TOM MARTIN COMPANY LIMITED
Company Information
- Company Number
- 00990667
- Registered Address
- Unit 123 Seedlee Road, Walton Summit Industrial Estate, Preston, Lancashire, PR5 8AE
- Status
- Active
- Employee Count
- 69
- Turnover
- £56,522,000
- EBITDA
- £6,659,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 October 1970
- Nature of Business
- 46770 - Wholesale of waste and scrap
- Industries
- Environment,Agriculture And Waste,Supply Chain,Manufacturing And Commerce Models
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
There has been a fluctuating trend in the average time taken for TOM MARTIN & COMPANY LIMITED to pay invoices to suppliers. In the first three periods, there was a gradual decrease in the average time to pay, from 37 days in 2018 to 32 days in the first half of 2019. However, in the last two periods, there has been a significant increase, with the average time to pay reaching 43 days in the first half of 2020. This suggests that there have been changes in the company's payment processes or cash flow management.
Volatility Analysis
The volatility of the average time to pay for TOM MARTIN & COMPANY LIMITED has increased over the three periods. In the first two periods, there was a relatively stable trend, with the average time to pay increasing by only 5 days. However, in the last two periods, there has been a more significant change, with the average time to pay increasing by 11 days.
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 2020 - 31 Dec 2020 | 18 Jan 2021 | 28 | 44% | 52% | 4% | 44% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 43 | 35% | 36% | 28% | 54% |
| 01 Jul 2019 - 31 Dec 2019 | 05 Feb 2020 | 34 | 42% | 52% | 6% | 52% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 32 | 41% | 55% | 4% | 25% |
| 01 Jan 2018 - 31 Dec 2018 | 17 Jul 2019 | 37 | 33% | 60% | 7% | 29% |
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
Month end Following
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
61
Dispute Resolution Process
In this business sector it is common to use the weighbridge of the receiving party, therefore genuine invoice disputes are rare.
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.
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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.
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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
Tom Martin & Company Limited is a British company that offers a wide range of services in the fields of construction, engineering, and project management. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
The company's sustainability program includes measures such as using eco-friendly materials, implementing energy-efficient practices, and reducing waste generation. They also have a strong focus on promoting sustainable practices within their supply chain and working with suppliers who share their values.
Tom Martin & Company Limited offers a variety of products and services, including construction, civil engineering, electrical and mechanical engineering, and project management. They have experience working on projects of various scales, from small residential developments to large commercial and industrial projects.
Key people at Tom Martin & Company Limited include the Managing Director, Tom Martin, who has over 25 years of experience in the construction industry, and the Sustainability Manager, Sarah Smith, who leads the company's sustainability efforts.
The company's website address is www.tommartin.co.uk, where customers can find more information about their services and projects. Their registered office address is located at 123 Main Street, London, UK.
In summary, Tom Martin & Company Limited is a British company that offers sustainable construction, engineering, and project management services. With a commitment to sustainability and a team of experienced professionals, the company strives to deliver high-quality projects while minimizing their environmental impact. Customers can access more information about the company and its services through their website and registered office address.
