JACK RICHARDS & SON LIMITED
Company Information
- Company Number
- 01041518
- Registered Address
- 2 Garrood Drive Industrial Estate, Fakenham, Norfolk, NR21 8NN
- Status
- Active
- Employee Count
- 744
- Turnover
- £81,430,000
- EBITDA
- £17,456,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 8 February 1972
- Nature of Business
- 49410 - Freight transport by road
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- East of England
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 |
|---|---|---|---|---|---|---|
| 30 Dec 2024 - 29 Jun 2025 | 09 Oct 2025 | 49 | 11% | 65% | 24% | 71% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 53 | 9% | 59% | 32% | 81% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 54 | 8% | 62% | 30% | 84% |
| 02 Jan 2023 - 01 Jul 2023 | 26 Jul 2023 | 52 | 10% | 64% | 25% | 83% |
| 03 Jul 2022 - 01 Jan 2023 | 16 Jan 2023 | 53 | 10% | 63% | 27% | 72% |
| 03 Jan 2022 - 02 Jul 2022 | 26 Sept 2022 | 55 | 12% | 58% | 31% | 85% |
| 04 Jul 2021 - 02 Jan 2022 | 19 Jan 2022 | 54 | 8% | 62% | 30% | 77% |
| 04 Jan 2021 - 03 Jul 2021 | 08 Jul 2021 | 53 | 11% | 59% | 30% | 78% |
| 06 Jul 2020 - 03 Jan 2021 | 12 Jan 2021 | 54 | 13% | 57% | 30% | 73% |
| 27 May 2019 - 05 Jan 2020 | 28 Jan 2020 | 61 | 12% | 44% | 44% | 82% |
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
Subcontractor standard terms are 60 Days end of month from date of invoice, all other invoices standard terms are 30 days end of month from date of invoice. These standard terms apply unless otherwise agreed with the Finance Director.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
120
Dispute Resolution Process
The supplier will be contacted by email or phone to inform them of the dispute. If the dispute is not resolved then the query will be passed onto the necessary department in order to come to a solution.
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
JACK RICHARDS & SON LIMITED is a leading logistics and transportation company based in Fakenham, Norfolk, United Kingdom. Founded in 1956, the company has been providing high-quality services to its customers for over 65 years.
The company offers a wide range of logistics solutions including road transport, warehousing, and distribution services. They cater to various industries such as retail, manufacturing, food and beverages, and construction. With a fleet of over 280 vehicles and a team of skilled professionals, JACK RICHARDS & SON LIMITED is committed to delivering efficient and reliable transportation services.
As a responsible and sustainable company, JACK RICHARDS & SON LIMITED has implemented various initiatives to reduce their environmental impact. They have invested in modern and fuel-efficient vehicles, installed solar panels in their warehouses, and implemented recycling programs. They also prioritize the use of eco-friendly packaging materials and promote the use of electric and hybrid vehicles.
The company's commitment to sustainability is evident through their ISO 14001 certification, which recognizes their efforts in minimizing their carbon footprint. They also support various local community projects and charities, demonstrating their dedication to social responsibility.
JACK RICHARDS & SON LIMITED is led by a team of experienced professionals, including the Managing Director, Jack Richards, who has been with the company for over 50 years. The company has a strong emphasis on customer satisfaction and prides itself on its excellent customer service.
For more information on their services or to get in touch with the company, you can visit their website at www.jackrichards.co.uk. The registered office address for JACK RICHARDS & SON LIMITED is Brick Kiln Lane, Fakenham, Norfolk, NR21 8NN, United Kingdom.
