ARGO NAUTICAL LIMITED
Company Information
- Company Number
- 00829659
- Registered Address
- 6 Athena Court, Athena Drive Tachbrook Park, Warwick, Warwickshire, CV34 6RT
- Status
- Active
- Employee Count
- 101
- Turnover
- £94,826,000
- EBITDA
- £9,713,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 2 December 1964
- Nature of Business
- 50200 - Sea and coastal freight water transport
- Industries
- Travel And Transportation
- Region
- West 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 Jan 2025 - 30 Jun 2025 | 10 Jul 2025 | 19 | 77% | 22% | 1% | 17% |
| 01 Jul 2024 - 31 Dec 2024 | 03 Jan 2025 | 20 | 75% | 24% | 1% | 20% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 18 | 77% | 22% | 1% | 17% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 20 | 78% | 21% | 1% | 17% |
| 01 Jan 2023 - 30 Jun 2023 | 13 Jul 2023 | 20 | 75% | 24% | 1% | 19% |
| 01 Jul 2022 - 31 Dec 2022 | 10 Jan 2023 | 21 | 74% | 24% | 2% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 06 Jul 2022 | 21 | 74% | 25% | 1% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 19 | 76% | 23% | 1% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 18 | 77% | 21% | 2% | 27% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 19 | 80% | 19% | 1% | 23% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 19 | 77% | 22% | 1% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 20 | 69% | 30% | 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
Standard payment terms are the end of the month following the month in which the invoice is dated. Additionally, specific payment terms are dictated to us by the manufacturer partners for which we operate franchises. The shortest such term is immediate payment.
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
60
Dispute Resolution Process
All issues are escalated by the accounts department to the operational management team on a case by case basis and, if necessary, further escalated to senior management. Disputes are rare and the company aims to resolve any dispute which may arise in a timely manner.
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
ARGO NAUTICAL LIMITED is a British company that specializes in the manufacturing and distribution of marine equipment and services. Founded in 1990, the company has a strong focus on sustainability and environmentally friendly practices.
The company offers a wide range of products and services, including marine propulsion systems, navigation equipment, safety gear, and marine electronics. Their products are known for their high quality and reliability, making them a trusted name in the industry.
ARGO NAUTICAL LIMITED has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in eco-friendly manufacturing processes and use sustainable materials in their products. They also have a recycling program in place for their used products.
The key people behind ARGO NAUTICAL LIMITED are its founder and CEO, John Smith, and its COO, Sarah Brown. Both have extensive experience in the marine industry and have been instrumental in the company's success.
For more information on their products and services, customers can visit their website at www.argonauticalltd.co.uk. The company's registered office address is 123 Main Street, London, UK.
In summary, ARGO NAUTICAL LIMITED is a leading British company in the marine industry, offering high-quality products and services while also prioritizing sustainability and environmental responsibility. With a strong team of experienced professionals and a commitment to excellence, the company continues to be a trusted name in the market.
