PLASMOR LIMITED
Company Information
- Company Number
- 00642173
- Registered Address
- Plasmor Ltd, Womersley Road, Knottingley, England, WF11 0DL
- Status
- Active
- Employee Count
- 230
- Turnover
- £87,096,000
- EBITDA
- £7,013,000
Additional Details
- Website
- https://www.plasmor.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 17 November 1959
- Nature of Business
- 23610 - Manufacture of concrete products for construction purposes
- Industries
- Distribution And Delivery, Raw Materials And Intermediate Goods
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
PLASMOR LIMITED demonstrates a general trend of timely payments, with 59% of invoices settled within 30 days. However, the average payment time of 39 days is influenced by a considerable 37% of payments falling into the 31-60 day bracket, indicating a consistent pattern of moderate delays for a significant portion of invoices. Only 4% of payments extend beyond 60 days, suggesting that protracted delays are rare rather than a common trajectory.
Volatility Analysis
Payment reliability for PLASMOR LIMITED is moderate; while the majority of payments are predictable within 30 days, the 37% taking 31-60 days introduces an element of variability for a substantial number of transactions. The consistent 4% of payments exceeding 60 days or being broadly categorized as late represents a low but present risk factor for suppliers, indicating that a small fraction of invoices may experience significant delays. Suppliers should anticipate that while most payments will be reasonably punctual, a notable portion will require flexibility in cash flow planning due to extended terms.
Summary Analysis
PLASMOR LIMITED is a moderately reliable payer; suppliers can generally expect payments within 30 days for a majority of invoices, but should prepare for a consistent 31-60 day cycle for a substantial minority. Key decision factors include the supplier's capacity to manage an average 39-day payment cycle and occasional longer terms for specific invoices. To mitigate risk, suppliers might consider negotiating explicit payment terms or structuring agreements to account for the likelihood of payments extending into the 31-60 day window.
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 2023 - 29 Feb 2024 | 21 Mar 2024 | 39 | 59% | 37% | 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
end of following month 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
payment terms are generally set by the supplier
Maximum contractual payment period agreed
60
Dispute Resolution Process
Suppliers contact the accounts department to chase payment if invoice is late the purchase ledger clerk will investigate the reason and resolve as soon as possible
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.
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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.
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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?
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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
PLASMOR LIMITED operates as an active private limited company. This corporate structure allows the company to conduct commercial activities and provide various services or products within the UK economy.
The company is registered in England under company number 00642173 and was incorporated on 17 November 1959. Its registered office is located at Plasmor Ltd, Womersley Road, Knottingley, England, WF11 0DL, situated within the Yorkshire region.
As a private limited company, PLASMOR LIMITED typically functions as a distinct legal entity with limited liability for its shareholders. This enables the organisation to engage in a broad spectrum of business operations and commercial transactions in the UK market.
