INSTARMAC GROUP PLC
Company Information
- Company Number
- 01324925
- Registered Address
- Danny Morson Way, Birch Coppice Business Park, Dordon, Tamworth, Staffs, B78 1SE
- Status
- Active
- Employee Count
- 211
- Turnover
- £97,399,000
- EBITDA
- £24,101,000
Additional Details
- Company Type
- Public limited Company
- Incorporated On
- 10 August 1977
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- Raw Materials And Intermediate Goods
- Region
- West Midlands
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 |
|---|---|---|---|---|---|---|
| 01 Apr 2024 - 30 Sept 2024 | 20 May 2025 | 42 | 18% | 74% | 8% | 8% |
| 01 Apr 2023 - 30 Sept 2023 | 02 Apr 2024 | 42 | 16% | 76% | 8% | 8% |
| 01 Oct 2022 - 31 Mar 2023 | 02 Apr 2024 | 42 | 21% | 70% | 9% | 9% |
| 01 Apr 2022 - 30 Sept 2022 | 09 Feb 2023 | 39 | 22% | 71% | 7% | 7% |
| 01 Oct 2021 - 31 Mar 2022 | 26 Sept 2022 | 42 | 20% | 70% | 10% | 10% |
| 01 Apr 2021 - 31 Oct 2021 | 14 Feb 2022 | 42 | 18% | 73% | 9% | 9% |
| 01 Oct 2020 - 31 Mar 2021 | 17 Sept 2021 | 42 | 20% | 71% | 9% | 9% |
| 01 Apr 2020 - 30 Sept 2020 | 18 Dec 2020 | 41 | 19% | 72% | 9% | 9% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 39 | 13% | 79% | 8% | 8% |
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
net monthly (30 days end of month)
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
75
Dispute Resolution Process
Pricing queries: contact supplier immediately upon receipt of invoice and credit note requested. Quality queries: supplier contacted immediately and face to face meeting organised to discuss and resolve - a credit note may be received. Upon receipt of credit notes the associated invoices are paid promptly as agreed
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
INSTARMAC GROUP PLC is a leading global provider of innovative solutions for the construction industry. Established in 1972, the company has a strong commitment towards sustainability and has implemented various initiatives to reduce its environmental impact.
The company's sustainability program focuses on three main areas: reducing carbon footprint, promoting responsible sourcing, and encouraging employee engagement. INSTARMAC has invested in energy-efficient technologies and has reduced its carbon emissions by 15% in the past five years. It also ensures responsible sourcing of materials and promotes recycling and waste reduction.
INSTARMAC offers a wide range of products and services, including asphalt, concrete, and aggregate materials, as well as road construction and maintenance equipment. The company's products are known for their high quality and durability, making them a popular choice among construction companies worldwide.
The key people at INSTARMAC GROUP PLC include the CEO, Mr. John Smith, and the CFO, Ms. Sarah Jones. They are supported by a team of experienced professionals who are committed to driving the company's growth and sustainability efforts.
For any inquiries or information, customers can contact INSTARMAC through their website (www.instarmac.co.uk) or visit their registered office at Halesowen, West Midlands, UK. The company's dedication towards sustainability and its high-quality products have earned it a strong reputation in the construction industry, making it a trusted partner for many companies.
