PLANTFORCE RENTALS LTD

PaymentCheck Score 2025
50Fair
13.5vs last year
#3613 in UK
#81 in Manufacturing
#183 in South West

Company Information

Company Number
02677625
Registered Address
Plantforce Rentals Ltd Bristol Depot, Winterstoke Road, Weston Super Mare, England, BS23 3YW
Status
Active
Employee Count
183
Turnover
£57,785,000
EBITDA
£20,491,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 January 1992
Nature of Business
77320 - Renting and leasing of construction and civil engineering machinery and equipment
Industries
Manufacturing, Property, Infrastructure And Construction, Supply Chain, Manufacturing And Commerce Models
Region
South West

Time to Pay

Average Time to Pay
43 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:210 days

Payment Timeline

Within 30 Days
41%
31-60 Days
49%
After 60 Days
10%
Not Paid Within Terms1%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

PLANTFORCE RENTALS LTD consistently processes payments with an average time of 43 days, indicating a trend to pay beyond standard 30-day terms. A significant majority (90%) of payments are completed within 60 days, split between 41% within 30 days and 49% between 31-60 days.

Volatility Analysis

While the company demonstrates good reliability for eventual payment with only 1% classified as truly "late," there is some predictability risk with 10% of payments extending beyond 60 days. This suggests that while most invoices are settled within two months, a notable portion may experience extended payment cycles, impacting immediate cash flow projections.

Summary Analysis

PLANTFORCE RENTALS LTD is a moderately reliable payer, generally settling invoices within a 30-60 day window, with very few instances of outright late payments. Suppliers should anticipate an average payment period of 43 days and consider extending standard net-30 terms or adjusting credit limits to mitigate the risk posed by the 10% of invoices that may exceed 60 days.

Performance Reports History

Reporting Period Filed: 2025-04-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202522 Oct 20254418%67%15%35%
01 Oct 2024 - 31 Mar 202522 Apr 20254341%49%10%1%

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

60 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

210

Dispute Resolution Process

Management escalation

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

PLANTFORCE RENTALS LTD is an active private limited company. It specialises in the rental of plant equipment.

The company, incorporated on 15 January 1992, operates under company number 02677625. Its registered office is situated in the South West of England, specifically at Plantforce Rentals Ltd Bristol Depot, Winterstoke Road, Weston Super Mare, BS23 3YW.

Companies specialising in plant rental in the UK typically provide a comprehensive range of heavy machinery for hire. These services cater to sectors such as construction, civil engineering, and infrastructure, offering equipment like excavators, dumpers, and telehandlers.

Financial Metrics

Cash
£345,600
Net Worth
£6,800,000
Total Current Assets
£16,600,000
Total Current Liabilities
£30,600,000

Company Location