COOPERVISION MANUFACTURING LIMITED
Company Information
- Company Number
- 02737396
- Registered Address
- Delta Park, Concorde Way, Segensworth North, Fareham, Hampshire, PO15 5RL
- Status
- Active
- Employee Count
- 2,466
- Turnover
- £238,270,000
- EBITDA
- £44,987,000
Additional Details
- Website
- https://www.coopercos.com/
- Company Type
- Private limited Company
- Incorporated On
- 5 August 1992
- Nature of Business
- 32500 - Manufacture of medical and dental instruments and supplies46900 - Non-specialised wholesale trade
- Industries
- Primary Care
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average payment time of 44 days indicates that COOPERVISION MANUFACTURING LIMITED consistently pays beyond standard 30-day terms. A dominant 53% of payments fall into the 31-60 day bracket, suggesting a regular pattern of extended payment cycles. Only 34% of invoices are settled within 30 days, reinforcing a trajectory towards slower payment.
Volatility Analysis
While over half of payments occur within 31-60 days, the 36% late payment rate introduces a significant degree of unreliability for suppliers. The 13% of payments extending beyond 60 days specifically highlights a risk of substantial delays for a measurable portion of invoices. This data indicates that a notable percentage of payments will not be predictable within typical payment windows, posing a cash flow challenge.
Summary Analysis
Suppliers should anticipate an average payment cycle of around 44 days, with a significant risk of 36% of invoices being paid late. Key decision factors include adjusting internal cash flow projections and considering the impact of a 13% chance of payments extending beyond 60 days. Mitigate risk by negotiating clear payment terms, potentially requiring deposits for larger orders, or adjusting pricing to cover financing costs for extended credit.
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 | 44 | 34% | 53% | 13% | 36% |
| 01 May 2024 - 31 Oct 2024 | 29 Nov 2024 | 48 | 27% | 58% | 15% | 36% |
| 01 Nov 2023 - 30 Apr 2024 | 31 May 2024 | 45 | 30% | 56% | 13% | 35% |
| 01 May 2023 - 31 Oct 2023 | 30 Nov 2023 | 47 | 29% | 57% | 13% | 39% |
| 01 Nov 2022 - 30 Apr 2023 | 31 May 2023 | 49 | 31% | 54% | 15% | 36% |
| 01 May 2022 - 31 Oct 2022 | 29 Nov 2022 | 46 | 34% | 57% | 10% | 26% |
| 01 Nov 2021 - 30 Apr 2022 | 31 May 2022 | 49 | 33% | 57% | 11% | 23% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 50 | 27% | 56% | 17% | 36% |
| 01 Nov 2020 - 30 Apr 2021 | 28 May 2021 | 48 | 30% | 56% | 14% | 30% |
| 01 May 2020 - 31 Oct 2020 | 30 Nov 2020 | 49 | 26% | 52% | 21% | 49% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 45 | 35% | 54% | 10% | 21% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 48 | 33% | 53% | 14% | 24% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 48 | 30% | 56% | 14% | 27% |
| 01 May 2018 - 31 Oct 2018 | 26 Nov 2018 | 51 | 26% | 56% | 18% | 33% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 58 | 13% | 44% | 43% | 80% |
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
Company standard terms are 60 days from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Exceptions to Company standard terms may be authorised as part of the contract negotiations where mutually beneficial terms may be agreed.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Where an invoice is subject to a dispute or query, the full invoice will be held in dispute until an agreement is reached between both parties. A credit note must be raised by the supplier immediately upon a dispute being upheld. Payment of the invoice will be made once the credit note has been received and validated.
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
COOPERVISION MANUFACTURING LIMITED is an active private limited company primarily engaged in manufacturing. Based on its name, it operates within the vision care sector, producing goods for this specialised industry.
The company was incorporated on 5 August 1992 under company number 02737396. Its registered office is located at Delta Park, Concorde Way, Segensworth North, Fareham, Hampshire, PO15 5RL, within the South East region of England.
As a manufacturing entity within the vision care sector, such companies typically specialise in producing a range of optical products for the UK market. These commonly include items such as contact lenses, spectacle lenses, or other related optical devices and accessories.
