WERNICK HIRE LIMITED
Company Information
- Company Number
- 00633778
- Registered Address
- Molineux House, Russell Gardens, Wickford, Essex, England, SS11 8QG
- Status
- Active
- Employee Count
- 445
- Turnover
- £131,354,000
- EBITDA
- £45,078,000
Additional Details
- Website
- https://wernick.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 29 July 1959
- Nature of Business
- 55900 - Other accommodation
- Industries
- Lifestyle And Entertainment
- Region
- East of England
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 2024 - 31 Dec 2024 | 29 Jan 2025 | 64 | 6% | 78% | 16% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 61 | 10% | 80% | 10% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 59 | 12% | 78% | 10% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 58 | 11% | 81% | 8% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 58 | 8% | 84% | 8% | 3% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 58 | 5% | 88% | 7% | 3% |
| 01 Jan 2021 - 30 Jul 2021 | 30 Jul 2021 | 58 | 6% | 84% | 10% | 3% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 58 | 2% | 94% | 4% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 56 | 3% | 94% | 3% | 3% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 62 | 4% | 92% | 4% | 4% |
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 payment terms are within 60 days end of month following 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
90
Dispute Resolution Process
Wernick Hire Limited takes a pragmatic approach to resolving disputes with suppliers by following a set resolution/escalation process. Queries are initially dealt with by members of the Accounts Payable and Credit Control teams. If a satisfactory agreement is not reached, it is then passed on to members of the Senior Management team to assist. In the unlikely event that a successful resolution has not been attained by this stage, the matter is then referred to the Executive Management Team for conclusion.
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
WERNICK HIRE LIMITED is a leading UK-based company that specializes in the hire and sale of modular buildings, portable accommodation, and associated services. The company has been in operation for over 80 years and has a strong commitment to sustainability.
Their sustainability program includes incorporating environmentally friendly practices into their operations, such as using sustainable materials in their buildings and implementing energy-efficient measures. They also have a recycling program in place to minimize waste and a commitment to reducing their carbon footprint.
WERNICK HIRE LIMITED offers a wide range of products and services, including modular buildings for various purposes such as offices, schools, and healthcare facilities. They also provide portable accommodation solutions for events, construction sites, and remote locations. The company also offers installation, maintenance, and refurbishment services for their products.
The key people at WERNICK HIRE LIMITED include the managing director, David Wernick, and the operations director, Ian Grice. They lead a team of experienced professionals who are dedicated to providing high-quality products and services to their clients.
To get in touch with WERNICK HIRE LIMITED, their website address is www.wernick.co.uk. Their registered office address is Wernick Buildings, London Road, Stanford-le-Hope, Essex, SS17 0JU, United Kingdom. Overall, WERNICK HIRE LIMITED is a reputable and sustainable company that offers innovative solutions for temporary and permanent accommodation needs.
