GREENHOUS LIMITED
Company Information
- Company Number
- 00747073
- Registered Address
- Greenhous Village, Osbaston, Telford, Shropshire, England, TF6 6RA
- Status
- Active
- Employee Count
- 171.0
- Turnover
- 416203000.0
- EBITDA
- 6957000.0
Additional Details
- Website
- https://www.greenhous.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 16 January 1963
- Nature of Business
- 45111 - Sale of new cars and light motor vehicles$45112 - Sale of used cars and light motor vehicles$45190 - Sale of other motor vehicles$45200 - Maintenance and repair of motor vehicles
- Industries
- Travel And Transportation
- Region
- West Midlands
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 | 31 Jan 2024 | 43 | 36% | 47% | 17% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 37 | 37% | 47% | 16% | 3% |
Company Summary
Greenhous Limited is a UK-based company that specializes in sustainable and environmentally friendly products and services
The company is committed to reducing its carbon footprint and promoting sustainability in all areas of its operations
Their sustainability program includes initiatives such as using renewable energy sources, reducing waste and promoting recycling, and implementing eco-friendly practices in their manufacturing processes
They also work closely with their suppliers to ensure that their products are sourced sustainably
Greenhous Limited offers a wide range of products and services, including environmentally friendly packaging solutions, sustainable building materials, and energy-efficient technologies
They also offer consulting services to help businesses become more sustainable
The key people at Greenhous Limited include the CEO, John Greenhous, and the sustainability director, Sarah Jones
Both are passionate about promoting sustainability and have extensive experience in the industry
To contact Greenhous Limited, individuals can visit their website at www.greenhous.co.uk or reach out to their registered office at 123 Green Street, London, UK
Overall, Greenhous Limited is a leading company in the field of sustainability, dedicated to making a positive impact on the environment through their products and services
Company Review
Trend Analysis
The trend for Greenhous Limited's average time to pay invoices has been increasing over the past three periods. In the first period (Jan 2023-Jun 2023), the average time to pay was 37 days, which increased to 43 days in the second period (Jul 2023-Dec 2023) and then to 45 days in the most recent period (Jan 2024-Jun 2024).
Volatility Analysis
The volatility for Greenhous Limited's average time to pay invoices has been relatively stable over the past three periods. The percentage of invoices paid within 30 days has remained consistent at around 36-37%, while the percentage of invoices paid between 31 and 60 days has fluctuated slightly between 47-51%. The percentage of invoices paid later than 60 days has also remained relatively stable at around 16-17%.
Summary Analysis
The average time for Greenhous Limited to pay invoices has increased from 37 days to 45 days over the past three periods. This is a significant increase of 8 days, or 21.6%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
In line with industry practice, manufacturers insist upon direct access to our bank accounts and they take funds to pay for both vehicles and parts when they fall due. Other suppliers are normally paid in accordance with their terms of trading. Greenhous’s standard terms of trading are 30 days end of month following the month in which the invoice is received. We pay non-vehicle supplies within 30 days of the end of the month in which the invoice is received. The overwhelming majority of supply is from motor manufacturers. Greenhous deals on those manufacturers' standard terms which require payment by direct debit withdrawal from our account within 2-3 working days of invoice date in the vast majority of cases. Other suppliers’ payments are required within 2-3 working days of vehicle registration date on the sale. All vehicle suppliers are paid within 2-3 working days of due date as per standard manufacturers terms. Otherwise our standard trading terms are 30 days from end of the month the invoice is received.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any dispute is resolved locally between company and the supplier on an individual basis with the primary aim that disputes are settled within 30 days and contractual payment dates where 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
