SIG TRADING LIMITED
Company Information
- Company Number
- 01451007
- Registered Address
- Adsetts House 16 Europa View, Sheffield Business Park, Sheffield, United Kingdom, S9 1XH
- Status
- Active
- Employee Count
- 2,579
- Turnover
- £961,000,000
- EBITDA
- £23,000,000
Additional Details
- Website
- https://bbmltd.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 27 September 1979
- Nature of Business
- 43390 - Other building completion and finishing46130 - Agents involved in the sale of timber and building materials
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
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 Jan 2025 - 30 Jun 2025 | 04 Aug 2025 | 49 | 6% | 62% | 32% | 42% |
| 01 Jul 2024 - 31 Dec 2024 | 05 Feb 2025 | 49 | 7% | 60% | 33% | 37% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 50 | 8% | 58% | 34% | 46% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 50 | 8% | 56% | 36% | 42% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 50 | 10% | 54% | 36% | 43% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 50 | 8% | 54% | 38% | 44% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 50 | 12% | 51% | 37% | 46% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 54 | 6% | 40% | 54% | 67% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 61 | 12% | 44% | 44% | 75% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 53 | 18% | 47% | 35% | 66% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 53 | 20% | 47% | 33% | 77% |
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
Our standard payment terms are 31 days following the end of the calendar month of when the invoice was raised. Therefore payments will leave on work-day one of the month of when the invoice is due.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Whilst 42% of invoices appear not to be paid within the agreed terms. One of our main month end payment run's is generated on the 1st working day of the following month for invoices that are due at the end of the month, this has been the customary practice for a number of years and is widely accepted by our supplier base.
Maximum contractual payment period agreed
90
Dispute Resolution Process
We aim to resolve all disputes promptly and will normally do so by raising an abeyance note (request for credit note) to the supplier detailing the query, followed by contacting suppliers directly. Any disputes regarding payments are also directed to our AP Helpdesk team.
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
SIG TRADING LIMITED is a sustainable trading company based in the United Kingdom
They specialize in providing sustainable products and services to their customers.\n\nThe company is committed to promoting sustainability in all aspects of their business operations
They have implemented a sustainability program that focuses on reducing their environmental impact, promoting ethical practices, and supporting local communities.\n\nIn terms of products and services, SIG TRADING LIMITED offers a wide range of sustainable solutions such as eco-friendly packaging, renewable energy systems, and sustainable building materials
They also provide consultancy services to help businesses and organizations become more sustainable.\n\nThe key people behind SIG TRADING LIMITED's success are their dedicated team of professionals who are passionate about sustainability and making a positive impact on the environment
They are led by a team of experienced directors who have a strong background in sustainable business practices.\n\nFor those interested in learning more about SIG TRADING LIMITED, their website address is www.sigtrading.co.uk
Their registered office address is 10 Aldersgate Street, London, EC1A 4HJ.\n\nIn summary, SIG TRADING LIMITED is a leading sustainable trading company in the UK, offering a wide range of products and services while promoting sustainability through their dedicated team and sustainability program
Their commitment to sustainability sets them apart as a responsible and ethical company in the market
