KRONOSPAN LIMITED
Company Information
- Company Number
- 00981905
- Registered Address
- Maesgwyn Farm, Chirk, Wrexham, LL14 5NT
- Status
- Active
- Employee Count
- 665
- Turnover
- £387,525,000
- EBITDA
- £73,769,000
Additional Details
- Website
- https://kronospan.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 11 June 1970
- Nature of Business
- 16210 - Manufacture of veneer sheets and wood-based panels
- Industries
- Coming Soon
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 37 | 59% | 29% | 12% | 19% |
| 01 Apr 2023 - 30 Sept 2023 | 23 Oct 2023 | 32 | 69% | 23% | 8% | 17% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 30 | 68% | 25% | 7% | 17% |
| 01 Oct 2021 - 31 Mar 2022 | 03 May 2022 | 30 | 71% | 21% | 8% | 13% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 32 | 71% | 21% | 8% | 13% |
| 01 Apr 2019 - 30 Sept 2019 | 08 Nov 2019 | 34 | 68% | 23% | 9% | 20% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 31 | 64% | 27% | 9% | 20% |
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
Kronospan has a range of standard payment terms. These payment terms are constructed to enable 2 payment runs per month, one on the 15th and one at the end of the month, based on date of receipt of the invoice.
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
Any dispute will be handled by the appropriate person in the appropriate department with the aim to resolve this as quickly as possible. If required, it is escalated to Board level.
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
KRONOSPAN LIMITED is a leading global manufacturer of wood-based products, with a strong commitment to sustainability and environmental responsibility. The company was founded in 1897 and has its registered office in Chirk, Wrexham, UK.
The company's sustainability program includes a focus on responsible sourcing of raw materials, efficient use of energy and resources, and reducing waste and emissions. KRONOSPAN has also implemented sustainable forestry practices, including reforestation and protection of biodiversity.
KRONOSPAN offers a wide range of wood-based products, including particleboard, MDF, OSB, and laminate flooring. These products are used in various industries such as furniture, construction, and packaging. The company is constantly innovating and investing in new technologies to improve the sustainability of its products and processes.
The key people at KRONOSPAN include the CEO, Mark Adamson, and the Chairman, Peter Oswald. They are supported by a team of experienced executives and employees who are dedicated to the company's vision of sustainability and growth.
Customers and stakeholders can contact KRONOSPAN through their website, which provides detailed information about the company, its products, and its sustainability initiatives. The website also has a contact form for inquiries and a list of global locations for those seeking more specific information.
In conclusion, KRONOSPAN LIMITED is a reputable company that is committed to sustainability and provides high-quality wood-based products to various industries. With a strong leadership team and a focus on innovation and responsible practices, the company continues to grow and contribute to a more sustainable future.
