PREMIER FOREST PRODUCTS LIMITED

PaymentCheck Score 2025
50Fair
2.3vs last year
#3577 in UK
#149 in Supply Chain
#51 in Wales

Company Information

Company Number
02797766
Registered Address
Premier Forest Products West Way Road, Alexandra Dock, Newport, NP20 2PQ
Status
Active
Employee Count
231
Turnover
£97,693,000
EBITDA
£5,134,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 March 1993
Nature of Business
46730 - Wholesale of wood, construction materials and sanitary equipment
Industries
Supply Chain,Manufacturing And Commerce Models
Region
Wales

Time to Pay

Average Time to Pay
44 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
27%
31-60 Days
43%
After 60 Days
30%
Not Paid Within Terms33%

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)

Performance Reports History

Reporting Period Filed: 2024-11-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202523 May 20254428%46%26%33%
01 Nov 2023 - 30 Apr 202430 May 20244723%49%28%33%
01 May 2023 - 31 Oct 202329 Nov 20234924%40%36%28%

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 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

Purchase ledger to speak with the supplier regarding the dispute and purchase ledger then speaks with the person who placed the order to settle the dispute

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

Premier Forest Products Limited is a timber merchant and importer based in South Wales, UK. The company was founded in 1993 and has since grown to become a leading supplier of sustainable timber products.

The company's sustainability program is a key focus, with a commitment to sourcing timber from well-managed and certified forests. They also hold FSC and PEFC certifications, ensuring their products are responsibly sourced.

Premier Forest Products offers a wide range of timber products, including hardwood and softwood, as well as sheet materials and engineered wood products. They also provide value-added services such as cutting, machining, and treatment.

The key people behind Premier Forest Products are the managing director, Andrew Jones, and the operations director, Nigel Williams. They are supported by a team of experienced professionals who are dedicated to providing high-quality products and services.

The company's website (www.premierforest.co.uk) provides detailed information about their products, services, and sustainability program. Customers can also contact them via phone or email for any inquiries. The registered office address is Premier Forest Products Ltd, Unit 1, Gilchrist Thomas Industrial Estate, Blaenavon, NP4 9RL, UK.

In conclusion, Premier Forest Products Limited is a reputable and sustainable timber supplier, offering a variety of high-quality products and services. Their commitment to sustainability, along with their experienced team and efficient operations, makes them a top choice for timber needs in the UK.

Financial Metrics

Cash
£2,835,047
Net Worth
£14,936,814
Total Current Assets
£34,360,874
Total Current Liabilities
£29,099,794

Company Location