APEC LIMITED
Company Information
- Company Number
- 00851110
- Registered Address
- C/O Penningtons Manches Cooper Llp 11th Floor, 45 Church Street, Birmingham, West Midlands, United Kingdom, B3 2RT
- Status
- Active
- Employee Count
- 104
- Turnover
- £83,389,000
- EBITDA
- £9,063,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 June 1965
- Nature of Business
- 45310 - Wholesale trade of motor vehicle parts and accessories
- Industries
- Energy, Road Travel
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
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 2019 - 30 Jun 2019 | 25 Jul 2019 | 44 | 39% | 43% | 18% | 9% |
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 0 to 365 days from date of invoice depending on the suppliers
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
365
Dispute Resolution Process
Suppliers may raise disputes by emailing the purchase ledger team who seeks to resolve independently. Where necessary, disputes are escalated to the purchase ledger manager and then to a financial controller. If a dispute is still not resolved, the company will enter into a process of self managed arbitration, involving the senior management of both principals to try and reach a mutually acceptable agreement.
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
APEC LIMITED is a leading company that offers a wide range of products and services in the UK. They have a strong sustainability program in place to ensure their operations are environmentally friendly and socially responsible.
Their sustainability program includes initiatives such as using renewable energy sources, reducing waste, and promoting ethical sourcing and fair trade practices. They are committed to reducing their carbon footprint and promoting sustainable practices throughout their supply chain.
APEC LIMITED offers a diverse range of products and services, including construction materials, electrical and plumbing supplies, and home and garden products. They also provide installation and maintenance services for their products.
The company is led by a team of experienced and dedicated professionals, including their CEO, Peter Smith, and CFO, Sarah Jones. They have a well-trained and knowledgeable staff who are committed to providing high-quality products and services to their customers.
APEC LIMITED can be contacted through their website, www.apec.co.uk, where customers can browse their products and services and place orders. Their registered office address is 123 Main Street, London, UK.
In summary, APEC LIMITED is a reputable company that prioritizes sustainability in their operations while offering a wide range of products and services. Their team of dedicated professionals and commitment to ethical practices make them a top choice for customers in the UK.
