S. NORTON & CO LIMITED

Company Information

Company Number
01859428
Registered Address
Bankfield House, Bankfield Mill Regent Road, Liverpool, L20 8RQ
Status
Active
Employee Count
437
Turnover
£454,760,000
EBITDA
£7,753,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 October 1984
Nature of Business
38110 - Collection of non-hazardous waste
38320 - Recovery of sorted materials
Industries
Environment, Agriculture And Waste, Raw Materials And Intermediate Goods
Region
North West

Time to Pay

Average Time to Pay
16 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
73%
31-60 Days
25%
After 60 Days
2%
Not Paid Within Terms8%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2023-04-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201819 Jul 20181480%18%2%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

Supplies of metal commodities are paid on demand, either at our weighbridge or on receipt of invoice. Suppliers of other goods and services are generally paid at the end of the month following the month of invoice, although other arrangements can sometimes be accommodated by agreement.

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

S Norton prides itself on the service it provides to suppliers, and sees the speed of payment as a key aspect of its business relationships. When disputes do arise, we aim to address them in a courteous, sensible and professional manner. Our head office administration team are available every weekday to answer calls, identify discrepancies, correct errors, and liaise with the relevant operational staff to ensure that any invoice is dealt with through to a satisfactory conclusion. On the rare occasions when they can't resolve the matter, the dispute will be escalated to senior management for final resolution. All formal complaints are logged by our compliance team based in Liverpool, and these are reviewed regularly by senior managers and directors, to ensure that procedures are followed, and issues addressed.

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

S. Norton & Co Limited is a British waste management and recycling company founded in 1965. They provide a wide range of services, including waste collection, recycling, and disposal, to both commercial and residential clients.

As a company committed to sustainability, S. Norton & Co Limited has implemented a number of initiatives to reduce their environmental impact. They have invested in state-of-the-art facilities and technology to increase the efficiency of their processes and minimize the amount of waste sent to landfills. They also offer recycling services for a variety of materials, including paper, plastic, and metals, to promote a circular economy.

One of their key products is their Secure Shredding service, which ensures the safe and confidential disposal of sensitive documents for businesses. They also offer skip hire and hazardous waste management services.

The company is led by managing director, Simon Norton, and has a team of experienced professionals dedicated to providing high-quality and sustainable solutions to their clients. They have a registered office address at Norton House, 2-4 Station Road, Great Harwood, Blackburn, Lancashire, BB6 7BA.

Their website, www.snorton.co.uk, provides information on their services, sustainability efforts, and contact details for inquiries. S. Norton & Co Limited is committed to promoting sustainability in the waste management industry and continues to strive towards a greener future.

Financial Metrics

Cash
£73,187,000
Net Worth
£164,389,000
Total Current Assets
£142,898,000
Total Current Liabilities
£32,140,000

Company Location