MANITOU UK LIMITED

Company Information

Company Number
01049338
Registered Address
Ebblake Industrial Estate, Verwood, Dorset, BH31 6BB
Status
Active
Employee Count
58
Turnover
£183,552,000
EBITDA
£7,789,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 April 1972
Nature of Business
28220 - Manufacture of lifting and handling equipment
Industries
Manufacturing, Supply Chain, Manufacturing And Commerce Models
Region
South West

Time to Pay

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

Payment Timeline

Within 30 Days
67%
31-60 Days
33%
After 60 Days
1%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-02-05
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 201905 Feb 20202867%33%1%0%
01 Jan 2019 - 30 Jun 201903 Feb 20203158%39%3%0%
01 Jul 2018 - 31 Dec 201808 Jul 20193350%45%5%0%
01 Jan 2018 - 30 Jun 201827 Jul 20183548%47%5%5%

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

Standard payment terms are 30 days from EOM

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

60

Dispute Resolution Process

We raise the dispute with the supplier as soon as a dispute has been raised by the signing off manager of the invoice. We then look to work with the supplier via the finance department to resolve all disputes as quickly and efficiently as possible.

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

MANITOU UK LIMITED is a leading company in the material handling industry, providing innovative and sustainable solutions for various sectors such as construction, agriculture, and logistics. The company was established in 1977 and has its headquarters in Warwickshire, England.

The sustainability program of MANITOU UK LIMITED is centered around reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives, such as using renewable energy sources in their operations, reducing waste and emissions, and implementing eco-friendly production processes.

The company offers a wide range of products and services, including telehandlers, forklifts, aerial work platforms, and attachments. These products are designed to meet the specific needs of different industries and provide efficient and safe handling solutions.

At the helm of MANITOU UK LIMITED is Managing Director, Mark Ormond, who has been with the company for over 20 years. He is supported by a team of experienced professionals who are dedicated to delivering high-quality products and services to their customers.

The company's website (www.manitouuk.com) serves as a comprehensive platform for customers to learn about their products, services, and sustainability efforts. It also provides contact information for sales, service, and support inquiries.

The registered office address of MANITOU UK LIMITED is Unit 6, Lowfield Way, Lowfield Business Park, Elland, West Yorkshire, HX5 9DA. The company is committed to providing sustainable solutions and is continuously working towards reducing their environmental impact while meeting the needs of their customers.

Financial Metrics

Cash
£1,000
Net Worth
£13,444,000
Total Current Assets
£83,867,000
Total Current Liabilities
£69,179,000

Company Location