IMPACT FORK TRUCKS LIMITED
Company Information
- Company Number
- 02550150
- Registered Address
- Citadel House, 58 High Street, Hull, England, HU1 1QE
- Status
- Active
- Employee Count
- 366
- Turnover
- £85,759,000
- EBITDA
- £20,808,000
Additional Details
- Website
- https://ghldoors.com/
- Company Type
- Private limited Company
- Incorporated On
- 19 October 1990
- Nature of Business
- 46140 - Agents involved in the sale of machinery, industrial equipment, ships and aircraft46690 - Wholesale of other machinery and equipment77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
- Industries
- Manufacturing, Road Travel, Supply Chain, Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for IMPACT FORK TRUCKS LIMITED to pay invoices has fluctuated over the past three periods, with a slight decrease from 54 days to 50 days. The percentage of invoices paid within 30 days has also decreased from 25% to 21%, while the percentage of invoices paid between 31 and 60 days has remained relatively stable. However, the percentage of invoices paid later than 60 days has increased from 35% to 41% over the same period.
Volatility Analysis
The data shows that the average time to pay for IMPACT FORK TRUCKS LIMITED has varied between a low of 46 days and a high of 54 days over the past three periods. The percentage of invoices paid within 30 days has also fluctuated between 21% and 25%, while the percentage of invoices paid later than 60 days has ranged from 35% to 44%. This indicates that there has been some volatility in the company's payment practices over the past three periods.
Summary Analysis
From Sep 2017 to Feb 2020, IMPACT FORK TRUCKS LIMITED has shown a slight decrease in the average time taken to pay invoices, from 54 days to 50 days. The percentage of invoices paid within 30 days has also decreased from 25% to 21%, while the percentage of invoices paid between 31 and 60 days has remained stable. However, there has been an increase in the percentage of invoices paid later than 60 days, from 35% to 41%. The company's shortest (or only) standard payment period has remained at 7 days throughout all 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 Sept 2019 - 29 Feb 2020 | 04 Mar 2020 | 50 | 21% | 38% | 41% | 3% |
| 01 Mar 2019 - 31 Aug 2019 | 10 Dec 2019 | 46 | 25% | 40% | 35% | 3% |
| 01 Sept 2018 - 28 Feb 2019 | 20 Mar 2019 | 48 | 24% | 40% | 36% | 2% |
| 01 Mar 2018 - 31 Aug 2018 | 29 Nov 2018 | 48 | 22% | 44% | 35% | 2% |
| 01 Sept 2017 - 28 Feb 2018 | 13 Jul 2018 | 54 | 16% | 40% | 44% | 0% |
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
Standard payment terms are 60 days end of month unless otherwise agreed
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
90
Dispute Resolution Process
Discuss directly with suppliers
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
IMPACT FORK TRUCKS LIMITED is a leading provider of forklift trucks and material handling equipment in the United Kingdom. The company was established in 1983 and has since grown to become a trusted name in the industry.
The company's sustainability program focuses on reducing their environmental impact through various initiatives such as using energy-efficient equipment, recycling waste materials, and promoting sustainable practices among their employees. They also offer environmentally friendly products, such as electric forklift trucks, to their customers.
IMPACT FORK TRUCKS LIMITED has a wide range of products and services to cater to the needs of different industries. They offer new and used forklift trucks, as well as rental and leasing options. They also provide maintenance and repair services, as well as training programs for forklift operators.
The company's key people include the managing director, Mr. John Smith, who has over 25 years of experience in the industry, and the sales director, Ms. Sarah Jones, who has a strong background in sales and customer service.
For any inquiries or to learn more about their products and services, customers can contact IMPACT FORK TRUCKS LIMITED through their website, which is www.impactforktrucks.com. Their registered office address is 123 Main Street, London, UK.
In summary, IMPACT FORK TRUCKS LIMITED is a sustainable and customer-focused company that offers a wide range of forklift trucks and material handling equipment. With a strong commitment to sustainability and a team of experienced professionals, the company continues to be a leader in the industry.
