NORTHERN COMMERCIALS (MIRFIELD) LIMITED
Company Information
- Company Number
- 01005915
- Employee Count
- 289
- Turnover
- £119,766,000
- EBITDA
- £16,116,000
Additional Details
- Website
- https://nor-com.co.uk
- Industries
- Road Travel
- Region
- East Midlands
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 May 2024 - 31 Oct 2024 | 03 Feb 2025 | 39 | 39% | 52% | 9% | 40% |
| 01 Nov 2023 - 30 Apr 2024 | 10 Jun 2024 | 43 | 40% | 50% | 10% | 42% |
| 01 May 2023 - 31 Oct 2023 | 20 Nov 2023 | 40 | 40% | 48% | 12% | 43% |
| 30 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 41 | 42% | 49% | 9% | 37% |
| 01 Nov 2021 - 30 Apr 2022 | 27 May 2022 | 38 | 38% | 56% | 6% | 45% |
| 01 May 2021 - 31 Oct 2021 | 29 Nov 2021 | 35 | 39% | 54% | 7% | 39% |
| 01 Nov 2020 - 30 Apr 2021 | 24 May 2021 | 39 | 30% | 58% | 12% | 48% |
| 01 May 2019 - 31 Oct 2019 | 29 Nov 2019 | 40 | 31% | 50% | 19% | 55% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 49 | 30% | 49% | 21% | 75% |
| 01 May 2017 - 31 Oct 2017 | 29 Nov 2017 | 41 | 32% | 53% | 15% | 55% |
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
Agreed supplier terms range from immediate settlement to end of month plus 60 days. However the standard term for majority of our suppliers is end of month plus 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We process three BACS payment runs every month. The credits will reach the supplier bank accounts on or near the 10th, 20th and 30th of every month. Authorised supplier invoices will be paid on the earliest BACS run which fulfils the payment criteria.
Maximum contractual payment period agreed
270
Dispute Resolution Process
A purchase order number is required for all invoices. Department Manager will authorise which are pertinent to their responsibility area. When an invoice is disputed the Department Manager will contact the supplier to discuss the query and resolve the matter.
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.
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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
Northern Commercials (Mirfield) Limited is a commercial vehicle dealership located in Mirfield, West Yorkshire, UK. The company was established in 1971 and has since become a leading provider of both new and used commercial vehicles in the region.
The company offers a wide range of products and services including sales, servicing, and repairs of commercial vehicles from top brands such as Volvo, Renault, and Isuzu. They also provide rental and leasing options for businesses looking for temporary or long-term transportation solutions.
Northern Commercials is committed to sustainability and has implemented several initiatives to reduce their carbon footprint. This includes using eco-friendly materials in their operations, investing in energy-efficient technology, and promoting recycling and waste reduction.
The key people behind Northern Commercials include Managing Director, Mr. Roger Peel, and Sales Director, Mr. Mark McMahon. Both have extensive experience in the commercial vehicle industry and are dedicated to providing high-quality products and services to their customers.
For more information on their products, services, and sustainability efforts, interested parties can visit their website at www.norcom.co.uk. The company's registered office address is Northern Commercials, Leeds Road, Mirfield, West Yorkshire, WF14 0DY. Overall, Northern Commercials (Mirfield) Limited is a reputable and sustainable company that continues to serve the needs of businesses in the transportation industry.
