SODRA WOOD LIMITED
Company Information
- Company Number
- 01789912
- Registered Address
- Unit 18/19 Cirencester Office Park, Tetbury Road, Cirencester, England, GL7 6JJ
- Status
- Active
- Employee Count
- 29
- Turnover
- £103,167,000
- EBITDA
- £2,612,000
Additional Details
- Website
- https://sodra.com
- Company Type
- Private limited Company
- Incorporated On
- 8 February 1984
- Nature of Business
- 46730 - Wholesale of wood, construction materials and sanitary equipment
- Industries
- Raw Materials And Intermediate Goods
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2023 - 31 Dec 2023 | 26 Mar 2024 | 34 | 37% | 61% | 2% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Mar 2024 | 33 | 42% | 57% | 1% | 8% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Mar 2024 | 29 | 50% | 49% | 1% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 32 | 51% | 44% | 5% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 32 | 59% | 39% | 2% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 33 | 48% | 48% | 4% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 10 Feb 2021 | 33 | 57% | 42% | 1% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 32 | 63% | 36% | 1% | 0% |
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
We do not have a standard payment term set for our suppliers. The most frequent term is NMA (net monthly account - average 45 days) and this is used for our smaller suppliers, however we do have a range of shorter to pro-forma terms on the small suppliers. The higher value stock invoices tend to be on shorter terms where the average would be 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
Invoice queries in the first instance are taken up by PL team and investigated, copies and supporting information requested. Stock queries would be resolved with assistance from shipping and procurement managers. Haulier invoices with support from distribution manager and smaller adhoc suppliers with the relevant contact.
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
SODRA WOOD LIMITED is a leading Swedish company that specializes in the production and distribution of sustainable wood products. With over 100 years of experience in the industry, the company is committed to promoting sustainable forestry and ensuring the responsible use of natural resources.
The company's sustainability program is a key focus, and it includes measures such as responsible forest management, carbon offsetting, and reducing their environmental impact. SODRA WOOD LIMITED also works closely with local communities to support social and economic development.
Their range of products includes high-quality sawn timber, wood pulp, and biofuels, all produced from responsibly managed forests. These products are used in various industries, such as construction, packaging, and energy production, and are known for their durability and eco-friendliness.
The key people at SODRA WOOD LIMITED include the CEO, Lars Idermark, who has been with the company since 2014, and the Chairman, Lena Ek, who has a background in sustainable development and environmental policy.
The company's registered office address is Södra vägen 1, 351 89 Växjö, Sweden. Their website, www.sodra.com, provides information on their products, sustainability efforts, and contact details. SODRA WOOD LIMITED is dedicated to promoting sustainable practices and offering high-quality, eco-friendly products, making them a leader in the wood industry.
