HESCO BASTION LIMITED

Company Information

Company Number
02600319
Registered Address
3120 Park Square Birmingham Business Park, Birmingham, United Kingdom, B37 7YN
Status
Active
Employee Count
3
Turnover
£16,851,000
EBITDA
£3,902,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 April 1991
Nature of Business
25990 - Manufacture of other fabricated metal products not elsewhere classified
Industries
Safety And Security
Region
West Midlands

Time to Pay

Average Time to Pay
37 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
41%
31-60 Days
51%
After 60 Days
8%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-08-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201814 Mar 20193637%54%9%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

In the absence of any dispute and unless otherwise specified, invoices shall be paid within 30 days end of month.

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

In the case of any disputes related to payment, the supplier can contact the accounts payable department directly on 0113 2486633, or alternatively write to Accounts Payable, Hesco Bastion Limited, Unit 41 Knowsthorpe Way, Leeds LS9 0SW.

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

HESCO BASTION LIMITED is a UK-based company that specializes in the design, manufacture, and distribution of products and services for military, security, and infrastructure markets. The company was established in 1989 and has its registered office at Unit 7, Damson Way, Hull, East Yorkshire, HU9 1RA.

The company's main product is the HESCO Barrier, a collapsible wire mesh container filled with a mixture of soil, sand, and gravel, used for flood control, erosion control, and military fortifications. These barriers have been used in various conflict zones and disaster relief operations around the world.

In addition to its core product, HESCO BASTION LIMITED also offers a range of sustainable solutions. The company has a sustainability program in place that focuses on reducing its environmental impact, promoting ethical and responsible business practices, and supporting local communities. This program includes measures such as reducing energy consumption, recycling waste materials, and using sustainable materials in their products.

The key people at HESCO BASTION LIMITED include the CEO, Mr. Michael Hughes, and the Managing Director, Mr. Oliver Hughes. Together, they have over 30 years of experience in the industry and are committed to driving the company's growth and success.

The company has a global presence, with offices and distribution centers in the UK, USA, Australia, and the Middle East. Customers can contact the company through their website, www.hesco.com, or at their registered office address.

In summary, HESCO BASTION LIMITED is a leading UK company in the military, security, and infrastructure markets, known for its innovative and sustainable solutions. With a strong leadership team and a global presence, the company continues to expand and provide reliable products and services to its customers worldwide.

Financial Metrics

Cash
£2,719,000
Net Worth
£20,296,000
Total Current Assets
£24,405,000
Total Current Liabilities
£1,103,000

Company Location