RECTICEL LIMITED
Company Information
- Company Number
- 00665376
- Registered Address
- Bluebell Close, Clover Nook Industrial Park, Alfreton, Derbyshire., DE55 4RD
- Status
- Active
- Employee Count
- 164
- Turnover
- £18,883,000
- EBITDA
- -£1,054,000
Additional Details
- Website
- https://www.atlasre.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 18 July 1960
- Nature of Business
- 20160 - Manufacture of plastics in primary forms
- Industries
- Distribution And Delivery, Manufacturing, Property-related Goods And Services, Raw Materials And Intermediate Goods, Supply Chain, Manufacturing And Commerce Models
- Region
- East Midlands
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 2023 - 31 Dec 2023 | 28 Feb 2024 | 48 | 44% | 39% | 17% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 45 | 46% | 41% | 13% | 23% |
| 01 Jan 2022 - 01 Jun 2022 | 02 Aug 2022 | 45 | 43% | 43% | 14% | 29% |
| 01 Jul 2021 - 31 Dec 2021 | 10 Aug 2022 | 44 | 43% | 45% | 12% | 35% |
| 01 Jan 2021 - 30 Jun 2021 | 12 Aug 2022 | 40 | 40% | 52% | 8% | 35% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Aug 2022 | 47 | 46% | 43% | 12% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 10 Aug 2022 | 48 | 35% | 50% | 15% | 37% |
| 01 Jul 2019 - 31 Dec 2019 | 10 Aug 2022 | 47 | 36% | 49% | 14% | 35% |
| 01 Jan 2019 - 30 Jun 2019 | 10 Aug 2022 | 43 | 42% | 47% | 11% | 38% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 43 | 42% | 47% | 11% | 38% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 46 | 39% | 45% | 16% | 59% |
| 01 Jan 2018 - 30 Jun 2018 | 14 Aug 2018 | 47 | 36% | 47% | 17% | 65% |
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
60 days 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
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
Suppliers are given contact details for our Accounts Payable team, who direct the query to the appropriate people.
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
RECTICEL LIMITED is a leading manufacturer of insulation, bedding, and flexible foams, with a strong focus on sustainability. The company was founded in 1778 and is headquartered in Brussels, Belgium.
The company's sustainability program is centered around three pillars: People, Planet, and Prosperity. Under the People pillar, RECTICEL LIMITED is committed to creating a safe and inclusive working environment for its employees. They also provide training and development opportunities to support their employees' growth.
In terms of their impact on the Planet, RECTICEL LIMITED has implemented various initiatives to reduce their carbon footprint, such as using renewable energy sources and optimizing their production processes to minimize waste. They also offer sustainable products, such as their insulation solutions, which help to reduce energy consumption in buildings.
Under the Prosperity pillar, the company aims to create long-term value for its shareholders while also contributing to the well-being of society. They have a strong focus on ethical business practices and have implemented a code of conduct for their employees and suppliers.
The key people at RECTICEL LIMITED include CEO Olivier Chapelle and Chairman of the Board Julien De Wilde. The company's registered office address is RECTICEL LIMITED, Olympiadenlaan 2, 1140 Brussels, Belgium.
RECTICEL LIMITED's products and services are used in various industries, including construction, automotive, and bedding. Their website, www.recticel.com, provides information on their products, sustainability initiatives, and company news. Customers and stakeholders can also contact the company through their website for any inquiries or feedback.
In summary, RECTICEL LIMITED is a sustainable company that is committed to creating value for its stakeholders while also minimizing its impact on the environment. Through its innovative products and responsible business practices, the company continues to be a leader in the foam industry.
