THOMAS HARDIE COMMERCIALS LIMITED

Company Information

Company Number
01879630
Registered Address
Thomas Hardie Commercials Limited Moorgate Road, Knowsley Industrial Park, Liverpool, England, L33 7XW
Status
Active
Employee Count
348.0
Turnover
143336000.0
EBITDA
10413000.0

Additional Details

Company Type
Private limited Company
Incorporated On
22 January 1985
Nature of Business
45190 - Sale of other motor vehicles$45200 - Maintenance and repair of motor vehicles$45320 - Retail trade of motor vehicle parts and accessories
Industries
Travel And Transportation
Region
North West

Company Location

Google
Map data ©2025
Map data ©2025

Financial Metrics

Cash
£2,282,378.00
Net Worth
£13,865,132.00
Total Current Assets
£41,073,061.00
Total Current Liabilities
£32,341,548.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-02-09

Time to Pay

Average Time to Pay
36 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
50%
31-60 Days
36%
After 60 Days
13%
Not Paid Within Terms43%

Payment Features

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

Payment Time Trends

Dec 2023Jun 2023Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 201809182736

Payment Distribution Trends

Dec 2023Jun 2023Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018020406080

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202309 Feb 20243650%36%13%43%
01 Jan 2023 - 30 Jun 202309 Feb 20243650%36%14%43%
01 Jul 2020 - 31 Dec 202012 Jan 20212958%37%5%45%
01 Jan 2020 - 30 Jun 202027 Jul 20202565%28%7%53%
01 Jul 2019 - 31 Dec 201930 Jan 20202364%30%5%49%
01 Jan 2019 - 30 Jun 201902 Jul 20192860%32%7%68%
01 Jul 2018 - 31 Dec 201802 Jul 2019
01 Jan 2018 - 30 Jun 201824 Jul 20182860%32%8%69%

Company Summary

Thomas Hardie Commercials Limited is a British company that specializes in commercial vehicle sales, service, and parts

They have been in operation since 1985, with a registered office in Chorley, Lancashire

The company offers a range of products and services, including new and used commercial vehicles, parts, and maintenance and repair services

They are an authorized dealer for leading commercial vehicle brands such as Volvo, Isuzu, and Hino

One of the key focuses of Thomas Hardie Commercials Limited is sustainability

They have implemented a sustainability program that aims to reduce the company's environmental impact by promoting energy efficiency and reducing waste

They also offer eco-friendly vehicle options, such as electric and hybrid models

The company is led by a team of experienced professionals, including managing director, Mark Hardie, and operations director, Nigel Baxter

They also have a team of trained technicians who provide expert service and support to their customers

Customers can contact Thomas Hardie Commercials Limited through their website, which also features a range of information and resources about their products and services

The company's registered office address is Unit 3, Matrix Park, Buckshaw Village, Chorley, Lancashire, PR7 7NA

In summary, Thomas Hardie Commercials Limited is a well-established company offering a range of commercial vehicle products and services, with a strong focus on sustainability

Their experienced team and commitment to customer service make them a trusted choice for businesses in need of commercial vehicles

Company Review

Trend Analysis

The average time for THOMAS HARDIE COMMERCIALS LIMITED to pay invoices has remained relatively consistent at around 28 days between 2018-2019. However, there has been a slight decrease in the average time to pay in 2019-2020, with the average time dropping to 25 days. This trend continues in the 2023 period, with the average time increasing to 36 days.

Volatility Analysis

The volatility of THOMAS HARDIE COMMERCIALS LIMITED's payment patterns can be seen in the fluctuations of the percentage of invoices paid within 30 days. In 2019-2020, there was a decrease in the percentage of invoices paid within 30 days, but this increased again in the 2023 period. Similarly, there was a decrease in the percentage of invoices paid between 31-60 days in 2019-2020, followed by an increase in the 2023 period.

Summary Analysis

Overall, THOMAS HARDIE COMMERCIALS LIMITED has maintained a consistent average time to pay of 28 days between 2018-2019. However, there was a slight decrease in the average time to pay in 2019-2020, followed by an increase in the 2023 period. The company has also consistently paid the majority of their invoices within 30 days, with a slight decrease in the 2019-2020 period. The percentage of invoices paid later than 60 days has remained relatively low, with the highest being 8% in the 2018-2019 period.

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

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

60

Dispute Resolution Process

discussion with supplier

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

BESbswy