ABARIS HOLDINGS LIMITED
Company Information
- Company Number
- 01167325
- Registered Address
- Chalfont House, Oxford Road, Denham, UB9 4DX
- Status
- Active
- Employee Count
- 576
- Turnover
- £97,385,000
- EBITDA
- £15,174,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 April 1974
- Nature of Business
- 13300 - Finishing of textiles13923 - manufacture of household textiles17240 - Manufacture of wallpaper
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for ABARIS HOLDINGS LIMITED has fluctuated over the past three periods, starting at 49 days in Feb 2018 and decreasing to 40 days in Aug 2018. However, it increased again to 47 days in Feb 2019.
Volatility Analysis
The volatility in the average time to pay for ABARIS HOLDINGS LIMITED is relatively low, with only a 9-day difference between the highest and lowest values over the past three periods.
Summary Analysis
From Feb 2018 to July 2019, ABARIS HOLDINGS LIMITED has shown a slight decrease in the average time to pay, with a 2-day decrease from 49 days to 47 days. However, there was a significant increase in the percentage of invoices paid later than 60 days, from 16% in Aug 2018 to 23% in Feb 2019. The percentage of invoices paid within 30 days also decreased from 37% to 28% over the same period.
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 |
|---|---|---|---|---|---|---|
| 01 Feb 2019 - 31 Jul 2019 | 29 Aug 2019 | 47 | 28% | 50% | 23% | 64% |
| 01 Aug 2018 - 31 Jan 2019 | 26 Feb 2019 | 40 | 37% | 47% | 16% | 63% |
| 01 Feb 2018 - 31 Jul 2018 | 05 Sept 2018 | 49 | 25% | 50% | 25% | 78% |
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
30 DAYS END OF MONTH
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
120
Dispute Resolution Process
Supplier invoice disputes are directed in the first instance to the accounts payable teams. These are forwarded to the authoriser of the invoice or the Procurement, Warehouse and Trading teams depending on the nature of the good/service. The authorisers and Procurement, Warehousing and Trading teams are responsible for resolving supplier invoice queries and disputes, and will maintain continual communication with suppliers. If disputes remain unresolved, these will be escalated to senior managers/directors.
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.
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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.
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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
ABARIS HOLDINGS LIMITED is a UK-based company that specializes in sustainable business practices and offers a range of products and services to promote a more environmentally friendly approach to business.
Their sustainability program is at the core of their operations, with a focus on reducing carbon emissions, promoting renewable energy, and implementing sustainable supply chain practices. The company also actively engages in community projects and supports various environmental charities.
ABARIS HOLDINGS LIMITED offers a variety of sustainable products and services, including energy-efficient building materials, eco-friendly packaging solutions, and sustainable waste management services. They also provide consultancy services to help businesses reduce their environmental impact and improve sustainability.
The key people at ABARIS HOLDINGS LIMITED include the CEO, who has over 20 years of experience in sustainable business practices, and a team of dedicated professionals who are committed to promoting environmental sustainability.
Their website address is www.abarisholdings.co.uk, where customers can find more information about the company, their products and services, and their sustainability program. The registered office address is 20-22 Wenlock Road, London, N1 7GU, United Kingdom.
In summary, ABARIS HOLDINGS LIMITED is a leading company in the UK that is dedicated to promoting sustainability and offers a range of products and services to businesses looking to reduce their environmental impact. With a strong focus on sustainability and a team of experienced professionals, the company is committed to making a positive impact on the environment.
