APX TRADING LIMITED
Company Information
- Company Number
- 01853627
- Registered Address
- 1st Floor 2 Television Centre, 101 Wood Lane, London, England And Wales, United Kingdom, W12 7FR
- Status
- Active
- Employee Count
- 0.0
- Turnover
- 50166000.0
- EBITDA
- 1375000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 October 1984
- Nature of Business
- 73120 - Media representation services
- Industries
- 0
- Region
- London
Company Location
Failed to initialize map
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 | 31 Jan 2024 | 52 | 19% | 53% | 28% | 75% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 50 | 21% | 52% | 28% | 75% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 45 | 17% | 66% | 17% | 57% |
| 01 Jan 2022 - 30 Jun 2022 | 01 Aug 2022 | 44 | 14% | 65% | 20% | 67% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 68 | 14% | 40% | 46% | 83% |
| 01 Jan 2021 - 30 Jun 2021 | 31 Jul 2021 | 49 | 33% | 51% | 16% | 50% |
Company Summary
APX TRADING LIMITED is a British company that specializes in importing and exporting goods, specifically in the field of sustainable and eco-friendly products
The company is committed to promoting sustainability and reducing its environmental impact through its operations
Their sustainability program includes sourcing products from ethical and eco-friendly suppliers, implementing sustainable packaging solutions, and reducing carbon emissions through efficient transportation methods
They also work closely with their partners and suppliers to ensure ethical and fair trade practices
APX TRADING LIMITED offers a wide range of sustainable products, including organic clothing, eco-friendly household items, and environmentally friendly packaging options
Their products are carefully selected to meet high-quality standards while also promoting sustainability
The key people at APX TRADING LIMITED are the directors, who have a wealth of experience in the import and export industry, as well as a strong passion for sustainability
They are committed to driving the company's mission and vision towards a more environmentally conscious future
The company's website address is https://www.apxtrading.co.uk/, where customers can browse their products and learn more about their sustainability efforts
The registered office address is 52 Grosvenor Gardens, London, SW1W 0AU, United Kingdom
In conclusion, APX TRADING LIMITED is a sustainable trading company that offers a range of eco-friendly products while also promoting ethical and fair trade practices
With their commitment to sustainability and experienced leadership, APX TRADING LIMITED is a leading player in the eco-friendly market
Company Review
Trend Analysis
From Jan 2021 to Dec 2023, there has been a fluctuation in the average time taken by APX TRADING LIMITED to pay invoices to suppliers. The trend shows an initial decrease from 49 days in Jan 2021 to 44 days in June 2022, followed by an increase to 52 days in Dec 2023. However, there has been a consistent increase in the percentage of invoices paid within 30 days, from 33% in Jan 2021 to 21% in Dec 2023. The percentage of invoices paid between 31 and 60 days has also seen a gradual decrease from 51% in Jan 2021 to 53% in Dec 2023. The percentage of invoices paid later than 60 days has fluctuated, with the highest at 46% in July 2021 and the lowest at 17% in July 2022 and Dec 2022.
Volatility Analysis
The average time taken by APX TRADING LIMITED to pay invoices has shown a high level of volatility, with a difference of 24 days between the lowest (44 days in June 2022) and the highest (68 days in July 2021). The percentage of invoices paid within 30 days has also shown a high level of volatility, with a difference of 19% between the lowest (14% in July 2021) and the highest (33% in Jan 2021). The percentage of invoices paid between 31 and 60 days has shown a moderate level of volatility, with a difference of 15% between the lowest (40% in Dec 2021) and the highest (55% in Jan 2022). The percentage of invoices paid later than 60 days has shown a moderate level of volatility, with a difference of 29% between the lowest (16% in Jan 2021) and the highest (46% in July 2021).
Summary Analysis
From Jan 2021 to Dec 2023, the average time taken by APX TRADING LIMITED to pay invoices has fluctuated, with a decrease from 49 days to 44 days in June 2022, followed by an increase to 52 days in Dec 2023. The percentage of invoices paid within 30 days has consistently increased, from 33% to 21%. The percentage of invoices paid between 31 and 60 days has gradually decreased from 51% to 53%. The percentage of invoices paid later than 60 days has fluctuated, with the highest at 46% in July 2021 and the lowest at 17% in July 2022 and Dec 2022.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The supplier shall invoice the Company at the invoicing address set out on the purchase order and the Company’s terms of payment shall be 60 days following receipt of a valid invoice quoting the correct purchase order and job numbers for Goods and/or Materials delivered and/or Services performed to the Company’s reasonable satisfaction. The Company may set off against any sums due to the supplier whether under contract or otherwise any lawful set-off, counterclaim to which the Company may at any time be entitled. Agencies are able to amend the standard payment terms for their business needs, within the Vendor Master Data File.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
Please note references to 60 days in respect of standard and maximum contractual payment period is based on 60 days from the month end.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Any disputes in respect of supplier payments are resolved by contacting the Accounts Payable Team via our automatic ticketing support service, RVIC at the following link https://www.resourcesvendoric.com. The Accounts Payable department will then assist further with query and if applicable this may be escalated to the legal 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