NORMA UK LIMITED
Company Information
- Company Number
- 01562585
- Registered Address
- Weber Road Greenham Business Park, Greenham, Newbury, Berkshire, RG19 6HW
- Status
- Active
- Employee Count
- 228
- Turnover
- £63,125,000
- EBITDA
- £7,887,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 May 1981
- Nature of Business
- 29320 - Manufacture of other parts and accessories for motor vehicles
- Industries
- Raw Materials And Intermediate Goods, Road Travel
- Region
- South East
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 2020 - 30 Jun 2020 | 07 Aug 2020 | 34 | 51% | 30% | 19% | 79% |
| 01 Jul 2019 - 31 Dec 2019 | 17 Feb 2020 | 50 | 23% | 44% | 33% | 87% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 44 | 28% | 46% | 26% | 78% |
| 01 Jul 2018 - 31 Dec 2018 | 21 Feb 2019 | 44 | 29% | 47% | 24% | 92% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 33 | 50% | 37% | 13% | 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
The most commonly used payment terms would be End of Month plus 30days, so typically 45 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any complaints would initially be handled by the Accounts Payable department and would be escalated to the Financial Controller.
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.
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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.
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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
NORMA UK LIMITED is a leading manufacturer and supplier of high-quality connecting and retaining solutions for various industries. The company was founded in 1896 and has its headquarters in Warrington, Cheshire.
The sustainability program of NORMA UK LIMITED focuses on reducing the environmental impact of its operations and products. The company has implemented various initiatives such as energy-efficient production processes, waste reduction, and use of sustainable materials. They also collaborate with their suppliers to ensure sustainable sourcing of materials.
NORMA UK LIMITED offers a wide range of products, including hose clamps, connectors, and modular systems. These products are used in industries such as automotive, agriculture, and construction. The company is known for its innovative and high-quality products that meet the needs of their customers.
The key people at NORMA UK LIMITED include the Managing Director, Mark Davis, and the Sales Director, James Gartside. They lead a team of highly skilled and experienced professionals who are dedicated to providing excellent customer service and maintaining the company's reputation as a market leader.
For any inquiries or information, NORMA UK LIMITED can be contacted through their website, www.normagroup.com/uk, or their registered office address at Norma House, 10 Mersey Street, Warrington, Cheshire, WA2 7NA.
