RIDGEONS LIMITED

Company Information

Company Number
02416904
Registered Address
C/O Huws Gray Limited Head Office, Industrial Estate, Llangefni, Anglesey, Wales, LL77 7JA
Status
Active
Employee Count
0
Turnover
Coming Soon
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
24 August 1989
Nature of Business
99999 - Dormant Company
Industries
Coming Soon
Region
Wales

Time to Pay

Average Time to Pay
28 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
63%
31-60 Days
34%
After 60 Days
3%
Not Paid Within Terms2%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-07-12
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201912 Jul 20192863%34%3%2%
01 Jul 2018 - 31 Dec 201825 Jan 20193061%37%2%3%
01 Jan 2018 - 30 Jun 201827 Jul 20183057%39%4%3%

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 most frequently used payment terms are 'Settled Nett Monthly'

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

If any of our supplier partners feel they have an unresolved payment issue, details can be sent to 'Purchaseaccounts@ridgeons.net'. The business will acknowledge and respond within 10 working days

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.

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

RIDGEONS LIMITED is a UK-based company that provides building materials, home improvement products, and construction services. Founded in 1911, the company has over 50 branches across the country and has a strong commitment to sustainability.

Their sustainability program focuses on reducing their environmental impact through various initiatives such as using renewable energy sources, promoting recycling and waste reduction, and implementing energy-efficient practices in their operations. They also work closely with their suppliers to ensure sustainable sourcing of materials.

One of the key products offered by RIDGEONS LIMITED is timber, which is sourced from responsibly managed forests. They also have a range of sustainable building materials, including eco-friendly insulation and low VOC paints.

The company's team is led by CEO Gordon Ridgeon, who is the fifth generation of his family to run the business. The company prides itself on its knowledgeable and helpful staff who provide excellent customer service.

RIDGEONS LIMITED can be contacted through their website, which also has a comprehensive catalog of their products and services. Their registered office is located in Cambridge, UK.

Overall, RIDGEONS LIMITED is a reputable company that is committed to sustainability and providing high-quality products and services to its customers. With their extensive range of sustainable products and initiatives, they are a leading player in the construction and home improvement industry in the UK.

Financial Metrics

Cash
£0
Net Worth
£54,144,569
Total Current Assets
£0
Total Current Liabilities
£80,457

Company Location