J.E. PORTER LIMITED
Company Information
- Company Number
- 01889043
- Registered Address
- Barn Farm Lowfields, Navenby, Lincoln, LN5 0LN
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 22 February 1985
- Nature of Business
- 10910 - Manufacture of prepared feeds for farm animals
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
J.E. PORTER LIMITED demonstrates a strong average payment speed of 23 days, with 86% of invoices settled within 30 days. Despite this efficiency for the majority, a significant 56% of payments are classified as late, indicating an inconsistent adherence to due dates across their payment cycle. This trajectory suggests that while many payments are prompt, a considerable portion routinely misses contractual deadlines.
Volatility Analysis
The data shows high reliability for 86% of payments being within 30 days, suggesting predictable short-term cash flow for most transactions. However, the 56% late payment rate, alongside 13% extending to 31-60 days and 1% over 60 days, introduces a notable level of payment unpredictability for a segment of invoices. This indicates a moderate risk of delayed payments, requiring suppliers to anticipate potential variations in settlement times.
Summary Analysis
Overall, J.E. PORTER LIMITED offers a generally favorable payment profile with a quick average settlement time of 23 days and a majority paid within 30 days. Suppliers should consider the 56% late payment rate as a key decision factor, highlighting a moderate risk of individual invoices exceeding their due dates. Mitigation strategies could include establishing clear payment terms, invoicing promptly, and potentially using staged payments for larger contracts.
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 Apr 2021 - 30 Sept 2021 | 06 Dec 2021 | 23 | 86% | 13% | 1% | 56% |
| 01 Oct 2020 - 31 Mar 2021 | 17 Nov 2021 | 23 | 88% | 11% | 1% | 52% |
| 01 Apr 2020 - 30 Sept 2020 | 17 Nov 2020 | 23 | 85% | 15% | 0% | 50% |
| 01 Oct 2019 - 31 Mar 2020 | 11 Jun 2020 | 24 | 84% | 15% | 1% | 54% |
| 01 Apr 2019 - 30 Sept 2019 | 18 Oct 2019 | 24 | 87% | 12% | 1% | 50% |
| 01 Oct 2018 - 31 Mar 2019 | 17 May 2019 | 25 | 83% | 16% | 1% | 59% |
| 01 Apr 2018 - 30 Sept 2018 | 29 Oct 2018 | 24 | 81% | 18% | 1% | 17% |
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
Our suppliers payment terms dictate our payment terms, which can vary from 'upon receipt of invoice to end of the month, following the month of invoice'.
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
45
Dispute Resolution Process
Invoices are examined and matched with delivery documentation upon receipt and disputed invoices are notified to supplier. The accounts team can be reached by a generic email address or phone and the issue is aimed to be resolved within 2 weeks.
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
J.E. PORTER LIMITED operates as an active private limited company. This corporate structure allows the organisation to engage in various commercial activities and business operations within the UK economy.
The company was incorporated on 22 February 1985, identified by company number 01889043. Its registered office is situated at Barn Farm Lowfields, Navenby, Lincoln, LN5 0LN, placing it within the East Midlands region.
As a private limited company, J.E. PORTER LIMITED has the capacity to offer a broad spectrum of services and products typical of such entities in the UK market. This can encompass activities ranging from professional services, manufacturing, and trade to sector-specific solutions, serving diverse customer bases.
