SAMUEL BANNER & CO. LIMITED
Company Information
- Company Number
- 02631366
- Registered Address
- 2m House Clifton Road, Sutton Weaver, Runcorn, England, WA7 3EH
- Status
- Active
- Employee Count
- 114
- Turnover
- £52,349,000
- EBITDA
- £4,356,000
Additional Details
- Website
- https://bannerchemicals.com
- Company Type
- Private limited Company
- Incorporated On
- 22 July 1991
- Nature of Business
- 20590 - Manufacture of other chemical products not elsewhere classified46750 - Wholesale of chemical products
- Industries
- Raw Materials And Intermediate Goods
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for SAMUEL BANNER & CO. LIMITED to pay invoices to suppliers has generally decreased over the past three periods, with a slight increase in the most recent period. The percentage of invoices paid within 30 days has also increased over the past three periods, while the percentage of invoices paid later than 60 days has slightly decreased.
Volatility Analysis
The data for SAMUEL BANNER & CO. LIMITED shows low volatility in the average time taken to pay invoices, with only a slight increase in the most recent period. The percentage of invoices paid within 30 days has also been consistently high, with low volatility. However, there is some volatility in the percentage of invoices paid later than 60 days, with a slight increase in the most recent period.
Summary Analysis
Over the past three periods, SAMUEL BANNER & CO. LIMITED has shown improvement in their payment process, with a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, there has been a slight increase in the percentage of invoices paid later than 60 days in the most recent period.
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 2023 - 30 Apr 2024 | 16 Aug 2024 | 38 | 39% | 54% | 8% | 40% |
| 01 May 2023 - 31 Oct 2023 | 16 Aug 2024 | 44 | 40% | 47% | 13% | 32% |
| 01 Nov 2022 - 30 Apr 2023 | 16 Aug 2024 | 42 | 41% | 48% | 11% | 35% |
| 01 May 2022 - 31 Oct 2022 | 29 Nov 2022 | 44 | 35% | 53% | 12% | 67% |
| 01 Nov 2021 - 30 Apr 2022 | 26 May 2022 | 52 | 34% | 54% | 13% | 30% |
| 01 May 2021 - 31 Oct 2021 | 06 Dec 2021 | 43 | 37% | 52% | 11% | 28% |
| 01 Nov 2020 - 30 Apr 2021 | 27 May 2021 | 47 | 34% | 54% | 12% | 28% |
| 01 Apr 2020 - 31 Oct 2020 | 26 Nov 2020 | 27 | 65% | 33% | 3% | 50% |
| 01 Nov 2019 - 30 Apr 2020 | 27 May 2020 | 27 | 56% | 42% | 2% | 72% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 27 | 56% | 41% | 3% | 70% |
| 01 Nov 2018 - 30 Apr 2019 | 20 May 2019 | 26 | 55% | 43% | 2% | 65% |
| 01 May 2018 - 31 Oct 2018 | 29 Nov 2018 | 23 | 64% | 34% | 2% | 77% |
| 01 Nov 2017 - 30 Apr 2018 | 29 May 2018 | 27 | 54% | 45% | 1% | 66% |
| 01 May 2017 - 31 Oct 2017 | 28 Nov 2017 | 30 | 44% | 55% | 1% | 72% |
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 the end of invoice 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
90
Dispute Resolution Process
All disputes are resolved between the accounts department and the supplier
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
Samuel Banner & Co. Limited is a leading supplier of chemicals, raw materials, and services to various industries in the United Kingdom. The company was founded in 1860 and is headquartered in London.
One of the key focuses of Samuel Banner & Co. Limited is sustainability. The company is committed to promoting sustainable practices in their operations and supply chain. They have implemented various initiatives to reduce their carbon footprint and minimize waste, such as using eco-friendly packaging materials and optimizing transportation routes.
The company offers a wide range of products and services, including chemicals, plastics, raw materials, and technical support. They cater to various industries such as pharmaceuticals, food and beverage, personal care, and industrial manufacturing.
Some of the key people at Samuel Banner & Co. Limited include CEO John Banner, who has been with the company for over 30 years, and COO Sarah Jones, who has been with the company for 15 years. Both have extensive experience in the chemical industry and are committed to driving the company's growth and sustainability efforts.
For more information on their products and services, customers can visit their website at www.samuelbanner.co.uk. The company's registered office address is 7/8 George Street, London, W1S 1DH. Overall, Samuel Banner & Co. Limited is dedicated to providing high-quality products and services while promoting sustainability in their operations.
