VAN ELLE LIMITED
Company Information
- Company Number
- 02590521
- Registered Address
- Southwell Lane Industrial Estate Southwell Lane Industrial Estate, Summit Close, Kirkby-In-Ashfield, Nottinghamshire, England, NG17 8GJ
- Status
- Active
- Employee Count
- 639
- Turnover
- £133,569,000
- EBITDA
- £14,472,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 March 1991
- Nature of Business
- 42990 - Construction of other civil engineering projects not elsewhere classified
- Industries
- Property, Infrastructure And Construction
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The payment trend for VAN ELLE LIMITED demonstrates a strong inclination towards extended payment terms, with the average payment time being 60 days. A significant majority, 87% (41% + 46%), of invoices are paid beyond 30 days, indicating a consistent pattern of longer payment cycles for suppliers. Less than half of payments are made within 60 days, suggesting a trajectory where payments frequently extend beyond standard net 30 or even net 60 terms.
Volatility Analysis
The distribution of payments reveals considerable volatility, with a substantial 46% of invoices extending beyond 60 days, making future cash flow less predictable. While 41% pay between 31-60 days, the large percentage over 60 days indicates a clear risk of significantly delayed payments for a substantial portion of transactions. Suppliers should anticipate that nearly half of payments could be subject to delays exceeding typical credit terms, impacting working capital management.
Summary Analysis
Suppliers considering VAN ELLE LIMITED should anticipate extended payment cycles and a high probability of payments exceeding 60 days. It is recommended to negotiate specific payment terms carefully, such as shorter net terms or requiring upfront deposits for new engagements, to mitigate potential cash flow strains. Close monitoring of invoice due dates and prompt follow-up will be essential to manage the inherent risk of delayed payments effectively.
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 Nov 2024 - 30 Apr 2025 | 29 May 2025 | 60 | 13% | 41% | 46% | 13% |
| 01 May 2024 - 31 Oct 2024 | 05 Dec 2024 | 56 | 12% | 46% | 42% | 10% |
| 01 Nov 2023 - 30 Apr 2024 | 29 May 2024 | 59 | 13% | 44% | 43% | 10% |
| 01 May 2023 - 31 Oct 2023 | 29 Nov 2023 | 60 | 9% | 46% | 44% | 11% |
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | 63 | 9% | 46% | 45% | 13% |
| 01 May 2022 - 31 Oct 2022 | 07 Dec 2022 | 63 | 5% | 41% | 54% | 17% |
| 01 Nov 2021 - 30 Apr 2022 | 17 May 2022 | 63 | 4% | 48% | 48% | 13% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 65 | 4% | 46% | 50% | 23% |
| 01 Nov 2020 - 30 Apr 2021 | 25 May 2021 | 66 | 3% | 42% | 55% | 20% |
| 01 May 2020 - 31 Oct 2020 | 09 Feb 2021 | 77 | 3% | 26% | 71% | 42% |
| 01 Nov 2019 - 30 Apr 2020 | 09 Feb 2021 | 77 | 2% | 20% | 78% | 54% |
| 01 Nov 2018 - 30 Apr 2019 | 08 May 2019 | 72 | 5% | 24% | 71% | 64% |
| 01 May 2018 - 31 Oct 2018 | 01 Feb 2019 | 65 | 0% | 65% | 35% | 25% |
| 01 Nov 2017 - 30 Apr 2018 | 05 Feb 2019 | 66 | 0% | 56% | 44% | 25% |
| 01 Apr 2017 - 31 Oct 2017 | 05 Feb 2019 | 65 | 0% | 63% | 37% | 25% |
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
30 days from end of month of invoice 45 days from end of month of invoice 60 days from end of month of invoice
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
90
Dispute Resolution Process
When an invoice is received and there is no proof of delivery the site teams are contacted by the finance team to provide the proof of delivery. Where no proof of delivery is available internally, the vendor is contacted by the finance team for a copy of the proof of delivery. If no proof of delivery is then obtained, approval is obtained internally from senior management. Where there is a variance to the purchase order, the purchase order creator is contacted by the finance team to review and approve the invoice variance. Disputes relating to payment terms are dealt with by the purchasing department (except for a maximum tolerance level of £15, which is reported and monitored)
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.
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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
VAN ELLE LIMITED is an active private limited company. It operates commercially within the United Kingdom.
The company was incorporated on 11 March 1991 and holds company number 02590521. Its registered office is located in the East Midlands, at Southwell Lane Industrial Estate, Summit Close, Kirkby-In-Ashfield, Nottinghamshire, England, NG17 8GJ.
Private limited companies in the UK market typically undertake a broad spectrum of commercial activities. These can encompass offering various products or services across numerous sectors, functioning as a vehicle for business operations and investment.
