VALSPAR POWDER COATINGS LIMITED

PaymentCheck Score 2021
34Poor
2.3vs last year
#5198 in UK
#127 in Raw Materials And Intermediate Goods
#283 in Yorkshire and The Humber

Company Information

Company Number
02849106
Registered Address
1 Bridgewater Place, Water Lane, Leeds, West Yorkshire, LS11 5QR
Status
Liquidation
Employee Count
93
Turnover
£18,390,000
EBITDA
-£1,559,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 August 1993
Nature of Business
20301 - Manufacture of paints, varnishes and similar coatings, mastics and sealants
Industries
Raw Materials And Intermediate Goods
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
65 days
Shortest Period:70 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
13%
31-60 Days
48%
After 60 Days
39%
Not Paid Within Terms83%

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: 2022-01-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202123 Jul 20215015%50%35%74%
01 Jan 2020 - 30 Jun 202027 Jul 20205513%55%32%73%
01 Jan 2019 - 30 Jun 201929 Jul 20194824%50%26%46%
01 Jul 2018 - 31 Dec 201829 Jan 20194622%54%24%51%
01 Jan 2018 - 30 Jun 201831 Jul 20184531%47%22%32%

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

Our standard payment terms are 70 days.

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

The business takes resolving disputes related to payment very seriously and looks into them on a case by case basis through our local sourcing manager.

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

VALSPAR POWDER COATINGS LIMITED is a leading manufacturer and supplier of high-quality powder coatings in the United Kingdom. The company is committed to sustainability and offers a wide range of environmentally friendly products and services.

Their sustainability program focuses on reducing their carbon footprint, promoting energy efficiency, and using sustainable materials in their production processes. They have also implemented recycling and waste management practices to minimize their impact on the environment.

VALSPAR POWDER COATINGS LIMITED offers a diverse portfolio of powder coating solutions for various industries, such as architecture, automotive, and furniture. Their products are known for their durability, excellent color retention, and resistance to corrosion and chemicals.

The company is led by a team of experienced and dedicated professionals, including Managing Director, John Gunner, and Sales Director, Emma Worley. They are committed to providing exceptional customer service and developing innovative and sustainable solutions for their clients.

Customers can contact VALSPAR POWDER COATINGS LIMITED through their website, which also provides detailed information about their products, services, and sustainability efforts. Their registered office address is Unit 7, Cavell Business Park, Norwich, Norfolk, NR3 2BT, United Kingdom.

In summary, VALSPAR POWDER COATINGS LIMITED is a leading powder coating company in the UK with a strong commitment to sustainability. They offer a wide range of high-quality and environmentally friendly products and services, led by a team of experienced professionals. Customers can easily access their services and information through their website.

Financial Metrics

Cash
£0
Net Worth
-£10,287,539
Total Current Assets
£8,554,409
Total Current Liabilities
£20,908,233

Company Location