NORCROS GROUP (HOLDINGS) LIMITED
Company Information
- Company Number
- 00566694
- Registered Address
- Ladyfield House, Station Road, Wilmslow, Cheshire, SK9 1BU
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 29 May 1956
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average payment time for NORCROS GROUP is 46 days, with only 30% of invoices settled within 30 days, indicating a consistent delay. A substantial 44% of payments occur between 31-60 days, establishing a clear trend of extended payment cycles for suppliers. This trajectory suggests a company that reliably pays beyond standard 30-day terms.
Volatility Analysis
With 57% of payments being late and an average payment time of 46 days, NORCROS GROUP exhibits low reliability for timely settlements. The significant 26% of payments exceeding 60 days introduces a degree of unpredictability regarding the maximum payment duration. Suppliers face a considerable risk of cash flow disruption due to these consistent payment delays.
Summary Analysis
Given the consistent delays and high percentage of late payments, suppliers should approach NORCROS GROUP with caution, factoring in extended payment cycles. Key decision factors include managing potential cash flow impacts and ensuring adequate working capital to cover payment lead times. Mitigation strategies could involve negotiating shorter payment terms or adjusting credit limits to reflect the increased risk.
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 Apr 2025 - 30 Sept 2025 | 31 Oct 2025 | 46 | 30% | 44% | 26% | 57% |
| 01 Oct 2024 - 31 Mar 2025 | 22 Apr 2025 | 42 | 38% | 38% | 24% | 70% |
| 01 Apr 2024 - 30 Sept 2024 | 23 Oct 2024 | 47 | 31% | 42% | 27% | 67% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 54 | 28% | 40% | 33% | 68% |
| 01 Apr 2023 - 30 Sept 2023 | 18 Oct 2023 | 54 | 23% | 43% | 34% | 69% |
| 01 Oct 2022 - 31 Mar 2023 | 25 Apr 2023 | 51 | 27% | 41% | 32% | 67% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 56 | 21% | 38% | 41% | 70% |
| 01 Oct 2021 - 31 Mar 2022 | 21 Apr 2022 | 58 | 20% | 36% | 44% | 72% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 57 | 20% | 36% | 44% | 75% |
| 01 Oct 2020 - 31 Mar 2021 | 07 Jun 2021 | 61 | 19% | 36% | 45% | 70% |
| 01 Apr 2020 - 30 Sept 2020 | 09 Dec 2020 | 61 | 19% | 32% | 49% | 76% |
| 01 Oct 2019 - 31 Mar 2020 | 07 Sept 2020 | 57 | 19% | 35% | 46% | 66% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 57 | 20% | 35% | 46% | 75% |
| 01 Sept 2018 - 31 Mar 2019 | 29 Apr 2019 | 54 | 22% | 37% | 41% | 80% |
| 01 Apr 2018 - 30 Sept 2018 | 24 Oct 2018 | 56 | 20% | 40% | 40% | 81% |
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
Norcros Group (Holdings) Limited operates in the UK across six autonomous divisions each having its own standard payment terms. International suppliers may have longer payment terms based on the time taken to deliver the goods. Variations to these standard payment terms are by exception only, and only applied when negotiated and agreed by both parties.
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
150
Dispute Resolution Process
Invoices are matched on receipt and disputed invoices are notified to the supplier. Disputes are managed directly with the supplier and resolved items are reprocessed.
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.
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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
NORCROS GROUP (HOLDINGS) LIMITED is an active private limited company that functions as a holding company
This structure indicates its primary role involves owning and managing other businesses within a group
This entity is registered in the UK with company number 00566694 and has been active since its incorporation on 29 May 1956
Its registered office is located at Ladyfield House, Station Road, Wilmslow, Cheshire, SK9 1BU, within the North West region
As a holding company, NORCROS GROUP (HOLDINGS) LIMITED typically provides strategic direction, financial oversight, and administrative services to its subsidiary companies
Its function focuses on the ownership and management of shares in other businesses, rather than direct operational involvement in specific industries
