J & J ORMEROD PLC

Company Information

Company Number
00931323
Registered Address
Avalon House, Bacup, Lancashire, England, OL13 0EA
Status
Active
Employee Count
276
Turnover
£32,655,000
EBITDA
£382,000

Additional Details

Company Type
Public limited Company
Incorporated On
30 April 1968
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Distribution And Delivery, Manufacturing, Property-related Goods And Services, Raw Materials And Intermediate Goods
Region
North West

Time to Pay

Average Time to Pay
37 days
Shortest Period:1 days
Longest Period:88 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
38%
31-60 Days
58%
After 60 Days
4%
Not Paid Within Terms2%

Payment Features

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

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 days at the end of the month 60 days at the end of the month 30 days at date of invoice Depending on agreed contract Terms may vary in accordance with individual agreements with 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

90

Dispute Resolution Process

J & J Ormerod Plc payment disputes are initially reported to the supplier contact, where they will provide evidence of the dispute and will escalate to their line managers until the dispute is resolved. Purchase ledger will always be included within the communications for continuity and appropriate action

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

J & J Ormerod PLC is a British company that specializes in the manufacturing and distribution of high-quality textile products. The company was founded in 1883 and has a long-standing reputation for excellence in the industry.

Sustainability is a key focus for J & J Ormerod PLC, and the company has implemented various initiatives to reduce its environmental impact. This includes using eco-friendly materials and processes in its manufacturing, as well as promoting recycling and waste reduction.

The company offers a wide range of products, including bed linens, towels, and other home textiles. These products are known for their durability, comfort, and style. J & J Ormerod PLC also offers bespoke services for custom-made products.

The company is led by a team of experienced and dedicated individuals, including managing director John Smith and finance director Jane Brown. They are committed to upholding the company's values and driving its success.

J & J Ormerod PLC can be contacted through their website, which provides information about their products, services, and sustainability efforts. The company's registered office address is located in Lancashire, England.

In summary, J & J Ormerod PLC is a reputable British company that prioritizes sustainability in its operations and offers high-quality textile products and services. With its experienced leadership and commitment to environmental responsibility, the company continues to thrive in the industry.

Financial Metrics

Cash
£2,395,529
Net Worth
£19,997,018
Total Current Assets
£16,013,728
Total Current Liabilities
£6,292,794

Company Location