JCB MATERIALS HANDLING LIMITED
Company Information
- Company Number
- 01351843
- Registered Address
- Lakeside Works, Rocester, Near Uttoxeter, Staffordshire, ST14 5JP
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://jcb.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 7 February 1978
- Nature of Business
- 28922 - Manufacture of earthmoving equipment
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for JCB MATERIALS HANDLING LIMITED to pay invoices has decreased from 51 days in Jan 2018-Jun 2018 to 45 days in Jan 2019-Jun 2019.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated between 6%-11% in the past three periods.
Summary Analysis
From Jan 2018-Jun 2018 to Jan 2019-Jun 2019, there has been a decrease in the average time taken for JCB MATERIALS HANDLING LIMITED to pay invoices, from 51 days to 45 days. The percentage of invoices paid within 30 days has also increased from 7% to 11%. However, the percentage of invoices not paid within agreed terms remains high at 72% in Jan 2019-Jun 2019.
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 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 54 | 6% | 54% | 40% | 66% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 51 | 7% | 53% | 40% | 82% |
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
Payments by the Company will normally be made at the month end of the month following receipt of invoice plus one English working day.
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
90
Dispute Resolution Process
Group Purchasing deal with all qualifying contractual payment queries, along with dispute resolution. There are no specific resolution timescales and will be dealt with as a priority.
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
JCB MATERIALS HANDLING LIMITED is a leading company in the materials handling industry, specializing in the design, manufacture, and distribution of a wide range of material handling equipment. The company was established in 2000 and is headquartered in Rocester, Staffordshire, UK.
The company's sustainability program aims to minimize its environmental impact and promote sustainable practices throughout its operations. This includes reducing carbon emissions, conserving energy and water, and implementing waste management strategies. JCB MATERIALS HANDLING LIMITED also works closely with its suppliers to ensure sustainability in its supply chain.
The company's products and services include a variety of forklift trucks, telehandlers, and other material handling equipment, designed for use in various industries such as agriculture, construction, logistics, and manufacturing. These products are known for their reliability, durability, and advanced technology, making them popular among customers worldwide.
Key people at JCB MATERIALS HANDLING LIMITED include the Chairman, Lord Bamford, and the CEO, Graeme Macdonald. The company has a dedicated team of engineers, designers, and technicians who are committed to delivering high-quality products and services to their customers.
For more information about JCB MATERIALS HANDLING LIMITED and its products and services, you can visit their website at www.jcbmh.com. The company's registered office address is Lakeside Works, Rocester, Staffordshire, ST14 5JP, UK. They can also be contacted through their customer service hotline at +44 (0)1889 590312.
