J T ATKINSON & SONS LIMITED

Company Information

Company Number
01027936
Registered Address
Thornton House, Cargo Fleet Lane, Middlesbrough, TS3 8DE
Status
Active
Employee Count
529
Turnover
£136,050,000
EBITDA
£9,167,000

Additional Details

Company Type
Private limited Company
Incorporated On
20 October 1971
Nature of Business
46130 - Agents involved in the sale of timber and building materials
Industries
Raw Materials And Intermediate Goods
Region
North East

Time to Pay

Average Time to Pay
36 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
36%
31-60 Days
62%
After 60 Days
2%
Not Paid Within Terms2%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201929 Jan 20203636%62%2%2%
01 Jan 2019 - 30 Jun 201929 Jul 20193639%58%3%3%
01 Jul 2018 - 31 Dec 201825 Mar 20193639%57%3%3%

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

Payment is made at the end of the month following the month in which the relevant invoice is dated. Some suppliers offer a discount for earlier payment.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

Dispute Resolution Process

Our purchase ledger team is in regular contact with suppliers to resolve both pricing and delivery volume issues. We aim to keep disputed items to a minimum.

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

J T Atkinson & Sons Limited is a British company that specializes in the retail and distribution of building materials and home improvement products. The company was founded in 1861 and has been in operation for over 150 years.

Sustainability is a key focus for J T Atkinson & Sons Limited and the company has implemented various initiatives to reduce their environmental impact. This includes using sustainable materials in their products and packaging, reducing energy consumption, and promoting recycling and waste reduction.

The company offers a wide range of products and services, including building materials, plumbing and heating supplies, tools and equipment, gardening and landscaping products, and a variety of home improvement products. They also provide delivery and installation services to their customers.

Key people within the company include the managing director, John Atkinson, who is the great-grandson of the company's founder, and the chairman, David Atkinson. Both John and David are committed to upholding the company's values of quality, value, and service.

Customers can visit J T Atkinson & Sons Limited's website to browse their extensive product range and place orders for delivery or collection. The company has 29 branches across the North of England and Scotland, with their registered office located in Middlesbrough.

In summary, J T Atkinson & Sons Limited is a well-established company in the building materials and home improvement industry, with a strong focus on sustainability. They offer a wide range of products and services and are led by a dedicated team of individuals. Their commitment to quality, value, and service has made them a trusted choice for customers in the North of England and Scotland.

Financial Metrics

Cash
£35,531
Net Worth
£3,106,954
Total Current Assets
£39,878,299
Total Current Liabilities
£17,285,857

Company Location