DRAPER TOOLS LIMITED
Company Information
- Company Number
- 00570630
- Registered Address
- Draper Tools Limited, Hursley Road, Chandler's Ford, Eastleigh, Hampshire, SO53 1YF
- Status
- Active
- Employee Count
- 310
- Turnover
- £55,552,000
- EBITDA
- £5,452,000
Additional Details
- Website
- https://drapertools.com
- Company Type
- Private limited Company
- Incorporated On
- 23 August 1956
- Nature of Business
- 46620 - Wholesale of machine tools
- Industries
- Travel And Transportation
- Region
- South East
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 Sept 2024 - 28 Feb 2025 | 31 Mar 2025 | 24 | 79% | 17% | 4% | 47% |
| 01 Sept 2023 - 29 Feb 2024 | 27 Mar 2024 | 27 | 81% | 16% | 3% | 17% |
| 01 Mar 2023 - 31 Aug 2023 | 02 Oct 2023 | 29 | 80% | 17% | 3% | 18% |
| 01 Sept 2022 - 28 Feb 2023 | 30 Mar 2023 | 27 | 80% | 17% | 3% | 18% |
| 01 Mar 2022 - 31 Aug 2022 | 05 Oct 2022 | 26 | 78% | 20% | 2% | 18% |
| 01 Sept 2021 - 28 Feb 2022 | 31 Mar 2022 | 26 | 72% | 25% | 3% | 20% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 26 | 82% | 16% | 2% | 29% |
| 01 Sept 2020 - 28 Feb 2021 | 31 Mar 2021 | 26 | 76% | 20% | 4% | 30% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 31 | 69% | 22% | 9% | 31% |
| 01 Sept 2019 - 29 Feb 2020 | 23 Mar 2020 | 27 | 79% | 19% | 3% | 32% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 27 | 80% | 17% | 3% | 27% |
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
Standard Terms for gopods and serives is 30 days
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
Disputes are resolved between respective accounts departments
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
DRAPER TOOLS LIMITED is a British company that specializes in the design, manufacture, and distribution of high-quality hand and power tools. The company was founded in 1919 and is headquartered in Hampshire, UK.
The company offers a wide range of tools including automotive, construction, gardening, and engineering tools, as well as workshop equipment and storage solutions. Their products are known for their durability, reliability, and innovative designs.
DRAPER TOOLS LIMITED is committed to sustainability and has a dedicated sustainability program in place. They have implemented various initiatives to reduce their environmental impact, such as using renewable energy sources, reducing waste and promoting recycling, and sourcing materials from sustainable suppliers.
The company's key people include John Draper, the Chairman, and Marcus Draper, the Managing Director. They lead a team of experienced professionals who are passionate about providing customers with high-quality products and excellent service.
Customers can contact DRAPER TOOLS LIMITED through their website, which also features a wide range of products, product information, and customer support. The company's registered office address is Hursley Road, Chandlers Ford, Eastleigh, Hampshire, SO53 1YF, UK.
In summary, DRAPER TOOLS LIMITED is a leading British company in the hand and power tools industry, known for its commitment to sustainability and high-quality products. With a dedicated team of professionals and a wide range of innovative tools, the company continues to serve its customers with excellence.
