PENNY & GILES CONTROLS LIMITED

PaymentCheck Score 2020
37Poor
New Entry
#4410 in UK
#227 in South West

Company Information

Company Number
00843903
Registered Address
15 Enterprise Way, Aviation Park West, Bournemouth International Airport, Christchurch, Dorset, United Kingdom, BH23 6HH
Status
Active
Employee Count
442
Turnover
£114,298,000
EBITDA
£21,164,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 April 1965
Nature of Business
27900 - Manufacture of other electrical equipment
Industries
Hardware
Region
South West

Time to Pay

Average Time to Pay
83 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
20%
31-60 Days
50%
After 60 Days
30%
Not Paid Within Terms5%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-09-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202023 Sept 20208320%50%30%5%

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 net

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

consultation with internal buyers and vendors

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

Penny & Giles Controls Limited is a British company that specializes in the design and manufacture of advanced electronic sensors and control systems. The company was founded in 1956 and is headquartered in Christchurch, Dorset, UK.

Penny & Giles Controls Limited is committed to sustainability and has implemented a number of initiatives to minimize their impact on the environment. This includes reducing energy consumption, using eco-friendly materials, and implementing recycling programs.

The company offers a wide range of products and services including position sensors, joysticks, and electronic control systems for various industries such as aerospace, medical, and industrial. Their products are known for their reliability, accuracy, and durability.

Key people in the company include the CEO, Mark Davies, and the Managing Director, Paul Seefeld. They lead a team of experienced engineers and designers who are dedicated to providing high-quality solutions to their customers.

The company's website (www.pennyandgiles.com) provides detailed information about their products and services, as well as their sustainability efforts. The registered office address is Penny & Giles Controls Limited, 12 Airfield Road, Christchurch, Dorset, BH23 3TG, United Kingdom.

In conclusion, Penny & Giles Controls Limited is a reputable company with a strong focus on sustainability. Their advanced electronic sensors and control systems are used in various industries and are known for their quality and reliability. With a dedicated team and a commitment to the environment, the company continues to be a leader in the field of electronic controls.

Financial Metrics

Cash
£16,004,000
Net Worth
£69,503,000
Total Current Assets
£70,213,000
Total Current Liabilities
£29,116,000

Company Location