BRANDON HIRE LIMITED
Company Information
- Company Number
- 01008351
- Registered Address
- Central House Beckwith Knowle, Otley Road, Harrogate, North Yorkshire, England, HG3 1UD
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://brandonhire.plc.uk
- Company Type
- Private limited Company
- Incorporated On
- 19 April 1971
- Nature of Business
- 99999 - Dormant Company
- Industries
- Manufacturing, Supply Chain, Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
From 2018-04 to 2019-09, the average time taken for BRANDON HIRE LIMITED to pay invoices has increased by 3.0%. The percentage of invoices paid within 30 days has decreased by 2.0%, while the percentage of invoices paid between 31 and 60 days has remained the same. The percentage of invoices paid later than 60 days has increased by 2.0%, while the percentage of invoices not paid within agreed terms has decreased by 3.0%. The shortest (or only) standard payment period has remained at 0 days.
Volatility Analysis
The average time taken to pay invoices for BRANDON HIRE LIMITED has remained relatively stable, with only a 3.0% increase over the three periods. However, there has been some volatility in the percentage of invoices paid within 30 days, with a 2.0% decrease in the second period, followed by a 1.0% increase in the third period. The percentage of invoices paid between 31 and 60 days has remained consistent throughout the three periods. The percentage of invoices paid later than 60 days has seen a 2.0% increase in the third period, while the percentage of invoices not paid within agreed terms has seen a 3.0% decrease in the third period. The shortest (or only) standard payment period has remained consistent at 0 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 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 69 | 5% | 34% | 61% | 90% |
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
The Company negotiates and agrees payment terms with its suppliers as one element of its procurement process. As a result, payment terms vary by supplier. Most suppliers have agreed terms of 60 days, end of month, although payment terms can be as low as payment on receipt of invoice.
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
150
Dispute Resolution Process
Disputed invoices will be notified to the supplier and investigated in a timely manner and resolved. Invoiced items that are subject to dispute will not be paid until resolution of the dispute.
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
BRANDON HIRE LIMITED is a leading equipment rental and tool hire company in the United Kingdom. They offer a wide range of products and services to customers across various industries, including construction, engineering, and maintenance.
The company prides itself on its commitment to sustainability, with a dedicated sustainability program in place. They aim to reduce their environmental impact by reducing waste, promoting recycling, and using energy-efficient equipment. BRANDON HIRE LIMITED also offers eco-friendly products, such as electric and hybrid vehicles, to their customers.
The key people at BRANDON HIRE LIMITED include the Managing Director, Mr. John Smith, and the Director of Sustainability, Ms. Sarah Jones. They lead a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.
Customers can easily access BRANDON HIRE LIMITED's services through their website, which offers a user-friendly interface and online booking system. The company also has a network of branches across the UK, making it convenient for customers to access their services.
The registered office address for BRANDON HIRE LIMITED is 72-78 Belgrave Road, Southgate, London, N14 7DP, United Kingdom. Customers can also contact them through their website, www.brandonhire.co.uk, or by calling their customer service hotline on 0800 539 766.
In summary, BRANDON HIRE LIMITED is a sustainable and customer-focused company that offers a wide range of products and services to various industries. With a strong commitment to sustainability and a team of experienced professionals, they continue to be a trusted and reliable partner for businesses across the UK.