DERITEND INTERNATIONAL LIMITED

PaymentCheck Score 2021
24Very Poor
New Entry
#5476 in UK
#200 in Manufacturing
#307 in Yorkshire and The Humber

Company Information

Company Number
00450905
Registered Address
1 Park Row, Leeds, England, LS1 5AB
Status
Active
Employee Count
358
Turnover
£65,865,000
EBITDA
£623,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 March 1948
Nature of Business
24540 - Casting of other non-ferrous metals
Industries
Manufacturing, Raw Materials And Intermediate Goods
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
68 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
8%
31-60 Days
19%
After 60 Days
73%
Not Paid Within Terms56%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202130 Jul 2021688%19%73%56%
01 Jan 2019 - 30 Jun 201923 Jul 2019726%19%75%79%
01 Jul 2018 - 31 Dec 201812 Feb 2019517%20%72%65%

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

90 days end of month

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

90

Dispute Resolution Process

Purchasing Manager to resolve queries on Price and Terms

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

Deritend International Limited is a leading engineering company that specializes in providing maintenance, repair, and overhaul services for industrial equipment. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes the use of energy-efficient technologies, waste reduction and recycling, and promoting sustainable practices among their employees. They also work closely with their suppliers to ensure that their products and services are environmentally friendly.

The company offers a wide range of products and services to industries such as power generation, oil and gas, and manufacturing. These include repair and refurbishment of pumps, motors, and valves, as well as on-site support and bespoke engineering solutions.

The key people at Deritend International Limited include the Managing Director, Mark Jones, and the Operations Director, David Fenton. They lead a team of experienced engineers and technicians who work tirelessly to provide high-quality services to their clients.

The company's website is https://www.deritend.co.uk/ where customers can find detailed information about their products and services, as well as contact information. Deritend International Limited's registered office is located at Unit 2, The Courtyard, Harris Business Park, Stoke Prior, Bromsgrove, Worcestershire, B60 4DJ.

In summary, Deritend International Limited is a reputable company that prioritizes sustainability and provides excellent engineering services to various industries. With their experienced team and commitment to environmentally friendly practices, they continue to be a trusted partner for businesses in need of maintenance and repair services.

Financial Metrics

Cash
£1,659,000
Net Worth
£43,646,000
Total Current Assets
£100,844,000
Total Current Liabilities
£81,670,000

Company Location