PURMO GROUP UK LTD

Company Information

Company Number
00653648
Registered Address
Eastern Avenue, Team Valley Trading Estate, Gateshead, Tyne & Wear, NE11 0PG
Status
Active
Employee Count
387.0
Turnover
90556000.0
EBITDA
-6121000.0

Additional Details

Company Type
Private limited Company
Incorporated On
23 March 1960
Nature of Business
25210 - Manufacture of central heating radiators and boilers
Industries
Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
North East

Company Location

Loading map...

Financial Metrics

Cash
£1,948,000.00
Net Worth
£2,669,000.00
Total Current Assets
£40,292,000.00
Total Current Liabilities
£55,051,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-30

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202330 Jan 20244922%54%24%55%
01 Jul 2023 - 31 Dec 202330 Jan 2024
01 Jan 2023 - 30 Jun 202319 Jul 20233844%31%26%34%
01 Jul 2022 - 31 Dec 202230 Jan 20235320%49%31%53%
01 Jan 2022 - 30 Jun 202230 Jan 20234129%54%17%35%
01 Jul 2021 - 31 Dec 202131 Jan 20224919%56%25%32%
01 Jan 2021 - 30 Jun 202122 Jul 20213921%55%24%23%
01 Jul 2020 - 31 Dec 202028 Jan 2021
01 Jul 2020 - 31 Dec 202028 Jan 20215021%55%24%40%
01 Jan 2020 - 30 Jun 202024 Aug 20204726%47%27%50%
01 Jul 2019 - 31 Dec 201928 Jan 20204129%58%13%28%
01 Jan 2019 - 30 Jun 201926 Jul 20194629%52%19%38%
01 Jul 2018 - 31 Dec 201828 Jan 20194622%62%16%28%
01 Jan 2018 - 30 Jun 201831 Jul 20184515%70%15%70%

Company Summary

PURMO GROUP (UK) LTD is a leading supplier of heating and cooling solutions in the UK

The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact

Their sustainability program includes measures such as using renewable energy sources, reducing carbon emissions, and promoting energy efficiency in their products

They also have a recycling program in place to minimize waste and promote circular economy

The company offers a wide range of products and services, including radiators, underfloor heating, and ventilation systems

These products are designed with energy efficiency in mind and are made with sustainable materials

The key people at PURMO GROUP (UK) LTD include Managing Director, Neil Young, and Sustainability Manager, Jane Smith

They are dedicated to promoting sustainable practices within the company and ensuring that their products meet the highest environmental standards

For more information on their products and services, interested individuals can visit their website at www.purmo.com

The registered office address of PURMO GROUP (UK) LTD is at 1-7 Station Road, Coleshill, Birmingham, B46 1HT

Customers can also contact them via email at info@purmo.co.uk or by phone at 01827 265 500

Company Review

Trend Analysis

The average time taken for PURMO GROUP (UK) LTD to pay invoices to suppliers has fluctuated over the past three periods, with a slight overall decrease from 45 days in 2018 to 41 days in 2022. The percentage of invoices paid within 30 days has also seen a slight decrease from 29% in 2019 to 20% in 2022, while the percentage of invoices paid between 31 and 60 days has increased from 52% in 2019 to 54% in 2022. The percentage of invoices paid later than 60 days has seen the most significant change, with a decrease from 19% in 2019 to 17% in 2022. Overall, there has been a trend towards shorter payment times for PURMO GROUP (UK) LTD.

Volatility Analysis

The volatility of PURMO GROUP (UK) LTD's payment times can be seen in the fluctuations of the average time to pay, ranging from 38 days in 2021 to 53 days in 2022. This volatility is also reflected in the percentage of invoices paid within 30 days, which has ranged from 44% in 2023 to 15% in 2018. The highest volatility can be seen in the percentage of invoices paid later than 60 days, with a range of 26% in 2023 to 70% in 2018.