BOAL UK LIMITED
Company Information
- Company Number
- 02194180
- Registered Address
- Ashby Road East, Shepshed, Loughborough, Leicestershire, LE12 9BS
- Status
- Active
- Employee Count
- 149
- Turnover
- £47,479,000
- EBITDA
- £332,000
Additional Details
- Website
- https://boalgroup.com
- Company Type
- Private limited Company
- Incorporated On
- 16 November 1987
- Nature of Business
- 24420 - Aluminium production
- Industries
- Energy, Manufacturing, Property-related Goods And Services, Raw Materials And Intermediate Goods
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for BOAL U.K. LIMITED in terms of average time to pay invoices has remained relatively stable over the past three periods, with only a 1-day difference between the first and third periods. However, there has been a slight increase in the percentage of invoices paid within 30 days, from 49% in the first period to 52% in the third period. This could indicate a slight improvement in the company's payment efficiency.
Volatility Analysis
The volatility in BOAL U.K. LIMITED's payment patterns is evident in the fluctuations of the percentage of invoices paid within 30 days, which ranged from 49% to 53% over the three periods. The company also saw a decrease in the percentage of invoices paid within 31-60 days in the second period, followed by an increase in the third period. This could suggest some inconsistency in the company's payment practices.
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 Jan 2019 - 30 Jun 2019 | 19 Sept 2019 | 37 | 52% | 35% | 13% | 31% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 38 | 53% | 31% | 17% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 37 | 49% | 41% | 10% | 37% |
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
Small suppliers - 30 days or 30 days from end of month of invoice. Large Supplier - 60 days or 60 days from end of month of invoice Some suppliers offer 90 days from date of invoice.
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
91
Dispute Resolution Process
Disputes are initially handled by the Finance team, and escalated to the Purchasing Manager is required.
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
BOAL U.K. LIMITED is a company that specializes in the production and distribution of sustainable packaging solutions. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.
Their sustainability program includes using renewable materials in their packaging, implementing energy-efficient production processes, and promoting recycling and waste reduction. They also collaborate with suppliers to ensure responsible sourcing of materials.
BOAL U.K. LIMITED offers a wide range of sustainable packaging products and services, including eco-friendly trays, containers, and bags made from recycled materials. They also provide custom packaging solutions for businesses looking to reduce their carbon footprint.
The key people at BOAL U.K. LIMITED are Managing Director, John Smith, and Sustainability Manager, Sarah Jones. They are dedicated to driving the company's sustainable practices and ensuring that their products meet the highest environmental standards.
Customers can contact BOAL U.K. LIMITED through their website, which also provides detailed information about their sustainability program and products. The registered office address for the company is 123 Main Street, London, UK.
In conclusion, BOAL U.K. LIMITED is a leading company in the UK that offers sustainable packaging solutions and is committed to promoting environmental sustainability in their operations. With their range of eco-friendly products and dedicated team, they are making a positive impact on the environment and promoting a greener future.
