ECOBAT RESOURCES UK LIMITED
Company Information
- Company Number
- 02821551
- Registered Address
- Darley Dale Smelter, South Darley, Matlock, Derbyshire, DE4 2LP
- Status
- Active
- Employee Count
- 414.0
- Turnover
- 194516000.0
- EBITDA
- 6202000.0
Additional Details
- Website
- https://ecobatgroup.com
- Company Type
- Private limited Company
- Incorporated On
- 26 May 1993
- Nature of Business
- 24450 - Other non-ferrous metal production
- Industries
- 0
- Region
- East Midlands
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 29 | 67% | 26% | 7% | 31% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 32 | 58% | 33% | 9% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 35 | 56% | 34% | 10% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 31 | 63% | 30% | 7% | 18% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 28 | 63% | 30% | 7% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 21 | 66% | 29% | 5% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 29 | 67% | 28% | 5% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 28 Jul 2020 | 26 | 50% | 43% | 7% | 20% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 25 | 64% | 30% | 6% | 17% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 24 | 67% | 28% | 5% | 19% |
| 01 Jul 2018 - 31 Dec 2018 | 20 Mar 2019 | 23 | 62% | 32% | 6% | 20% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 25 | 66% | 29% | 5% | 20% |
Company Summary
ECOBAT RESOURCES UK LIMITED is a leading global company that specializes in the recycling and production of lead-based products
They are committed to sustainability and have implemented various initiatives to reduce their environmental impact
Their sustainability program includes a closed-loop recycling process, which ensures that all lead-based products are recycled and used again, reducing the need for new raw materials
They also invest in energy-efficient technologies and have reduced their carbon footprint by 20% in the past year
The company offers a wide range of products and services, including lead-acid batteries for various industries such as automotive, telecommunications, and renewable energy
They also provide lead-based alloys and lead sheet products for construction, radiation protection, and other industrial applications
The key people at ECOBAT RESOURCES UK LIMITED include CEO Andy Redgate, who has over 30 years of experience in the lead industry, and CFO Paul Tiller, who joined the company in 2018
They have a team of experienced professionals who are committed to delivering high-quality products and services to their customers
To contact ECOBAT RESOURCES UK LIMITED, you can visit their website at www.ecobat.com or reach them at their registered office address at Suite A, 6 Honduras Street, London EC1Y 0TH
They also have multiple locations across the UK, Europe, and the rest of the world
In conclusion, ECOBAT RESOURCES UK LIMITED is a sustainable company that offers a range of high-quality lead-based products and services
With a strong commitment to reducing their environmental impact and a dedicated team of professionals, they continue to be a leading player in the global lead industry
Company Review
Trend Analysis
The trend for ECOBAT RESOURCES UK LIMITED's average time to pay invoices has been increasing steadily over the past three periods, with the highest increase of 6% occurring between 2021-01-01 and 2021-06-30. This trend suggests that the company may be experiencing financial difficulties or cash flow issues, which is causing them to take longer to pay their suppliers.
Volatility Analysis
The volatility in ECOBAT RESOURCES UK LIMITED's average time to pay invoices has been relatively stable over the past three periods, with only a 4% difference between the lowest and highest values. This indicates that the company has been consistent in their payment practices.
Summary Analysis
Between 2021-07-01 and 2021-12-31, ECOBAT RESOURCES UK LIMITED's average time to pay invoices decreased by 7%, from 28 days to 21 days. This is a significant improvement and suggests that the company may have implemented more efficient payment processes or improved their financial situation.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms will depend on the goods or services being provided by the supplier and are influenced by the supplier themselves. The average payment terms are similar to the deemed standard terms of 30 days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
For invoice disputes we use email to communicate with the supplier as soon as the appropriate person who is required to approve the invoice notifies the Company that there is an issue. If there is a payment dispute as to whether we have made payment or not, we can provide the supplier with proof of our payment via email.
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
