HEATHCOAT FABRICS LIMITED

PaymentCheck Score 2025
48Poor
20.3vs last year
#3750 in UK
#152 in Creative
#187 in South West

Company Information

Company Number
00450787
Employee Count
447
Turnover
£73,082,000
EBITDA
£11,230,000

Additional Details

Industries
Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
Region
South West

Time to Pay

Average Time to Pay
39 days
Shortest Period:14 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
59%
31-60 Days
34%
After 60 Days
7%
Not Paid Within Terms30%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-12-02
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202502 Jun 20254735%53%12%58%
01 Dec 2023 - 31 May 202404 Jun 20243959%34%7%23%
01 Jun 2023 - 30 Nov 202313 Dec 20233566%29%5%24%
01 Dec 2022 - 31 May 202331 May 20233566%28%6%11%
01 Dec 2021 - 31 May 202207 Jun 20224247%44%9%33%
01 Jun 2021 - 30 Nov 202115 Dec 20214347%42%11%43%
01 Dec 2020 - 31 May 202124 Jun 20214446%42%12%40%
01 Dec 2018 - 31 May 201906 Jun 20194539%48%13%50%
01 Jun 2017 - 30 Nov 201715 Dec 20175717%56%27%67%

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

60 days from date of invoice

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

Any dispute or concern should be raised with the Accounts Payable team, for which all suppliers have contact details.  The Accounts Payable team will escalate where applicable to the Finance Manager, the relevant Divisional Management, and the Finance Director where necessary.

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

HEATHCOAT FABRICS LIMITED is a leading textile manufacturing company based in Tiverton, Devon. They have been in operation since 1808 and have a strong focus on sustainability and innovation.

The company offers a wide range of products including technical textiles, engineered textiles, and performance fabrics, catering to various industries such as aerospace, defense, healthcare, and sports. Their products are known for their high-quality, durability, and eco-friendliness.

HEATHCOAT FABRICS LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in renewable energy sources, reduced water consumption, and implemented recycling programs. They also use sustainable materials and production processes to minimize waste.

The key people leading the company include Managing Director, John Heathcoat-Amory, and Chairman, Richard Heathcoat-Amory. They are supported by a team of experienced professionals who are dedicated to driving the company's success.

To contact HEATHCOAT FABRICS LIMITED, you can visit their website at www.heathcoat.co.uk or reach out to their registered office at Clay Lane, Tiverton, Devon, EX16 5HP. Their website also provides detailed information on their products, services, and sustainability initiatives.

In summary, HEATHCOAT FABRICS LIMITED is a reputable textile manufacturing company with a strong focus on sustainability and innovation. They offer a diverse range of high-quality products and are led by a team of experienced professionals. Their commitment to sustainability and eco-friendly practices sets them apart in the industry.

Financial Metrics

Cash
£6,218,000
Net Worth
£31,622,000
Total Current Assets
£42,756,000
Total Current Liabilities
£19,186,000