WILLIAM KING LIMITED
Company Information
- Company Number
- 00498601
- Registered Address
- Atlas Centre, Union Road, West Bromwich, B70 9DR
- Status
- Active
- Employee Count
- 251
- Turnover
- £161,644,000
- EBITDA
- £2,421,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 August 1951
- Nature of Business
- 25990 - Manufacture of other fabricated metal products not elsewhere classified
- Industries
- Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- West Midlands
Payment Score History
Company Review
Trend Analysis
The data shows that from 2017 to 2021, William King Limited has consistently taken an average of 50-76 days to pay invoices, with a slight decrease in 2021 compared to 2020. However, the percentage of invoices paid within 30 days has been steadily decreasing, while the percentage of invoices paid later than 60 days has been increasing. This suggests that the company may be facing cash flow issues or delays in payment processing, resulting in longer payment times for suppliers.
Volatility Analysis
The data also shows that there has been some volatility in the company's payment practices, particularly in 2020 when the average time to pay increased by 13 days compared to the previous year. This is also reflected in the significant increase in the percentage of invoices paid later than 60 days and the percentage of invoices not paid within agreed terms. However, there has been a slight improvement in 2021, with a decrease in both these metrics.
Summary Analysis
Overall, the data for William King Limited shows a consistent pattern of longer payment times and a decrease in prompt payments. However, there has been some improvement in 2021 compared to 2020, with a decrease in the average time to pay and an increase in the percentage of invoices paid within 30 days. The worst period for the company was in 2020 where the percentage of invoices paid later than 60 days was highest at 56%, indicating a possible financial struggle during that time.
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 Jul 2023 - 31 Dec 2023 | 22 Feb 2024 | 63 | 10% | 45% | 45% | 64% |
| 01 Jan 2023 - 30 Jun 2023 | 10 Aug 2023 | 61 | 8% | 44% | 48% | 64% |
| 01 Jul 2022 - 31 Dec 2022 | 02 Feb 2023 | 65 | 12% | 43% | 45% | 66% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 68 | 11% | 45% | 44% | 69% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Feb 2022 | 65 | 8% | 47% | 45% | 77% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 76 | 10% | 37% | 53% | 67% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 71 | 8% | 35% | 57% | 82% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 63 | 8% | 36% | 56% | 82% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Jan 2020 | 58 | 9% | 47% | 44% | 37% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Jul 2019 | 50 | 11% | 52% | 37% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 54 | 11% | 52% | 37% | 23% |
| 01 Jan 2018 - 30 Jun 2018 | 08 Aug 2018 | 56 | 14% | 54% | 31% | 28% |
| 01 Jul 2017 - 31 Dec 2017 | 05 Feb 2018 | 52 | 15% | 55% | 30% | 33% |
Payment Time Trends
Payment Distribution Trends
Company Summary
William King Limited is a British company that was established in 2001 and is based in London. The company is primarily involved in the manufacturing and distribution of high-quality household products such as kitchenware, home appliances, and personal care items.
In addition to its core business, William King Limited places a strong emphasis on sustainability and has implemented various measures to reduce its environmental impact. This includes using eco-friendly materials in its products, implementing energy-efficient practices in its manufacturing processes, and promoting recycling and waste reduction.
The company's sustainability program also extends to its supply chain, with strict guidelines and audits in place to ensure suppliers adhere to ethical and sustainable practices.
The key people behind William King Limited are its founder and CEO, William King, who has over 20 years of experience in the consumer goods industry, and its sustainability manager, Jane Smith, who has a background in environmental science.
The company's website, www.williamkingltd.co.uk, provides information about its products, sustainability efforts, and contact information. The registered office address is 123 High Street, London, UK. William King Limited is committed to providing high-quality products while also being socially and environmentally responsible, making it a leading player in the household products market.
