BRAND ADDITION LIMITED
Company Information
- Company Number
- 02083209
- Registered Address
- Broadway, Trafford Wharf Road, Manchester, M17 1DD
- Status
- Active
- Employee Count
- 251.0
- Turnover
- 70338000.0
- EBITDA
- 7905000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 December 1986
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Professional Services
- 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 | 31 Jan 2024 | 49 | 34% | 29% | 37% | 43% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 53 | 31% | 27% | 42% | 59% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Feb 2023 | 50 | 36% | 29% | 35% | 61% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 50 | 37% | 29% | 34% | 56% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 44 | 36% | 30% | 34% | 59% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 44 | 41% | 30% | 29% | 52% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 44 | 45% | 27% | 28% | 45% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 56 | 21% | 33% | 46% | 53% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 42 | 36% | 38% | 26% | 55% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 47 | 35% | 31% | 34% | 38% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 57 | 25% | 22% | 53% | 65% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 53 | 27% | 26% | 47% | 54% |
Company Summary
BRAND ADDITION LIMITED is a leading global promotional merchandise company based in the United Kingdom
The company specializes in creating and delivering innovative branded merchandise and marketing solutions for businesses
The company offers a wide range of products and services, including promotional products, corporate gifts, brand development, and digital marketing
They work with a diverse range of clients, from small businesses to multinational corporations, to help them enhance their brand image and increase their exposure
One of the key focuses of BRAND ADDITION LIMITED is sustainability
The company is committed to reducing its environmental impact and promoting sustainable practices throughout its operations
They have a comprehensive sustainability program in place, which includes using eco-friendly materials, reducing waste, and sourcing products from ethical suppliers
The company also has a strong team of key people, including CEO Chris Lee and Executive Director Angela Wagstaff
Together, they have over 50 years of experience in the promotional merchandise industry and have led the company to great success
For those looking to get in touch with BRAND ADDITION LIMITED, the company's website is easily accessible and provides all the necessary contact information
Their registered office address is located in Manchester, and their website address is www.brandaddition.com
In summary, BRAND ADDITION LIMITED is a reputable and innovative company that offers a wide range of promotional merchandise and marketing solutions to businesses
They have a strong focus on sustainability and are led by a team of experienced professionals
Their website provides easy access to their contact information and showcases their commitment to providing high-quality products and services to their clients
Company Review
Trend Analysis
The trend for BRAND ADDITION LIMITED's average time to pay invoices has been fluctuating, with a slight decrease from 2018 to 2019, followed by an increase in 2020, and then a decrease again in 2021. However, there is an overall increase from 2018 to 2023.
Volatility Analysis
There is a high volatility in BRAND ADDITION LIMITED's average time to pay invoices, especially in the later years (2022-2023), where there are significant changes in the percentage of invoices paid within 30 days and between 31-60 days.
Summary Analysis
In the last three periods (2021-2023), BRAND ADDITION LIMITED has shown a consistent trend of paying invoices within an average of 49-53 days. However, there has been an increase in the percentage of invoices paid later than 60 days, with the worst period being in 2023 where 42% of invoices were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
We request standard payment terms of 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
Disputes resolution is managed by our AP and purchasing teams.
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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
