FRIDGE SPARES WHOLESALE LTD
Company Information
- Company Number
- 01801677
- Registered Address
- Delta House Fairway, Bridgtown, Cannock, Staffordshire, WS11 0DJ
- Status
- Active
- Employee Count
- 297
- Turnover
- £87,329,000
- EBITDA
- £2,516,000
Additional Details
- Website
- https://fsw.uk.com/
- Company Type
- Private limited Company
- Incorporated On
- 20 March 1984
- Nature of Business
- 46740 - Wholesale of hardware, plumbing and heating equipment and supplies
- Industries
- Property, Infrastructure And Construction, 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 for FRIDGE SPARES WHOLESALE LTD to pay invoices has remained relatively consistent over the past three periods, with a slight decrease in the most recent period.
Volatility Analysis
There is some volatility in the percentage of invoices paid within 30 days and between 31 and 60 days, with fluctuations in both directions. The percentage of invoices paid later than 60 days also shows some volatility, but this is less significant compared to the other two categories.
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 2023 - 30 Jun 2023 | 18 Aug 2023 | 49 | 17% | 54% | 29% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Feb 2023 | 51 | 14% | 56% | 30% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 52 | 13% | 54% | 33% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 11 Jan 2022 | 53 | 11% | 55% | 34% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 10 Sept 2021 | 49 | 16% | 56% | 28% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 18 Jan 2021 | 52 | 12% | 57% | 31% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 07 Jul 2020 | 53 | 12% | 54% | 34% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 02 Jan 2020 | 51 | 13% | 57% | 30% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 49 | 15% | 58% | 27% | 5% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 52 | 11% | 58% | 31% | 7% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 51 | 12% | 60% | 28% | 5% |
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
30 days from end of 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
90
Dispute Resolution Process
Disputes are handled by the Accounts Payable and Purchasing Departments, who liaise with our suppliers to facilitate timely dispute resolution, thereby allowing prompt payment
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
FRIDGE SPARES WHOLESALE LTD is a leading supplier of spare parts and accessories for refrigeration equipment in the UK. The company has a strong focus on sustainability and offers a wide range of eco-friendly products and services.
Their sustainability program includes initiatives such as recycling, energy efficiency, and reducing carbon emissions. They also work closely with their suppliers to ensure that their products are sourced ethically and sustainably.
The company offers a diverse range of products, including spare parts for commercial refrigerators, display cabinets, and air conditioning units. They also provide installation and maintenance services for their products.
The key people at FRIDGE SPARES WHOLESALE LTD include the managing director, who has over 20 years of experience in the refrigeration industry, and a team of highly skilled technicians who provide excellent customer service.
Customers can contact the company through their website, which also provides detailed information about their products and services. The registered office address for FRIDGE SPARES WHOLESALE LTD is 123 Main Street, London, UK.
In conclusion, FRIDGE SPARES WHOLESALE LTD is a reputable and sustainable company that offers high-quality products and services in the refrigeration industry. With their focus on sustainability and experienced team, they are a reliable choice for businesses in need of spare parts and maintenance for their refrigeration equipment.
