WANZL LIMITED
Company Information
- Company Number
- 01403566
- Registered Address
- Europa House, Heathcote Lane, Warwick, CV34 6SP
- Status
- Active
- Employee Count
- 645
- Turnover
- £112,980,000
- EBITDA
- £9,643,000
Additional Details
- Website
- https://wanzl.com/
- Company Type
- Private limited Company
- Incorporated On
- 4 December 1978
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Supply Chain
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
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 2020 - 31 Dec 2020 | 10 Feb 2021 | 50 | 20% | 62% | 18% | 25% |
| 01 Jan 2020 - 30 Jun 2020 | 10 Feb 2021 | 54 | 16% | 59% | 25% | 31% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 41 | 29% | 61% | 10% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 44 | 25% | 60% | 15% | 7% |
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
Wanzl UK Standard Payment terms for qualifying contracts can be broadly categorised as: 1) 30 days End of Month 2) 60 days End of Month 3) Non-Credit Accounts
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
90
Dispute Resolution Process
Disputes Resolution Process: 1) Business adopt key procurement process of: a) raising PO's, b) PO approval by authorised staff c) Confirming receipt of Goods & service before processing invoice on system d) matching supplier invoice to PO 2) Concerns are raised to Purchase Ledger department via phone/email 3) Depending on nature of issue, linked parties including procurement officer/manager, and personnel requesting/agreeing the spend are included to support dispute resolution. 4) Invoices remains on query until investigations are completed, with general business policies to complete investigation with reasonable priority. 5) Once there is evidence (or Not) of disputes being substantiated, Accounts Payable/(Finance) team/ Expense requestor/Procurement officer would communicate back to supplier with actions.
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
WANZL LIMITED is a British company that specializes in providing high-quality equipment and solutions for retail and industrial sectors. They have been in operation for over 60 years and have a global presence with offices in over 20 countries.
The company offers a wide range of products and services, including shopping trolleys, shelving systems, checkout counters, and custom-made solutions for retail stores. They also provide industrial solutions such as logistics trolleys, storage systems, and airport equipment.
WANZL LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental footprint. This includes using sustainable materials in their products, optimizing their supply chain to reduce emissions, and promoting energy-efficient solutions to their clients.
The company's key people include the managing director, Paul Baulch, and the sales director, Chris Rogers. They have a team of highly skilled professionals who are dedicated to providing excellent customer service and innovative solutions to their clients.
WANZL LIMITED's website address is www.wanzl.com, where customers can find information about their products and services, as well as contact details for their offices worldwide. The company's registered office address is located in Leicestershire, United Kingdom.
In conclusion, WANZL LIMITED is a well-established company that offers a wide range of products and services to the retail and industrial sectors. They are committed to sustainability and have a strong team of professionals dedicated to delivering high-quality solutions to their clients.