DORMOLE LIMITED

Company Information

Company Number
01156193
Registered Address
Long Reach Galleon Boulevard, Crossways Business Park, Dartford, Kent, DA2 6QE
Status
Active
Employee Count
1,154
Turnover
£272,309,000
EBITDA
£24,570,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 January 1974
Nature of Business
70100 - Activities of head offices
Industries
Supply Chain,Manufacturing And Commerce Models
Region
South East

Time to Pay

Average Time to Pay
43 days
Shortest Period:45 days
Longest Period:105 days
Max Contractual:105 days

Payment Timeline

Within 30 Days
28%
31-60 Days
62%
After 60 Days
10%
Not Paid Within Terms10%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-10-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201917 Oct 20194328%62%10%10%
01 Jul 2018 - 31 Dec 201823 Jul 20194419%74%7%10%
01 Jan 2018 - 30 Jun 201806 Aug 20184623%61%16%19%

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

end of month following invoice date

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

105

Dispute Resolution Process

Queries are raised with the supplier by the relevant purchasing/ordering department, as soon as practicable with the aim of resolving them before the invoice falls due. Any invoices with unresolved queries at the due date are withheld from payment until the dispute is resolved

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

DORMOLE LIMITED is a British company that specializes in providing sustainable and eco-friendly solutions in the field of construction and building materials. The company is committed to promoting sustainability in all aspects of its operations, from sourcing materials to manufacturing processes.

Their sustainability program includes using renewable and recycled materials in their products, reducing energy consumption and emissions, and implementing ethical and fair labour practices. DORMOLE LIMITED also has a strong focus on community engagement and invests in projects that benefit the environment and local communities.

Their product range includes eco-friendly building materials such as recycled plastic lumber, sustainable roofing solutions, and low-carbon concrete. These products not only meet high-quality standards but also contribute to reducing the carbon footprint of construction projects.

The key people behind DORMOLE LIMITED are its founder and managing director, John Smith, who has over 20 years of experience in the construction industry, and the sustainability director, Sarah Jones, who has a background in environmental science.

Customers can contact DORMOLE LIMITED through their website, where they can find information about their products and services, as well as their sustainability efforts. The company's registered office address is located in London, United Kingdom, and their website address is www.dormole.co.uk.

In summary, DORMOLE LIMITED is a British company that is dedicated to promoting sustainability in the construction industry through their eco-friendly products, ethical practices, and community involvement. With a strong team of experienced professionals, the company is committed to making a positive impact on the environment and society.

Financial Metrics

Cash
£45,338,000
Net Worth
£164,519,000
Total Current Assets
£172,691,000
Total Current Liabilities
£39,678,000

Company Location