ALUMASC BUILDING PRODUCTS LIMITED
Company Details
Registration Number
02992960
Registered Address
C/O The Alumasc Group Plc Station Road Burton Latimer Kettering Northamptonshire NN15 5JP
Company Status
Active
Employee Count
404
Turnover
£88,456,000
EBITDA
£14,089,000
Additional Information
Website
alumasc.co.ukCompany Type
Private limited Company
Incorporated on
22 November 1994
Nature of Business (SIC)
25110 - Manufacture of metal structures and parts of structures
Industries
0
Region
East MidlandsCompany Location
Financial Overview
£4,418,000
£6,563,000
Last Reporting Period
Filed
23 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
41 days
Payment Periods
Shortest
60 days
Longest
0 days
Max Contractual
90 days
Payment Timeline
Not Paid Within Terms
70%
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 | 23 Jan 2024 | 41 | 32% | 50% | 18% | 70% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 42 | 30% | 51% | 19% | 68% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 41 | 31% | 52% | 18% | 74% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 42 | 30% | 53% | 17% | 67% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 42 | 28% | 54% | 18% | 74% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 42 | 32% | 50% | 18% | 71% |
| 01 Jul 2020 - 31 Dec 2020 | 20 Jan 2021 | 43 | 31% | 48% | 21% | 75% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 43 | 30% | 47% | 23% | 78% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 39 | 33% | 53% | 14% | 74% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 43 | 31% | 51% | 19% | 69% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Apr 2019 | 45 | 26% | 53% | 21% | 75% |
Company Summary
Founded in 1984, ALUMASC BUILDING PRODUCTS LIMITED is a leading UK-based manufacturer and supplier of premium building products and solutions
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact
Their sustainability program includes using recycled materials in their products, reducing their carbon footprint through energy-efficient manufacturing processes, and promoting sustainable building practices to their customers
They also have a corporate responsibility program that focuses on ethical sourcing, community involvement, and employee well-being
ALUMASC offers a wide range of high-quality building products, including rainwater systems, roofing, facades, and solar shading
These products are known for their durability, energy efficiency, and aesthetic appeal
They cater to both commercial and residential markets and have a strong reputation for providing innovative and reliable solutions
The key people at ALUMASC BUILDING PRODUCTS LIMITED include Managing Director Paul Hooper, Commercial Director Paul Tandy, and Technical Director Richard Webster
Their team of experienced professionals is dedicated to delivering excellent customer service and maintaining the company's high standards
For more information about their products, services, and sustainability efforts, you can visit their website at www.alumascbp.co.uk
Their registered office address is Alumasc House, Station Road, Kettering, Northamptonshire, NN15 5JP, United Kingdom
Company Review
Trend Analysis
The average time taken for ALUMASC BUILDING PRODUCTS LIMITED to pay invoices has been decreasing over the past three periods. In 2018, the average time was 45 days, which decreased to 43 days in 2019 and further decreased to 39 days in 2020-2021. However, it increased slightly to 42 days in the most recent period of 2022-2023.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable over the past three periods, ranging from 26% to 33%. However, there has been some volatility in the percentage of invoices paid later than 60 days, with a high of 23% in 2020 and a low of 17% in 2022.
Summary Analysis
In the past three periods, ALUMASC BUILDING PRODUCTS LIMITED has shown a consistent trend of decreasing the average time taken to pay invoices. There has also been a slight decrease in the percentage of invoices paid later than 60 days. However, there has been some volatility in this percentage, with a high of 23% in 2020. The company has consistently maintained a high percentage of invoices paid within 30 days, with a low of 26% in 2018 and a high of 33% in 2019.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
End of Month of Invoice Date plus 60 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
Queries are raised to the purchase ledger team by phone or email to accounts@alumasc-exteriors.co.uk and usually responded to immediately & no later than 3 working days. Any escalations to the Purchase Ledger Manager & Finance Director.
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.
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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?
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