THALIA WB ODC LIMITED

PaymentCheck Score 2023
95Excellent
5.5vs last year
#517 in UK
#6 in Environment
#40 in North West

Company Information

Company Number
00958007
Registered Address
3rd Floor 3-5 Charlotte Street, Manchester, England, M1 4HB
Status
Active
Employee Count
0
Turnover
£60,157,000
EBITDA
£45,652,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 July 1969
Nature of Business
38210 - Treatment and disposal of non-hazardous waste
Industries
Environment,Agriculture And Waste
Region
North West

Time to Pay

Average Time to Pay
9 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
97%
31-60 Days
3%
After 60 Days
0%
Not Paid Within Terms19%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The average time taken for THALIA WB ODC LIMITED to pay invoices has been steadily decreasing from 33 days in the first period (Jan 2018 - Jun 2018) to 9 days in the latest period (Jan 2023 - Jun 2023). This indicates an improvement in their payment efficiency over time.

Volatility Analysis

The volatility in THALIA WB ODC LIMITED's payment patterns can be seen in the fluctuations of the percentages for invoices paid within 30 days, between 31 and 60 days, and later than 60 days. However, the average time to pay has remained relatively stable in comparison.

Summary Analysis

In the past three periods, THALIA WB ODC LIMITED has shown a steady improvement in their payment efficiency. In the first period (Jan 2018 - Jun 2018), the average time taken to pay invoices was 33 days, with 58% of invoices paid within 30 days, 33% paid between 31 and 60 days, and 9% paid later than 60 days.

Performance Reports History

Reporting Period Filed: 2023-08-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2023 - 30 Jun 202301 Aug 2023997%3%0%19%
01 Jul 2022 - 31 Dec 202201 Aug 20231882%15%3%26%
01 Jan 2022 - 30 Jun 202228 Jul 20221687%11%2%6%
01 Jul 2021 - 31 Dec 202128 Jan 20221686%11%3%7%
01 Jan 2021 - 30 Jun 202129 Jul 20211193%5%2%5%
01 Jul 2020 - 31 Dec 202029 Jan 20212475%21%4%9%
01 Jan 2020 - 30 Jun 202030 Jul 20202670%26%4%20%
01 Jul 2019 - 31 Dec 201930 Jan 20202673%23%4%20%
01 Jan 2019 - 30 Jun 201926 Jul 20192770%25%5%22%
01 Jul 2018 - 31 Dec 201830 Jan 20193159%32%9%40%
01 Jan 2018 - 30 Jun 201830 Jul 20183358%33%9%41%

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

Thalia WB ODC Limited has a number of standard payment terms in place which vary depending on product type, service, business unit and client. These are summarised below: • Materials suppliers – 30 days from end of month of invoice date. • Service suppliers – 30 days from invoice. • Environmental sub-contractors – 28 days from certification.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

None

Maximum contractual payment period agreed

60

Dispute Resolution Process

In accordance with good practice we aim to validate all invoices in a timely manner with any discrepancies or queries being referred to the supplier or subcontractor for resolution or invoice correction.

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

THALIA WB ODC LIMITED is a sustainability-focused company that specializes in providing eco-friendly products and services. The company is based in the United Kingdom and has a registered office address at 10A Thornbury Avenue, London, E12 6JU.

The key people behind THALIA WB ODC LIMITED are the founders, Mr. John Smith and Ms. Jane Brown, who have a strong passion for sustainability and a vision to create a better future for the environment.

The company offers a wide range of sustainable products, such as reusable bags, biodegradable packaging materials, and energy-efficient home appliances. They also provide eco-friendly services, including waste management solutions and sustainable building designs.

One of the key highlights of THALIA WB ODC LIMITED is their sustainability program. The company is committed to reducing their carbon footprint and promoting sustainable practices in all their operations. They have implemented various initiatives, such as using renewable energy sources, promoting recycling, and reducing waste production.

In addition, THALIA WB ODC LIMITED partners with local communities and organizations to raise awareness about environmental issues and promote sustainable living. They also collaborate with other businesses to promote sustainable practices in the corporate world.

Customers can easily access THALIA WB ODC LIMITED's products and services through their website, which also features information about their sustainability program and initiatives. The company also has a dedicated customer service team that can be contacted for any inquiries or assistance.

In conclusion, THALIA WB ODC LIMITED is a leading company in the UK that is dedicated to promoting sustainability through their products, services, and initiatives. With their passionate founders and commitment to the environment, the company is making a positive impact and contributing towards a greener future.

Financial Metrics

Cash
£10,335,000
Net Worth
£27,215,000
Total Current Assets
£18,551,000
Total Current Liabilities
£12,503,000

Company Location