PANDROL LIMITED
Company Information
- Company Number
- 00521438
- Registered Address
- Bonemill Lane, Gateford Road, Worksop, Nottinghamshire, England, S81 7AX
- Status
- Active
- Employee Count
- 189
- Turnover
- £41,534,000
- EBITDA
- -£1,399,000
Additional Details
- Website
- https://www.pandrol.com/
- Company Type
- Private limited Company
- Incorporated On
- 4 July 1953
- Nature of Business
- 25990 - Manufacture of other fabricated metal products not elsewhere classified
- Industries
- Train Travel
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2022 - 31 Dec 2022 | 19 May 2023 | 44 | 16% | 72% | 12% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Nov 2022 | 48 | 18% | 70% | 12% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Aug 2022 | 47 | 15% | 70% | 15% | 5% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 45 | 16% | 73% | 11% | 4% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 47 | 16% | 71% | 13% | 0% |
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
A. UK Suppliers The standard payment term for Suppliers located in the United Kingdom is the first working day of the second month following the date of invoice (for example, invoices dated between 1st April and 30th April 2022 would be payable on 1st June 2022). On average this equates to a standard payment term of 46 days from date of invoice. As an exception to the standard payment terms, UK utility, telecommunications, local authority, vehicle leasing and certain professional services suppliers are paid within 30 days from the date of invoice. B. Overseas Suppliers The standard payment term for Suppliers located outside the United Kingdom is within the first five working days of the second month following the date of goods receipt (for example, invoices in respect of goods received between 1st April and 30th April 2022 would be payable by 7th June 2022). Dependent on the transit period this equates to a standard average payment term of between 45 and 80 days from date of invoice. As an exception to the standard payment terms, invoices from an Australian Group Company are payable at the end of the third month following the date of invoice (for example, invoices dated between 1st February and 28th February 2022 would be payable by 26th May 2022). On average this equates to a standard payment term of circa 100 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
100
Dispute Resolution Process
The Company has a dedicated Accounts Payable department that is contactable by phone (01909 476101) and email (accounts.payable@pandrol.com). Vendors with invoice or payment queries should contact this team in the first instance to discuss their issues. If the service team are unable to offer a satisfactory resolution the issue can be referred to either the Finance Controller or Finance Director.
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
PANDROL LIMITED is a leading company in the railway industry, providing innovative solutions for rail infrastructure. The company was founded in 1937 and is headquartered in London, with offices and manufacturing facilities in over 30 countries worldwide.
PANDROL LIMITED offers a wide range of products and services, including rail fastening systems, electrification systems, and concrete sleepers. These products are essential for the construction, maintenance, and upgrade of railway networks, ensuring safety and efficiency for passengers and freight.
The company has a strong focus on sustainability, which is reflected in its products and operations. PANDROL LIMITED promotes the use of environmentally friendly materials, such as recycled plastic, in its products and has implemented measures to reduce waste and energy consumption in its manufacturing processes. The company also works closely with customers to develop sustainable solutions for their specific needs.
PANDROL LIMITED's sustainability program also extends to its social responsibility, with initiatives to support local communities and promote diversity and inclusion within the company. The company is committed to creating a positive impact on society and minimizing its environmental footprint.
The key people at PANDROL LIMITED include CEO, Geoff Smith, and Chairman, Andrew Foster. They lead a team of dedicated professionals who are committed to delivering high-quality products and services to customers worldwide.
For more information on PANDROL LIMITED and its products and services, visit their website at www.pandrol.com. Their registered office address is at Unit 11, The Quadrangle, Premier Way, Romsey, Hampshire, SO51 9DL, United Kingdom.
