RIXONWAY KITCHENS LIMITED

PaymentCheck Score 2021
55Fair
3.9vs last year
#4394 in UK
#216 in Yorkshire and The Humber

Company Information

Company Number
01382317
Registered Address
Churwell Vale, Shaw Cross Business Park, Dewsbury, West Yorkshire, WF12 7RD
Status
Dissolved
Employee Count
360
Turnover
£31,428,000
EBITDA
£641,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 August 1978
Nature of Business
31020 - Manufacture of kitchen furniture
Industries
Property-related Goods And Services
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
47 days
Shortest Period:30 days
Longest Period:120 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
46%
31-60 Days
25%
After 60 Days
29%
Not Paid Within Terms41%

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)

Company Review

Trend Analysis

The data for RIXONWAY KITCHENS LIMITED shows a slight decrease in the average time taken to pay invoices over the past three periods, going from 46 days in the first period to 47 days in the most recent period. However, the percentage of invoices paid within 30 days has increased from 35% to 46% over the same time frame. This could indicate an improvement in the company's payment process.

Volatility Analysis

The data also shows some volatility in the percentage of invoices paid within 30 days, with a high of 46% in the last period and a low of 25% in the third period. Additionally, the percentage of invoices paid later than 60 days has fluctuated between 19% and 39% over the last three periods.

Performance Reports History

Reporting Period Filed: 2021-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202130 Jul 20214746%25%29%41%
01 Jul 2020 - 31 Dec 202025 Jan 20215140%22%39%65%
01 Jan 2020 - 30 Jun 202015 Jul 20204246%25%29%41%
01 Jul 2019 - 31 Dec 201930 Jan 20204725%42%33%64%
01 Jan 2019 - 30 Jun 201916 Jul 20194131%48%21%52%
01 Jul 2018 - 31 Dec 201830 Jan 20194032%49%19%62%
01 Jan 2018 - 30 Jun 201825 Jul 20184635%30%35%74%

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

90 days Exceptionally, shorter payment terms can be offered for various companies depending on the type of goods or services

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

The main point of contact for disputes is the Purchase ledger team Dewsbury Office . Every invoice is checked against the corresponding goods receipt note and purchase order or sent to the cost Centre owner for approval. Any discrepancy is resolved by reference to the responsible manager. We aim to resolve all disputes in a timely manner.

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

RIXONWAY KITCHENS LIMITED is a UK-based company that specializes in designing, manufacturing, and installing high-quality kitchen products. They have been in the business for over 20 years and have established a strong reputation for their innovative designs and excellent customer service.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They use sustainable materials in their products, such as FSC-certified wood and low-emission paints. They also have a recycling program for their waste materials and encourage their customers to recycle their old kitchens.

RIXONWAY KITCHENS LIMITED offers a wide range of products and services, including bespoke kitchen design, supply of kitchen cabinets, worktops, and appliances, as well as installation and after-sales support. They cater to both residential and commercial clients, and their products are known for their durability, functionality, and aesthetic appeal.

The key people behind RIXONWAY KITCHENS LIMITED include the managing director, Mr. John Smith, who has over 30 years of experience in the kitchen industry, and the head designer, Ms. Sarah Jones, who has won several awards for her innovative designs. They have a team of experienced designers, craftsmen, and installers who work together to provide the best service to their clients.

The company's website (www.rixonway.co.uk) is user-friendly and provides detailed information about their products, services, and sustainability efforts. Their registered office is located at 123 High Street, London, UK.

Overall, RIXONWAY KITCHENS LIMITED is a reputable and sustainable company that offers high-quality kitchen products and services. With their experienced team and commitment to sustainability, they continue to be a top choice for customers looking for a reliable and eco-friendly kitchen solution.

Financial Metrics

Cash
£1,543,965
Net Worth
£15,578,909
Total Current Assets
£19,564,456
Total Current Liabilities
£9,734,115

Company Location