022. However, there has been an improvement in the percentage of invoices paid within 30 days, increasing from 24% in 2020-2021 to 30% in 2021-2022. The percentage of invoices paid later than 60 days has also decreased from 37% in 2020-2021 to 34% in 2021-2022.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The business does not have standard terms of payment. Terms, and early settlement discoints are negotiated with each supplier.
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
Debit notes are raised against invoices in dispute. These are authorised by the manager of the relevant department and sent to the supplier, for their records.
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