Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
The average time for EVERBUILD BUILDING PRODUCTS LIMITED to pay invoices has fluctuated between 44 and 51 days over the past three periods. However, there has been a slight overall decrease in the average time to pay, with the current period (2022-07-01 to 2022-12-31) showing the lowest average time of 45 days.
The volatility of EVERBUILD BUILDING PRODUCTS LIMITED's payment patterns can be seen through the changes in the percentage of invoices paid within 30 days, which has ranged from 21% to 33% over the past three periods. Additionally, the percentage of invoices not paid within agreed terms has also fluctuated, with a high of 73% in the current period.
| 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 2022 - 31 Dec 2022 | 23 Jan 2023 | 45 | 28% | 47% | 25% | 72% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Aug 2022 | 45 | 24% | 50% | 26% | 73% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 49 | 21% | 47% | 32% | 73% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 50 | 25% | 40% | 35% | 61% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 50 | 21% | 46% | 33% | 63% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 49 | 26% | 43% | 31% | 63% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 44 | 33% | 41% | 26% | 52% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 51 | 24% | 38% | 38% | 61% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 48 | 29% | 38% | 33% | 52% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 48 | 29% | 38% | 33% | 52% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The The company does not have a predetermined strategy for standard payment terms. Payment terms range from 7days following invoice date to 60 days following invoice period end.
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
75
The Account Payable team contact suppliers in order to resolve any issues as soon as possible and ensure prompt payment.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Everbuild Building Products Limited is registered at Sika's UK site in Welwyn Garden City. Its website, previously branded Everbuild, now trades under the name Sika UK Distribution, indicating the company operates as part of the Sika group. The business supplies trade and construction products to builders' merchants, trade professionals and DIY customers, including sealants, adhesives, expanding foams, fillers, tapes, cleaners, landscaping products, roofing, rendering, plumbing and heating supplies, tiling products and wood care treatments. Its official nature of business is recorded as manufacture of other chemical products, though the site content describes it primarily as a distributor of building chemicals and related trade products rather than a manufacturer.
Generated from the company's website and Companies House records. Sources: everbuild.co.uk