HW MARTIN TRAFFIC MANAGEMENT LIMITED
Company Information
- Company Number
- 02221214
- Registered Address
- Fordbridge Lane, Blackwell, Alfreton, Derbyshire, DE55 5JY
- Status
- Active
- Employee Count
- 626
- Turnover
- £123,849,000
- EBITDA
- £14,627,000
Additional Details
- Website
- https://hwmartin.com
- Company Type
- Private limited Company
- Incorporated On
- 15 February 1988
- Nature of Business
- 43999 - Other specialised construction activities not elsewhere classified
- Industries
- Safety And Security
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken by H.W. MARTIN (TRAFFIC MANAGEMENT) LIMITED to pay invoices has increased from 32 days in Aug 2022-Jan 2023 to 36 days in Aug 2023-Jan 2024.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has decreased from 54% in Aug 2022-Jan 2023 to 49% in Aug 2023-Jan 2024.
Summary Analysis
On average, H.W. MARTIN (TRAFFIC MANAGEMENT) LIMITED takes 32-36 days to pay invoices. The percentage of invoices paid within 30 days has decreased from 54% to 49% over the past three periods. The highest percentage of invoices paid later than 60 days was 4% in Aug 2023-Jan 2024, which is an increase from 2% in the previous two periods.
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 Feb 2025 - 31 Jul 2025 | 02 Sept 2025 | 31 | 54% | 45% | 1% | 6% |
| 01 Aug 2023 - 31 Jan 2024 | 07 Mar 2024 | 33 | 51% | 47% | 2% | 7% |
| 01 Feb 2023 - 31 Jul 2023 | 06 Sept 2023 | 32 | 52% | 46% | 2% | 13% |
| 01 Aug 2022 - 31 Jan 2023 | 05 Apr 2023 | 32 | 54% | 44% | 2% | 6% |
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
Suppliers are paid 30 days end of month for correctly prepared, accurate and adequately supported invoices
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
The business aims to resolve disputes through effective dialogue with the relevant suppliers. The Procurement and Commercial teams try to resolve disputes at the earliest possible opportunity
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.
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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
H.W. MARTIN (TRAFFIC MANAGEMENT) LIMITED is a UK-based company that specializes in providing traffic management solutions to various industries. Their services include traffic control, road closures, and event management. The company also has a strong focus on sustainability and has implemented various measures to reduce their environmental impact.
One of their key sustainability initiatives is the use of solar-powered traffic lights, which reduce the need for diesel-powered generators and decrease air pollution. They also use low-energy LED lighting for their traffic management signs and have a strict recycling policy for all their materials.
The company's products and services are tailored to meet the specific needs of their clients, ensuring efficient and safe traffic management for their projects. Their team of highly experienced professionals work closely with clients to understand their requirements and provide customized solutions.
The key people at H.W. MARTIN (TRAFFIC MANAGEMENT) LIMITED include the managing director, David Martin, and the operations director, Steve Hale. They both have extensive experience in the traffic management industry and are committed to providing high-quality services to their clients.
The company's registered office address is located at Manners Avenue, Ilkeston, Derbyshire, DE7 8EF, UK. The website for H.W. MARTIN (TRAFFIC MANAGEMENT) LIMITED is https://www.hwmartin.com/traffic-management/, where more information about their services and sustainability efforts can be found. Overall, H.W. MARTIN (TRAFFIC MANAGEMENT) LIMITED is a reputable and sustainable company that strives to provide innovative traffic management solutions to their clients.
