SALDON PRODUCTS LIMITED
Company Information
- Company Number
- 00494829
- Registered Address
- 48b Pipers Road, Park Farm Industrial Estate, Redditch, Worcs, United Kingdom, B98 0HU
- Status
- Active — Active proposal to strike off
- Employee Count
- 220
- Turnover
- £46,625,000
- EBITDA
- £3,999,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 26 April 1951
- Nature of Business
- 27900 - Manufacture of other electrical equipment
- Industries
- Hardware
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
SALDON PRODUCTS LIMITED consistently settles invoices beyond a standard 30-day term, indicated by an average payment time of 44 days. A significant majority (76%) of payments fall within the 31-60 day range, suggesting a predictable pattern of extended payment cycles. Only 19% of payments are made within 30 days, demonstrating a clear trend away from prompt settlement.
Volatility Analysis
While the dominant payment window of 31-60 days (76%) offers some predictability, the 14% late payment rate introduces a notable element of unreliability. Additionally, 5% of payments extending beyond 60 days represents a specific risk factor for suppliers' short-term cash flow management. This indicates a moderate level of volatility in final payment dates despite the concentration in the middle bracket.
Summary Analysis
Suppliers should anticipate an average payment duration of 44 days, with most payments occurring between 31 and 60 days. Key decision factors include the high probability of extended payment terms and the 14% late payment rate which necessitates careful cash flow planning. To mitigate risk, consider setting payment expectations clearly or structuring terms to align with their typical 31-60 day cycle, while accounting for potential delays.
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 2022 - 31 Oct 2022 | 28 Nov 2022 | 42 | 22% | 73% | 5% | 13% |
| 01 Nov 2021 - 30 Apr 2022 | 13 May 2022 | 44 | 19% | 76% | 5% | 14% |
| 01 May 2021 - 31 Oct 2021 | 29 Nov 2021 | 44 | 18% | 76% | 6% | 16% |
| 01 Nov 2020 - 30 Apr 2021 | 25 May 2021 | 43 | 16% | 80% | 4% | 13% |
| 01 May 2020 - 31 Oct 2020 | 09 Dec 2020 | 42 | 20% | 74% | 6% | 12% |
| 01 Nov 2019 - 30 Apr 2020 | 18 May 2020 | 44 | 16% | 78% | 6% | 12% |
| 01 May 2019 - 31 Oct 2019 | 27 Nov 2019 | 45 | 11% | 83% | 6% | 13% |
| 01 Nov 2018 - 30 Apr 2019 | 10 May 2019 | 46 | 14% | 79% | 7% | 18% |
| 01 May 2018 - 31 Oct 2018 | 30 Nov 2018 | 42 | 20% | 76% | 4% | 17% |
| 01 Nov 2017 - 30 Apr 2018 | 12 Jun 2018 | 46 | 11% | 81% | 8% | 14% |
| 01 May 2017 - 31 Oct 2017 | 29 Nov 2017 | 41 | 38% | 56% | 6% | 9% |
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
End of Month following month 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
60
Dispute Resolution Process
Debit note raised against any portion of invoice in dispute.
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
SALDON PRODUCTS LIMITED is a Private limited Company that focuses on the provision of products. As a private limited company, it operates as an independent commercial entity within the UK market.
Incorporated on 26 April 1951, SALDON PRODUCTS LIMITED operates under company number 00494829. Its registered office is 48b Pipers Road, Park Farm Industrial Estate, Redditch, Worcs, United Kingdom, B98 0HU. The company is currently active, despite an active proposal to strike it off the register.
As a Private limited Company involved with products in the UK market, SALDON PRODUCTS LIMITED typically engages in activities such as manufacturing, sourcing, distributing, or selling a range of goods to consumers or businesses. Such organisations contribute to various sectors by bringing physical commodities to market.
