STANNAH LIFT SERVICES LIMITED

PaymentCheck Score 2025
90Good
1.1vs last year
#899 in UK
#4 in Manufacturing
#150 in South East

Company Information

Company Number
01189799
Registered Address
Watt Close, East Portway, Andover, Hampshire, SP10 3SD
Status
Active
Employee Count
851
Turnover
£138,785,000
EBITDA
£4,939,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 November 1974
Nature of Business
28220 - Manufacture of lifting and handling equipment
33120 - Repair of machinery
33200 - Installation of industrial machinery and equipment
47990 - Other retail sale not in stores, stalls or markets
Industries
Manufacturing, Supply Chain, Manufacturing And Commerce Models
Region
South East

Time to Pay

Average Time to Pay
24 days
Shortest Period:5 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
92%
31-60 Days
5%
After 60 Days
3%
Not Paid Within Terms9%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20252692%5%3%11%
01 Jul 2024 - 31 Dec 202403 Feb 20252593%5%2%10%
01 Jan 2024 - 30 Jun 202415 Jul 20242492%5%3%9%
07 Jan 2023 - 31 Dec 202301 Feb 20242591%6%3%16%
01 Jan 2023 - 30 Jun 202301 Aug 20232589%8%3%18%
01 Jul 2022 - 31 Dec 202202 Feb 20232774%22%4%43%
01 Jan 2022 - 30 Jun 202201 Aug 20222686%13%1%39%
01 Jul 2021 - 31 Dec 202101 Feb 20221992%7%1%36%
01 Jan 2021 - 30 Jun 202104 Aug 20211994%5%1%32%
01 Jul 2020 - 31 Dec 202009 Feb 20212093%6%1%21%
01 Jan 2020 - 30 Jun 202006 Aug 20202091%7%2%20%
01 Jul 2019 - 31 Dec 201927 Jan 20202095%2%3%12%
01 Jan 2019 - 01 Jun 201923 Jul 20191997%2%1%10%
01 Jul 2018 - 31 Dec 201806 Feb 20191898%0%2%15%
01 Jan 2018 - 30 Jun 201827 Jul 20182097%2%1%38%

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

Stannah Lift Services Limited standard terms and conditions can be found at the following link http://terms.stannah.co.uk/liftservicestcs.htm. Whilst the standard payment terms are 60 days Stannah Lift Services Limited negotiates mutually acceptable alternatives where necessary. The most frequently used payment terms in the reporting period are 30 days.

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

Payment queries are initially raised with Accounts Payable team. If any issues require escalation they are passed to senior managers for resolution. Queries should be emailed directed to accountspayable@stannah.co.uk in the first instance.

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

STANNAH LIFT SERVICES LIMITED is a UK-based company that specializes in the manufacture, installation, and maintenance of lifts, escalators, and stairlifts. The company was founded in 1867 and has been providing innovative solutions for vertical transportation ever since.

The company's sustainability program is focused on reducing their environmental impact, promoting social responsibility, and ensuring economic sustainability. They have implemented various initiatives such as using eco-friendly materials in their products, reducing energy consumption in their operations, and promoting ethical and fair labor practices.

STANNAH offers a wide range of lift products and services, including residential lifts, commercial lifts, platform lifts, and goods lifts. They also provide custom solutions for clients with specific needs and requirements. Their lifts and escalators are designed with safety, efficiency, and accessibility in mind, making them suitable for a diverse range of buildings and environments.

The key people at STANNAH LIFT SERVICES LIMITED include Alastair Stannah, the chairman, and Jon Stannah, the managing director. The company has a team of experienced engineers and technicians who are dedicated to delivering high-quality products and services to their customers.

For more information on their products and services, customers can visit their website at www.stannahlifts.co.uk. The registered office address for STANNAH LIFT SERVICES LIMITED is Watt Close, East Portway Industrial Estate, Andover, Hampshire, SP10 3SD, UK.

In summary, STANNAH LIFT SERVICES LIMITED is a reputable company that has been providing reliable and sustainable vertical transportation solutions for over 150 years. With a focus on sustainability, a wide range of products and services, and a team of experienced professionals, they continue to be a leader in the industry.

Financial Metrics

Cash
£942,000
Net Worth
£14,063,000
Total Current Assets
£30,272,000
Total Current Liabilities
£13,111,000

Company Location