S H PRATT GROUP LIMITED
Company Information
- Company Number
- 00637730
- Registered Address
- Musca Court Laporte Way, Luton, Bedfordshire, LU4 8EN
- Status
- Active
- Employee Count
- 409
- Turnover
- £302,800,000
- EBITDA
- £6,545,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 23 September 1959
- Nature of Business
- 10390 - Other processing and preserving of fruit and vegetables
- Industries
- Food And Drink
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
S H PRATT GROUP LIMITED exhibits a generally positive payment trend with an average of 21 days, and 63% of invoices are settled within 30 days. While 26% of payments are classified as late, a significant portion of these fall into the 31-60 day bracket (33%), suggesting minor rather than severe delays for most. This indicates a trajectory of relatively prompt payment for the majority, with a noticeable, yet manageable, segment experiencing slight extensions.
Volatility Analysis
The 26% late payment rate indicates some variability, meaning suppliers should not expect 100% on-time payment consistently. However, the concentration of 33% within the 31-60 day window suggests a moderate level of predictability for potential slight delays, reducing the risk of sudden, severe late payments for most. The low 4% incidence of payments over 60 days points to minimal high-risk unpredictability, but still warrants awareness for a small portion of invoices.
Summary Analysis
Overall, S H PRATT GROUP LIMITED presents a low to moderate payment risk profile for suppliers, characterized by generally prompt payments for the majority of invoices. Suppliers should consider setting clear payment terms and perhaps allowing a small buffer in cash flow planning for the approximately one-third of payments that may extend to 31-60 days. Close monitoring of invoices that approach the 60-day mark is recommended, despite the low 4% probability, to mitigate any potential impact on working capital.
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 2024 - 30 Sept 2024 | 22 Oct 2024 | 22 | 61% | 37% | 3% | 31% |
| 01 Oct 2023 - 31 Mar 2024 | 13 Aug 2024 | 25 | 55% | 41% | 4% | 31% |
| 01 Apr 2023 - 30 Sept 2023 | 13 Aug 2024 | 26 | 53% | 44% | 3% | 28% |
| 27 Oct 2019 - 26 Apr 2020 | 25 Aug 2020 | 21 | 63% | 33% | 4% | 26% |
| 27 Apr 2019 - 26 Oct 2019 | 20 Nov 2019 | 24 | 64% | 33% | 3% | 27% |
| 28 Oct 2018 - 28 Apr 2019 | 02 May 2019 | 19 | 82% | 16% | 2% | 19% |
| 29 Apr 2018 - 27 Oct 2018 | 01 Nov 2018 | 18 | 83% | 16% | 1% | 17% |
| 29 Oct 2017 - 28 Apr 2018 | 02 May 2018 | 19 | 83% | 16% | 1% | 19% |
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
Most frequent terms
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
45
Dispute Resolution Process
Commercial Dept deals with this
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.
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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
S H PRATT GROUP LIMITED operates as an active private limited company within the UK corporate landscape. Its name indicates it functions as a group entity.
The company, registered under company number 00637730, was incorporated on 23 September 1959. Its registered office is located at Musca Court Laporte Way, Luton, Bedfordshire, LU4 8EN, situated within the East of England.
As a private limited group company operating in the UK market, entities of this nature commonly undertake activities such as managing subsidiary companies, centralising administrative functions for a portfolio of businesses, or holding various assets. They often provide a framework for diverse commercial operations under a single corporate umbrella.
