GOODWIN INTERNATIONAL LIMITED
Company Information
- Company Number
- 00468115
- Registered Address
- Ivy House Foundry, Hanley, Stoke On Trent, ST1 3NR
- Status
- Active
- Employee Count
- 353
- Turnover
- £71,608,000
- EBITDA
- £11,753,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 May 1949
- Nature of Business
- 28131 - Manufacture of pumps28140 - Manufacture of taps and valves28290 - Manufacture of other general-purpose machinery not elsewhere classified
- Industries
- Manufacturing, Raw Materials And Intermediate Goods
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
GOODWIN INTERNATIONAL LIMITED typically pays within 31-60 days, as evidenced by their 40-day average payment time and 61% of payments falling into this window. Only 33% of invoices are settled within 30 days, indicating a clear trend towards payment beyond typical net-30 terms.
Volatility Analysis
While the majority of payments are predictable within the 31-60 day range, the 26% late payment rate introduces a notable degree of unreliability for a quarter of transactions. Furthermore, 6% of payments extending beyond 60 days signifies a material risk of prolonged delays, impacting cash flow predictability.
Summary Analysis
Suppliers should anticipate payments to generally extend beyond 30 days, with a significant portion experiencing late settlement. It is recommended to establish clear payment terms reflecting a net-45 or net-60 expectation and closely monitor early transactions to mitigate potential cash flow strains.
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 Nov 2024 - 30 Apr 2025 | 30 May 2025 | 40 | 33% | 61% | 6% | 26% |
| 01 May 2024 - 31 Oct 2024 | 29 Nov 2024 | 41 | 28% | 63% | 9% | 29% |
| 01 Nov 2023 - 30 Apr 2024 | 31 May 2024 | 41 | 27% | 64% | 9% | 32% |
| 01 May 2023 - 31 Oct 2023 | 30 Nov 2023 | 46 | 19% | 63% | 18% | 49% |
| 01 Nov 2022 - 30 Apr 2023 | 25 May 2023 | 53 | 15% | 69% | 16% | 57% |
| 01 May 2022 - 31 Oct 2022 | 30 Nov 2022 | 53 | 15% | 62% | 23% | 54% |
| 01 Nov 2021 - 30 Apr 2022 | 26 May 2022 | 52 | 15% | 64% | 21% | 53% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 53 | 13% | 68% | 19% | 54% |
| 01 Nov 2020 - 30 Apr 2021 | 28 May 2021 | 53 | 11% | 65% | 24% | 69% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 51 | 13% | 67% | 20% | 64% |
| 01 Nov 2019 - 30 Apr 2020 | 28 May 2020 | 50 | 27% | 51% | 22% | 44% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 61 | 14% | 51% | 35% | 69% |
| 01 Nov 2018 - 30 Apr 2019 | 29 May 2019 | 56 | 15% | 56% | 29% | 62% |
| 01 May 2018 - 31 Oct 2018 | 28 Nov 2018 | 51 | 12% | 65% | 23% | 74% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 59 | 9% | 66% | 25% | 78% |
| 01 May 2017 - 31 Oct 2017 | 30 Nov 2017 | 56 | 9% | 61% | 30% | 84% |
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
30 days from date of invoice 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
We feel the report is missing the point on payments. What matters is not whether an invoice is paid 30, 60 or more days from the invoice date, but whether the payment is 30, 60 or more beyond the agreed payment terms.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Disputes are resolved by active discussion between the operational manager who requests the goods or services and their respective contact at the supplier. Dispute resolution represents the vast majority of invoices which are paid later than 60 days.
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
GOODWIN INTERNATIONAL LIMITED is an active private limited company. As a limited liability organisation, its name indicates an international operational focus. The company's registered office is situated at Ivy House Foundry.
The company is formally registered in the UK under company number 00468115. It was incorporated on 5 May 1949 and is based in the West Midlands, with its full registered office address at Ivy House Foundry, Hanley, Stoke On Trent, ST1 3NR.
Companies operating from a foundry location typically specialise in metal casting processes. These operations involve producing components from various metals through techniques such as sand casting, die casting, or investment casting, supplying sectors including engineering, automotive, and construction.
