The data for ECOBAT BATTERY UK LTD shows a consistent trend of decreasing average time to pay invoices over the past few years. This trend is also reflected in the increasing percentage of invoices paid within 30 days and decreasing percentage of invoices paid later than 60 days. This suggests that the company is becoming more efficient in their payment processes.
The data for ECOBAT BATTERY UK LTD shows a low level of volatility, with minimal changes in average time to pay and percentages of invoices paid within different time periods. This indicates that the company has established a stable payment pattern.
Looking at the past three periods, the average time taken by ECOBAT BATTERY UK LTD to pay invoices has decreased consistently from 2019 to 2021. In the most recent period, the company has achieved a significant improvement in their payment process, with 95.3% of invoices being paid within 30 days and only 0.2% of invoices being paid later than 60 days.
| 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 | 05 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 20 Jul 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 15 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 15 Jul 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 14 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 14 Jul 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 |
Ecobat Battery UK Ltd is the registered entity behind the business that now trades as Veloris, having rebranded from Ecobat Battery. It operates as an independent network supplying batteries across Europe, connecting manufacturers, brands and customers rather than manufacturing cells itself. Its own site describes it as Europe's largest independent supply network of batteries, offering supply, solutions and support, including maintenance and recycling advice. It distributes original equipment and aftermarket brands such as Bosch, Exide, Lucas, Numax and VARTA to customers including vehicle parts suppliers, dealerships, materials handling specialists and leisure retailers. Companies House records this as a wholesaler of motor vehicle parts and accessories, consistent with its role distributing third-party battery products rather than making them.
Generated from the company's website and Companies House records. Sources: ecobatbattery.com · ecobatbattery.com