KNAUF INSULATION LIMITED
Company Information
- Company Number
- 01926842
- Registered Address
- PO BOX 10, Stafford Road, St Helens, Merseyside, WA10 3NS
- Status
- Active
- Employee Count
- 582.0
- Turnover
- 234561000.0
- EBITDA
- 45276000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 27 June 1985
- Nature of Business
- 23140 - Manufacture of glass fibres$23990 - Manufacture of other non-metallic mineral products not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- North West
Company Location
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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 | 01 Feb 2024 | 48 | 24% | 56% | 20% | 54% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Jul 2023 | 57 | 18% | 53% | 29% | 67% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 58 | 13% | 51% | 36% | 78% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Oct 2022 | 56 | 14% | 54% | 32% | 78% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 49 | 21% | 57% | 22% | 67% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 47 | 30% | 52% | 18% | 56% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Jan 2021 | 49 | 30% | 52% | 18% | 60% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 51 | 24% | 58% | 18% | 67% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 49 | 31% | 52% | 17% | 64% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 47 | 32% | 49% | 18% | 63% |
| 01 Jul 2018 - 31 Dec 2018 | 11 Feb 2019 | 53 | 30% | 52% | 18% | 60% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 13 Aug 2018 | 47 | 23% | 58% | 19% | 69% |
Company Summary
KNAUF INSULATION LIMITED is a leading manufacturer of insulation materials for residential and commercial buildings
The company is committed to sustainability and offers a range of eco-friendly insulation products and services
Their sustainability program includes initiatives such as reducing energy consumption, promoting recycling and using natural and recycled materials in their products
They also prioritize reducing their carbon footprint and have implemented sustainable production practices
The company's products include insulation for roofs, walls, floors, and HVAC systems
They also offer specialized solutions for fire protection, acoustics, and moisture control
These products are designed to improve energy efficiency, reduce noise pollution, and provide a healthier indoor environment
KNAUF INSULATION LIMITED has a team of key people, including their Managing Director, Technical Director, and Sales Director, who are responsible for driving the company's sustainable initiatives and overseeing the production of high-quality insulation products
Their registered office address is at Knauf Insulation Limited, PO Box 10, Stafford Road, St
Helens, Merseyside, WA10 3NS
The company's website, www.knaufinsulation.co.uk, provides information about their products and services, sustainability efforts, and contact details for inquiries
Overall, KNAUF INSULATION LIMITED is dedicated to providing sustainable and innovative insulation solutions for a greener future
Company Review
Trend Analysis
The average time taken for KNAUF INSULATION LIMITED to pay invoices has fluctuated over the past three periods. In the first period, from Jan 2018 to Dec 2018, the average time was 47 days, increasing to 53 days in the second period, and then decreasing back to 47 days in the third period. However, in the most recent period, the average time has increased to 49 days. This shows a slight downward trend in the average time taken to pay invoices.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable, ranging from 21% to 32%. However, the percentage of invoices paid between 31 and 60 days has fluctuated more, ranging from 49% to 58%. The percentage of invoices paid later than 60 days has also seen some volatility, ranging from 17% to 22%. Overall, there is some volatility in the payment patterns of KNAUF INSULATION LIMITED, but it has not been significant.
Summary Analysis
The average time taken for KNAUF INSULATION LIMITED to pay invoices has fluctuated over the past three periods but has remained relatively stable. However, in the most recent period, the average time has increased to 49 days. The percentage of invoices paid within 30 days has also remained relatively stable, ranging from 21% to 32%. The percentage of invoices paid between 31 and 60 days has fluctuated more, ranging from 49% to 58%. The percentage of invoices paid later than 60 days has also seen some volatility, ranging from 17% to 22%. This suggests that KNAUF INSULATION LIMITED has not been consistent in paying invoices within agreed terms, with some periods showing a higher percentage of invoices paid later than 60 days. This trend should be monitored to ensure timely payments to suppliers.
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 end of month following date of invoice. 30 days from the date of invoice and 45 days from the date of invoice are the most standard terms.
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
Disputes are co-ordinated through the accounts payable department using SAP workflow management software. Invoices with no PO are rejected back to the vendor. All disputes are sent to the appropriate internal department and/or purchasing depending on type of query. Once resolved accounts payable are informed and the invoice processed with any credit note if applicable and then paid on the payment run.
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
