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

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

Average Time to Pay
69 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:150 days

Payment Timeline

Within 30 Days
5%
31-60 Days
34%
After 60 Days
61%
Not Paid Within Terms90%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

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 Filed: 2018-10-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2018 - 30 Sept 201830 Oct 2018695%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.

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

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.

Financial Metrics

Cash
£0
Net Worth
£3,158,000
Total Current Assets
£3,158,000
Total Current Liabilities
£0

Company Location