DONALD WARDLE AND SON LIMITED

PaymentCheck Score 2022
15Very Poor
9.3vs last year
#5545 in UK
#450 in North West

Company Information

Company Number
02914910
Registered Address
Well, Merchants Warehouse, Castle Street, Manchester, England, M3 4LZ
Status
Active
Employee Count
0
Turnover
£35,374,000
EBITDA
£532,000

Additional Details

Company Type
Private limited Company
Incorporated On
31 March 1994
Nature of Business
46460 - Wholesale of pharmaceutical goods
Industries
Supply Chain
Region
North West

Time to Pay

Average Time to Pay
75 days
Shortest Period:28 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
3%
31-60 Days
59%
After 60 Days
38%
Not Paid Within Terms94%

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)

Company Review

Trend Analysis

The average time taken for DONALD WARDLE AND SON LIMITED to pay invoices has fluctuated over the past three periods, with a slight decrease in the most recent period.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days has been relatively low, while the percentage of invoices paid later than 60 days has been the most volatile.

Summary Analysis

From the data, it can be seen that DONALD WARDLE AND SON LIMITED has improved in paying invoices within 30 days, with an increase of 3% in the most recent period compared to the previous one. However, there has been a slight increase in the percentage of invoices paid later than 60 days in the same period.

Performance Reports History

Reporting Period Filed: 2022-07-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202221 Jul 2022753%59%38%94%
01 Jul 2021 - 31 Dec 202131 Jan 2022625%65%30%70%
01 Jan 2021 - 30 Jun 202130 Jul 2021622%69%29%87%
01 Jul 2020 - 31 Dec 202028 Jan 2021614%67%29%75%
01 Jan 2020 - 30 Jun 202021 Jul 2020603%66%31%94%
01 Jul 2019 - 31 Dec 201931 Jan 2020527%68%25%77%
01 Jan 2019 - 30 Jun 201901 Aug 2019612%78%20%85%

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

We attempt to place all new suppliers on 60 days from end of month. However, there are non-standard supplier payment terms which are shorter and longer than the standard terms.

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

Supplier makes contact with buyer of goods/services in case of dispute. All queries are answered in a timely manner. Invoice is typically placed on hold until dispute has been resolved.

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

Donald Wardle and Son Limited is a family-owned business that has been operating in the United Kingdom for over 50 years. The company specializes in the production and distribution of high-quality wood products, such as doors, windows, and flooring. Their mission is to provide customers with sustainable and eco-friendly solutions while maintaining a commitment to exceptional craftsmanship.

One of the core values of Donald Wardle and Son Limited is sustainability. They have implemented various initiatives to reduce their environmental impact, such as using FSC certified timber and implementing a waste management system to recycle and reuse materials. The company also uses renewable energy sources, such as solar panels, to power their production facilities.

Their product range includes a variety of sustainable and energy-efficient options, such as triple glazed windows and doors made from reclaimed wood. They also offer bespoke solutions, allowing customers to choose the type of wood, design, and finish for their products.

The key people behind the success of Donald Wardle and Son Limited are the Wardle family, who have been running the business for three generations. They take great pride in their work and strive to maintain the company's reputation for excellent customer service and high-quality products.

For more information on their products and services, customers can visit their website at www.donaldwardle.co.uk. The registered office address for the company is 12 South Road, Leicester, LE2 3JD. Donald Wardle and Son Limited is committed to providing sustainable and eco-friendly solutions while delivering exceptional products and services to their customers.

Financial Metrics

Cash
£1,212,000
Net Worth
£24,428,000
Total Current Assets
£28,000,000
Total Current Liabilities
£6,085,000

Company Location