JOY GLOBAL (UK) LIMITED
Company Information
- Company Number
- 02546087
- Registered Address
- Unit B2, Bridgewater Avenue, Bolton, Greater Manchester, England, BL5 1EE
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 4 October 1990
- Nature of Business
- 28921 - Manufacture of machinery for mining28990 - Manufacture of other special-purpose machinery not elsewhere classified
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average payment time for JOY GLOBAL (UK) LIMITED stands at 63 days, with a significant 50% of payments extending beyond 60 days. This data clearly indicates a consistent trend of slow payment cycles, moving away from prompt settlement. The high 60% late payment rate further solidifies a trajectory towards prolonged payment periods for suppliers.
Volatility Analysis
With only 13% of payments made within 30 days and 60% classified as late, JOY GLOBAL (UK) LIMITED exhibits low reliability for timely payments. Suppliers should anticipate unpredictable cash flow, as a substantial portion (50%) of invoices are consistently settled over 60 days. This payment pattern suggests a high-risk factor concerning payment predictability, which could complicate a supplier's financial planning.
Summary Analysis
Overall, the payment profile for JOY GLOBAL (UK) LIMITED presents a high-risk environment for suppliers due to the consistent pattern of slow and late payments. Key decision factors must include the average 63-day payment time and the 60% late payment rate, necessitating careful cash flow management. Suppliers should consider mitigation strategies such as negotiating stricter upfront payment terms or implementing credit insurance to protect against extended payment delays.
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 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 63 | 13% | 37% | 50% | 60% |
| 01 Oct 2024 - 31 Mar 2025 | 17 Apr 2025 | 61 | 13% | 36% | 51% | 59% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Oct 2024 | 61 | 12% | 38% | 50% | 60% |
| 01 Oct 2023 - 31 Mar 2024 | 30 Apr 2024 | 62 | 14% | 35% | 51% | 59% |
| 01 Apr 2023 - 30 Sept 2023 | 26 Oct 2023 | 73 | 16% | 34% | 50% | 57% |
| 01 Oct 2022 - 31 Mar 2023 | 26 Apr 2023 | 63 | 13% | 32% | 55% | 56% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 64 | 13% | 34% | 53% | 0% |
| 01 Oct 2021 - 31 Mar 2022 | 27 Apr 2022 | 63 | 13% | 36% | 51% | 62% |
| 01 Apr 2021 - 30 Sept 2021 | 30 Oct 2021 | 60 | 16% | 37% | 47% | 60% |
| 01 Oct 2020 - 31 Mar 2021 | 20 Oct 2021 | 60 | 15% | 43% | 42% | 64% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 57 | 18% | 43% | 39% | 69% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 53 | 21% | 47% | 32% | 70% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 45 | 34% | 42% | 24% | 75% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 45 | 32% | 46% | 22% | 72% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 50 | 22% | 47% | 31% | 73% |
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
Generally 30 days net month end
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
Accounts payable team contact vendor to discuss. Queries normally relate to price or quantity issues so discussions may also involve our Supply Chain 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
JOY GLOBAL (UK) LIMITED is an active private limited company operating in the United Kingdom
It functions as a UK-incorporated business entity under the brand name Joy Global
The company was incorporated on 4 October 1990 and holds company number 02546087
Its registered office is situated at Unit B2, Bridgewater Avenue, Bolton, Greater Manchester, England, BL5 1EE, placing its operations within the North West of England
A private limited company operating under a 'Global' brand name, such as Joy Global, typically provides a range of industrial or commercial solutions
These include the distribution and supply of specialised products, comprehensive engineering support, and associated after-sales services within the UK market
