FLOPLAST LIMITED
Company Information
- Company Number
- 02616448
- Registered Address
- Castle Road, Eurolink Business Park, Sittingbourne, Kent, ME10 3FP
- Status
- Active
- Employee Count
- 356
- Turnover
- £93,389,000
- EBITDA
- £18,009,000
Additional Details
- Website
- https://www.floplast.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 3 June 1991
- Nature of Business
- 22290 - Manufacture of other plastic products
- Industries
- Raw Materials And Intermediate Goods
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 69 | 6% | 39% | 55% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 04 Jan 2024 | 69 | 4% | 43% | 53% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Jan 2024 | 56 | 15% | 50% | 34% | 15% |
| 01 Jul 2022 - 31 Dec 2022 | 02 Feb 2023 | 63 | 13% | 41% | 46% | 6% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 62 | 11% | 41% | 47% | 6% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 65 | 13% | 43% | 44% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 60 | 12% | 45% | 43% | 6% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 67 | 12% | 39% | 49% | 5% |
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
Payment made 45 days following 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
Disputes are resolved between the relevant FloPlast employee and the supplier. A payment is made when the dispute is resolved and (if applicable) a credit note raised.
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
FLOPLAST LIMITED is a UK-based company that specializes in the manufacture and distribution of plastic building and plumbing products. The company was founded in 1991 and has since become a leading supplier in the construction industry.
One of FLOPLAST's key focus areas is sustainability. They have implemented a number of initiatives to reduce their environmental impact and promote sustainability in their operations. This includes investing in energy-efficient equipment, using recycled materials in their products, and implementing a waste management program.
The company offers a wide range of products, including guttering, underground drainage, soil and waste systems, and plumbing fittings. These products are designed to meet the highest quality standards and are used in both residential and commercial construction projects.
FLOPLAST LIMITED is led by a team of experienced and dedicated professionals, including Managing Director, Steve Goodlad, and Sales Director, Martin Whitfield. Their commitment to innovation and customer satisfaction has helped the company achieve consistent growth and success.
For more information on FLOPLAST's products and services, customers can visit their website at www.floplast.co.uk. The company's registered office is located at The Park House, 20 North Street, Portslade, Brighton, BN41 1DZ.
