ROCKWOOL LIMITED
Company Information
- Company Number
- 00972252
- Registered Address
- Rockwool Site, Pencoed, Bridgend, Bridgend County Borough, United Kingdom, CF35 6NY
- Status
- Active
- Employee Count
- 317.0
- Turnover
- 246143000.0
- EBITDA
- 45831000.0
Additional Details
- Website
- https://rockwool.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 12 February 1970
- Nature of Business
- 23990 - Manufacture of other non-metallic mineral products not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Wales
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 33 | 51% | 45% | 4% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 32 | 50% | 45% | 5% | 17% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Feb 2023 | 35 | 48% | 47% | 5% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 15 Jul 2022 | 35 | 47% | 48% | 5% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 57 | 47% | 50% | 3% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 36 | 44% | 51% | 5% | 16% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 35 | 42% | 53% | 5% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 37 | 40% | 55% | 5% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 42 | 22% | 56% | 22% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 17 Jul 2019 | 32 | 24% | 50% | 26% | 14% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jul 2019 | 44 | 17% | 65% | 18% | 41% |
| 01 Jan 2018 - 30 Jun 2018 | 29 Jul 2019 | 37 | 15% | 52% | 33% | 55% |
Company Summary
Rockwool Limited is a leading manufacturer of sustainable stone wool insulation solutions for the construction industry
The company is headquartered in Bridgend, Wales and has been in operation since 1979
Their sustainability program, called "SustainaWOOL", focuses on reducing carbon emissions, promoting circular economy, and ensuring responsible sourcing of raw materials
The company has set ambitious targets to achieve zero waste to landfill, reduce energy consumption, and increase the use of recycled materials in their products by 2022
Rockwool Limited offers a wide range of insulation products, including building insulation, industrial insulation, and horticultural solutions
These products are designed to provide thermal, acoustic, and fire protection, while also being environmentally friendly
They are made from natural and recycled materials, and are 100% recyclable
The key people at Rockwool Limited include the Managing Director, Tony Ryan, and the Head of Sustainability, Mirella Vitale
Together, they lead the company in its commitment to sustainability and innovation
To learn more about Rockwool Limited and their products and services, one can visit their website at www.rockwool.co.uk
The registered office address is Rockwool Limited, Pencoed, Bridgend, CF35 6NY, United Kingdom
Overall, Rockwool Limited is dedicated to providing sustainable solutions for the construction industry while minimizing their environmental impact
Company Review
Trend Analysis
The average time taken for ROCKWOOL LIMITED to pay invoices has decreased from 44 days in Jul 2018 to 33 days in Dec 2023. This shows a positive trend towards faster payment.
Volatility Analysis
The average time taken for ROCKWOOL LIMITED to pay invoices has shown a relatively stable trend, with only a 2-day difference between the highest (44 days in Jul 2018) and lowest (32 days in Jan 2019) values.
Summary Analysis
In the past three periods, ROCKWOOL LIMITED has shown a positive trend towards faster payment, with the average time to pay decreasing from 44 days in Jul 2018 to 32 days in Jan 2019.
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
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
We establish whether the invoice received has followed our normal purchase process of purchase requisition and purchase order. We then look for a contact person within Rockwool to direct the invoice to. We may then request a POD from the supplier to establish that goods and services have been received
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
