KINGSPAN INSULATION LIMITED

Company Information

Company Number
01882722
Registered Address
Pembridge, Leominster, Herefordshire, HR6 9LA
Status
Active
Employee Count
680
Turnover
£186,240,000
EBITDA
£21,195,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 February 1985
Nature of Business
43999 - Other specialised construction activities not elsewhere classified
Industries
Infrastructure And Construction
Region
West Midlands

Time to Pay

Average Time to Pay
47 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
18%
31-60 Days
60%
After 60 Days
22%
Not Paid Within Terms36%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-30
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 201818 Jul 20184324%56%20%58%

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 EOM

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

90

Dispute Resolution Process

Complaints by suppliers should be directed in the first instance to a named individual responsible for the expenditure. Any resolution is specific to and agreed upon with each 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

Company Summary

KINGSPAN INSULATION LIMITED is a leading provider of sustainable building solutions, with a strong focus on energy efficiency and reducing carbon emissions. The company offers a range of products and services that help to insulate buildings, improve their energy efficiency, and reduce their environmental impact.

The company's sustainability program is a key part of their business strategy, with a commitment to reducing their own carbon footprint and promoting sustainable practices throughout their supply chain. This includes investing in renewable energy sources, using recycled materials in their products, and implementing efficient manufacturing processes.

KINGSPAN INSULATION LIMITED offers a wide range of insulation products, including insulation boards, cavity wall insulation, and roof insulation, all designed to improve energy efficiency and reduce heating costs. They also provide technical support and expertise to help customers achieve their sustainability goals.

The company is led by a team of experienced professionals, including CEO Gene Murtagh, who has been with the company for over 30 years. Their website, www.kingspaninsulation.co.uk, provides detailed information on their products and services, as well as resources for sustainability and energy efficiency.

The registered office address for KINGSPAN INSULATION LIMITED is Pembridge, Leominster, Herefordshire, HR6 9LA, United Kingdom. Their commitment to sustainability and their range of innovative products make them a leader in the building industry, helping to create a more sustainable future for all.

Financial Metrics

Cash
£5,038,369
Net Worth
£50,657,336
Total Current Assets
£67,097,289
Total Current Liabilities
£65,154,793

Company Location