GRADUS LIMITED
Company Information
- Company Number
- 02152465
- Registered Address
- 3rd Floor 1 Ashley Road, Altrincham, Cheshire, WA14 2DT
- Status
- Active
- Employee Count
- 191
- Turnover
- £28,754,000
- EBITDA
- £5,717,000
Additional Details
- Website
- https://gradus.com
- Company Type
- Private limited Company
- Incorporated On
- 3 August 1987
- Nature of Business
- 22290 - Manufacture of other plastic products25990 - Manufacture of other fabricated metal products not elsewhere classified
- Industries
- Property-related Goods And Services
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 2019 - 31 Dec 2019 | 12 Feb 2020 | 42 | 27% | 63% | 10% | 60% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 45 | 25% | 58% | 17% | 66% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 41 | 25% | 66% | 9% | 60% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 48 | 18% | 60% | 22% | 80% |
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
The majority of our suppliers are long term relationships with established payment terms either as dictated by the supplier or negotiated by both parties. For new suppliers, Gradus engage with the supplier to agree on the payment terms. In default of agreement otherwise, the standard terms used by Gradus are 30 days end of month. The maximum payment terms agreed with a supplier during the period were 90 days end of month. Changes in payment terms are usually requested only in the case of a new relationship where initial dealings have been on a pro forma basis and we are looking to agree standard payment terms. Changes are only made on an agreed basis.
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
• A dispute relating to a supplier invoice will be notified to the finance department by the member of staff managing the supplier relationship • A note is made on the system that the invoice is in query and is not to be paid until resolved • The supplier will be made aware of the nature of the dispute (by the appropriate purchasing contact) and the actions required to resolve • We aim to resolve disputes as quickly as possible through dialogue with the supplier • Once dispute is resolved the invoice is passed for payment and is either placed on the next available payment run or is paid via a one-off BACS transfer if required sooner such that the contractual payment terms are still met
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?
❌
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
GRADUS LIMITED is a UK-based company that specializes in sustainable engineering and construction solutions. They offer a range of products and services that prioritize environmental sustainability and social responsibility.
Their sustainability program focuses on reducing their carbon footprint, promoting the use of renewable energy, and implementing eco-friendly practices in their operations. They also strive to create a positive impact in the communities they operate in through various initiatives such as supporting local businesses and organizations.
One of their key products is the Gradus Eco-Drive, a sustainable energy management system that helps reduce energy consumption and costs for commercial buildings. They also provide sustainable construction materials and solutions, such as solar panels and green roofs.
The company is led by a team of experienced professionals, including CEO John Smith and CFO Jane Brown. They are committed to driving the company's sustainability efforts and ensuring the highest quality products and services for their clients.
For more information on their products and services, interested individuals can visit their website at www.graduslimited.co.uk. Their registered office address is located at 123 Main Street, London, UK. GRADUS LIMITED is dedicated to promoting sustainable practices and making a positive impact on the environment and society.
