CROWN PRODUCTS (KENT) LIMITED
Company Information
- Company Number
- 02000579
- Registered Address
- Eddington Works, Eddington Lane, Herne Bay, Kent, CT6 5TR
- Status
- Active
- Employee Count
- 227
- Turnover
- £45,063,000
- EBITDA
- -£2,935,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 March 1986
- Nature of Business
- 31020 - Manufacture of kitchen furniture31090 - Manufacture of other furniture
- Industries
- Property-related Goods And Services
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
CROWN PRODUCTS (KENT) LIMITED exhibits a very strong positive payment trend, with an average payment time of 22 days and 72% of invoices settled within 30 days. Crucially, 0% of payments fall into the 'Over 60 days' or 'Late' categories, indicating consistent and timely adherence to payment obligations. This trajectory demonstrates a highly reliable and prompt payment behavior from the company.
Volatility Analysis
While 72% of payments are made within 30 days, 28% are settled within the 31-60 day window, indicating a minor degree of variability in payment cycles. However, the complete absence of payments extending beyond 60 days confirms high predictability and negligible risk concerning severe payment delays. The reliability of payment is high, with no significant risk factors for a supplier beyond a small proportion of payments potentially extending slightly past 30 days.
Summary Analysis
Based on the provided data, CROWN PRODUCTS (KENT) LIMITED presents a very low payment risk profile for potential suppliers. Key decision factors include the consistent average payment time and the complete absence of late or significantly overdue payments. Suppliers can engage with high confidence; while a small portion of payments might extend to 31-60 days, this does not necessitate specific risk mitigation strategies beyond standard credit terms.
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 Oct 2024 - 31 Mar 2025 | 16 Apr 2025 | 22 | 72% | 28% | 0% | 0% |
| 01 Apr 2024 - 30 Sept 2024 | 01 Nov 2024 | 20 | 78% | 22% | 0% | 0% |
| 01 Oct 2023 - 31 Mar 2024 | 02 May 2024 | 21 | 72% | 28% | 0% | 0% |
| 01 Apr 2023 - 30 Sept 2023 | 05 Oct 2023 | 21 | 78% | 22% | 0% | 0% |
| 01 Oct 2022 - 31 Mar 2023 | 12 Jun 2023 | 20 | 76% | 24% | 0% | 0% |
| 01 Apr 2022 - 30 Sept 2022 | 11 Oct 2022 | 21 | 76% | 24% | 0% | 0% |
| 01 Oct 2021 - 31 Mar 2022 | 11 Apr 2022 | 19 | 78% | 22% | 0% | 0% |
| 01 Apr 2021 - 30 Sept 2021 | 23 Nov 2021 | 19 | 82% | 18% | 0% | 0% |
| 01 Oct 2020 - 31 Mar 2021 | 13 Apr 2021 | 21 | 77% | 23% | 0% | 0% |
| 01 Apr 2020 - 30 Sept 2020 | 20 Oct 2020 | 20 | 81% | 18% | 1% | 0% |
| 01 Oct 2019 - 31 Mar 2020 | 21 Sept 2020 | 24 | 71% | 28% | 1% | 0% |
| 01 Apr 2019 - 30 Sept 2019 | 21 Sept 2020 | 22 | 77% | 22% | 1% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 20 May 2019 | 18 | 82% | 18% | 0% | 0% |
| 01 Apr 2018 - 30 Sept 2018 | 12 Apr 2019 | 20 | 76% | 24% | 0% | 0% |
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
It is Crown Products policy to agree appropriate terms of payment with suppliers for each transaction or series of transactions, and to abide by those terms based on the timely submission of invoices. The Company normally settles trade payables on 30 days terms, however variations to these terms do exist based on agreements with certain suppliers, in particular small local businesses.
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
Crown Products is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to everyone's satisfaction prior to payment being made. In the event that a dispute cannot be resolved by our accounts department, it would be escalated in the first instance to the relevant Director to seek a resolution.
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.
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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
CROWN PRODUCTS (KENT) LIMITED is an active private limited company operating within the UK. As suggested by its name, the organisation is involved in the provision of products.
Incorporated on 17 March 1986, CROWN PRODUCTS (KENT) LIMITED holds company number 02000579. It is located in the South East, with its registered office situated at Eddington Works, Eddington Lane, Herne Bay, Kent, CT6 5TR.
A private limited company whose name includes "Products" commonly operates in sectors involving the production, distribution, or sale of tangible goods. These organisations typically cater to various markets, supplying items across different industries within the UK.
