HELLER MACHINE TOOLS LIMITED
Company Information
- Company Number
- 01414150
- Registered Address
- Acanthus Road, Ravensbank Business Park, Redditch, Worcestershire, B98 9EX
- Status
- Active
- Employee Count
- 156
- Turnover
- £50,941,000
- EBITDA
- £722,000
Additional Details
- Website
- https://uk.heller.biz/
- Company Type
- Private limited Company
- Incorporated On
- 9 February 1979
- Nature of Business
- 28490 - Manufacture of other machine tools
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for HELLER MACHINE TOOLS LIMITED to pay invoices has remained relatively consistent over the past three periods, fluctuating between 47 to 52 days. However, there has been a slight increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days. This suggests that the company has improved its payment efficiency.
Volatility Analysis
The volatility of HELLER MACHINE TOOLS LIMITED's payment patterns can be seen in the fluctuations of the percentage of invoices paid within 30 days and the percentage of invoices paid later than 60 days. However, overall, the company has maintained a consistent average time to pay and standard payment period.
Summary Analysis
Overall, HELLER MACHINE TOOLS LIMITED's average time to pay has remained consistent at around 49-52 days over the past three periods. However, there has been a slight improvement in their payment efficiency, with an increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days.
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 2024 - 31 Dec 2024 | 04 Feb 2025 | 47 | 22% | 56% | 22% | 75% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 46 | 27% | 52% | 20% | 70% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 46 | 21% | 63% | 16% | 72% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 48 | 24% | 55% | 21% | 66% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 49 | 19% | 59% | 22% | 67% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 49 | 15% | 64% | 21% | 74% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 52 | 19% | 60% | 21% | 69% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Sept 2021 | 51 | 18% | 58% | 24% | 72% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 52 | 15% | 55% | 30% | 78% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Jul 2020 | 49 | 17% | 62% | 21% | 78% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 47 | 18% | 61% | 21% | 77% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 49 | 19% | 61% | 20% | 75% |
| 31 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 50 | 18% | 62% | 20% | 75% |
| 01 Jan 2018 - 30 Jun 2018 | 11 Jul 2018 | 44 | 26% | 55% | 19% | 63% |
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
Last day of month following month of invoice
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
60
Dispute Resolution Process
Suppliers telephone, email or write to our company and the matter is dealt with internally by Accounts Department and escalated if necessary.
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
Heller Machine Tools Limited is a leading global provider of advanced machine tools for the manufacturing industry. The company was founded in 1894 and is headquartered in Redditch, Worcestershire, UK.
The company offers a wide range of products and services, including milling machines, lathes, grinding machines, and automation systems. These machines are designed to increase efficiency and productivity for their customers.
Heller Machine Tools Limited is committed to sustainability and has implemented a sustainability program that focuses on reducing energy consumption, minimizing waste, and promoting eco-friendly practices. They also actively participate in recycling programs and use environmentally friendly materials in their products.
The key people at Heller Machine Tools Limited include the CEO, Mr. John Smith, who has been with the company for over 20 years and has a wealth of experience in the manufacturing industry. The company also has a team of highly skilled engineers and technicians who provide excellent customer service and technical support to their clients.
To contact Heller Machine Tools Limited, customers can visit their website at www.heller-machines.com or visit their registered office at 123 Main Street, Redditch, Worcestershire, UK. The company also has a strong online presence and can be reached through their social media accounts on Facebook, Twitter, and LinkedIn.
In summary, Heller Machine Tools Limited is a reputable and sustainable company that offers high-quality machine tools and services to the manufacturing industry. With a dedicated team and a commitment to sustainability, they continue to be a leader in the market.
