JCB HEAVY PRODUCTS LTD

PaymentCheck Score 2025
44Poor
0.8vs last year
#3955 in UK
#223 in West Midlands

Company Information

Company Number
02517503
Registered Address
Rocester, Uttoxeter, Staffordshire, ST14 5JP
Status
Active
Employee Count
410
Turnover
£205,617,000
EBITDA
-£3,941,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 July 1990
Nature of Business
28922 - Manufacture of earthmoving equipment
Industries
Manufacturing
Region
West Midlands

Time to Pay

Average Time to Pay
50 days
Shortest Period:31 days
Longest Period:61 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
5%
31-60 Days
81%
After 60 Days
14%
Not Paid Within Terms16%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-08
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202520 Aug 2025495%82%13%15%
01 Jul 2024 - 31 Dec 202408 Jan 2025505%81%14%16%
01 Jan 2024 - 30 Jun 202404 Jul 2024477%83%10%13%
01 Jul 2023 - 31 Dec 202303 Jan 2024486%84%10%14%
01 Jul 2022 - 31 Dec 202218 Jan 2023498%80%12%19%
01 Jan 2022 - 30 Jun 202221 Jul 2022517%64%29%40%
01 Jul 2021 - 31 Dec 202128 Jan 2022556%55%39%43%
01 Jan 2021 - 30 Jun 202123 Jul 2021575%52%43%61%
01 Jan 2019 - 30 Jun 201923 Jul 2019555%52%43%52%
01 Jan 2018 - 30 Jun 201819 Jul 2018529%40%51%92%

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

Payments by the company will normally be made at the month end of the month following receipt of invoice plus one English working day.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

61

Dispute Resolution Process

Dealt with on a case-by-case basis by group procurement team

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

JCB HEAVY PRODUCTS LTD is a leading manufacturer of heavy machinery and equipment, with a strong focus on sustainability in all aspects of their operations. They offer a wide range of products and services, catering to the construction, agricultural, and industrial sectors.

The company's sustainability program is an integral part of their business strategy, with a commitment to minimize their environmental impact and promote social responsibility. This includes reducing their carbon footprint, conserving natural resources, and promoting ethical practices throughout their supply chain.

JCB HEAVY PRODUCTS LTD's product line includes excavators, loaders, telehandlers, and other heavy machinery that are designed for efficiency, durability, and eco-friendliness. These machines are equipped with advanced technology, such as hybrid engines and eco-modes, to reduce emissions and improve fuel efficiency.

At the helm of the company's operations is the Chairman, Lord Bamford, who has been leading the company for over 40 years. Under his leadership, JCB HEAVY PRODUCTS LTD has grown into a global brand with a strong reputation for quality and innovation.

The company's registered office address is Lakeside Works, Rocester, Staffordshire, ST14 5JP. They can be contacted via their website, www.jcb.com, or through their customer service hotline at 0800 083 8015.

In conclusion, JCB HEAVY PRODUCTS LTD is a renowned manufacturer of heavy machinery with a strong commitment to sustainability. Their high-quality products, ethical practices, and visionary leadership make them a top choice for businesses in need of reliable and eco-friendly equipment.

Financial Metrics

Cash
£0
Net Worth
-£24,007,000
Total Current Assets
£71,247,000
Total Current Liabilities
£114,352,000

Company Location