SUNBELT RENTALS LIMITED
Company Information
- Company Number
- 00444569
- Employee Count
- 4181.0
- Turnover
- 666622000.0
- EBITDA
- 178192000.0
Additional Details
- Website
- https://aircon247.com/
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- London
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 May 2023 - 31 Oct 2023 | 24 Nov 2023 | 38 | 36% | 58% | 6% | 15% |
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 39 | 34% | 59% | 7% | 15% |
| 01 May 2022 - 31 Oct 2022 | 29 Nov 2022 | 40 | 28% | 62% | 10% | 20% |
| 01 Nov 2021 - 30 Apr 2022 | 27 May 2022 | 40 | 26% | 60% | 14% | 24% |
| 01 May 2021 - 31 Oct 2021 | 29 Nov 2021 | 41 | 24% | 63% | 13% | 27% |
| 01 Nov 2020 - 30 Apr 2021 | 27 May 2021 | 39 | 26% | 64% | 10% | 24% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 40 | 26% | 66% | 8% | 17% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 44 | 23% | 56% | 21% | 15% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 48 | 27% | 21% | 53% | 19% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 55 | 21% | 20% | 59% | 54% |
| 01 May 2018 - 31 Oct 2018 | 23 Nov 2018 | 57 | 17% | 19% | 64% | 74% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 60 | 13% | 23% | 64% | 79% |
| 01 May 2017 - 31 Oct 2017 | 29 Nov 2017 | 63 | 7% | 21% | 72% | 92% |
Company Summary
SUNBELT RENTALS LIMITED is a UK-based company that offers equipment rental services for various industries such as construction, infrastructure, and events
The company was founded in 1983 and has grown to become one of the largest equipment rental companies in the UK
Their sustainability program focuses on reducing their carbon footprint and promoting environmental responsibility
They have implemented various initiatives such as using energy-efficient equipment, reducing waste, and promoting recycling
They also offer training and resources to their employees to raise awareness about sustainability
The company offers a wide range of products and services, including construction equipment, power and lighting, tools and accessories, and event equipment
They have a large inventory of well-maintained equipment to meet the diverse needs of their customers
They also provide 24/7 customer support and on-site delivery services
The key people in SUNBELT RENTALS LIMITED include Andy Wright, the Managing Director, and Chris Hawkins, the Chief Financial Officer
They have a team of experienced professionals who are dedicated to providing high-quality services to their customers
Their website address is www.sunbeltrentals.co.uk and their registered office address is 102 Dalton Avenue, Birchwood Park, Warrington, Cheshire WA3 6YE, United Kingdom
Customers can also contact them via phone at 0800 096 9866 or email at info@sunbeltrentals.co.uk for any inquiries or rental requests
Company Review
Trend Analysis
The average time taken for SUNBELT RENTALS LIMITED to pay invoices has gradually decreased over the past three periods, from 63 days in 2017-10-31 to 38 days in 2023-10-31.
Volatility Analysis
The volatility of SUNBELT RENTALS LIMITED's invoice payment has fluctuated over the past three periods, with the highest volatility being in 2019-04-30 when 21% of invoices were paid later than 60 days.
Summary Analysis
SUNBELT RENTALS LIMITED has shown a consistent decrease in the average time taken to pay invoices over the past three periods, with a 23% decrease from 2017-05-01 to 2023-10-31. The percentage of invoices paid within 30 days has also increased by 29% during this time period. However, there has been an increase in the percentage of invoices paid between 31 and 60 days, which peaked at 66% in 2020-10-31. The worst period for SUNBELT RENTALS LIMITED in terms of late payments was 2019-04-30, when 21% of invoices were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The Company negotiates and agrees payment terms with its suppliers as one element of its procurement process. As a result, payment terms vary by supplier. The most common payment term in place is 30 days.
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
Supplier invoices and payments are managed by the Accounts Payable team at Sunbelt Rentals Limited’s Support Office at 102 Dalton Avenue, Birchwood Park, Birchwood, Warrington, WA3 6YE (tel: 01925 281000). Disputed invoices will be notified to the supplier by the individual who initiated the purchase transaction to ensure that they are investigated in a timely manner and resolved. Invoiced items that are subject to dispute will not be paid until resolution of the dispute, whereupon payment shall be made in accordance with this policy.
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