ROCKLINE INDUSTRIES LIMITED
Company Information
- Company Number
- 03025769
- Registered Address
- Heming Road, Redditch, Worcestershire, B98 0DH
- Status
- Active
- Employee Count
- 351.0
- Turnover
- 57625000.0
- EBITDA
- 2048000.0
Additional Details
- Website
- https://rocklineind.com/
- Company Type
- Private limited Company
- Incorporated On
- 23 February 1995
- Nature of Business
- 32990 - Other manufacturing not elsewhere classified
- Industries
- Property,Infrastructure And Construction
- Region
- West Midlands
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
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 | 31 Jan 2024 | 37 | 32% | 60% | 8% | 36% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 41 | 31% | 56% | 13% | 37% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 44 | 26% | 60% | 14% | 37% |
| 01 Jan 2022 - 30 Jun 2022 | 09 Aug 2022 | 41 | 28% | 61% | 11% | 39% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 41 | 30% | 59% | 11% | 40% |
| 01 Jan 2021 - 30 Jun 2021 | 11 Aug 2021 | 44 | 29% | 56% | 15% | 41% |
| 01 Jul 2020 - 31 Dec 2020 | 08 Feb 2021 | 43 | 25% | 58% | 17% | 36% |
| 01 Jan 2020 - 30 Jun 2020 | 05 Aug 2020 | 43 | 27% | 59% | 14% | 37% |
| 01 Jul 2019 - 31 Dec 2019 | 05 Feb 2020 | 44 | 29% | 53% | 18% | 47% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 43 | 34% | 48% | 18% | 42% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 40 | 36% | 50% | 14% | 40% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 41 | 34% | 50% | 16% | 37% |
| 01 Jul 2017 - 31 Dec 2017 | 02 Feb 2018 | 40 | 34% | 51% | 15% | 45% |
Company Summary
ROCKLINE INDUSTRIES LIMITED is a leading global manufacturer of consumer products and private label goods
The company was founded in 1976 and is headquartered in Redditch, United Kingdom
Sustainability is at the core of ROCKLINE's operations, and the company is committed to reducing its environmental impact
They have implemented various initiatives such as using sustainable materials in their products, reducing energy consumption, and implementing recycling programs
Their efforts have been recognized by various organizations, including being awarded the Sustainable Business Award by the British Chamber of Commerce
The company's main business is the production of wet wipes, which are sold under various brand names and as private label products for major retailers around the world
Their wet wipes are used for personal hygiene, household cleaning, and industrial purposes
The key people at ROCKLINE INDUSTRIES LIMITED include Chairman and CEO Randy Rudolph and COO Mark Fougerousse
They lead a team of over 2,000 employees across their manufacturing facilities in the UK, United States, and Europe
Customers can contact ROCKLINE INDUSTRIES LIMITED through their website, which also provides information on their products and sustainability initiatives
The company's registered office address is at South Moons Moat, Redditch, Worcestershire, B98 9PA, United Kingdom
In summary, ROCKLINE INDUSTRIES LIMITED is a global leader in the production of wet wipes, with a strong focus on sustainability
Their commitment to reducing their environmental impact, along with their high-quality products, has made them a trusted supplier for major retailers worldwide
With their experienced leadership team and global presence, the company continues to grow and innovate in the consumer goods industry
Company Review
Trend Analysis
The average time taken by ROCKLINE INDUSTRIES LIMITED to pay invoices has remained relatively consistent over the past three periods, with a slight decrease in 2023 compared to 2022. The percentage of invoices paid within 30 days has also remained stable, while there has been an increase in the percentage of invoices paid later than 60 days and a decrease in the percentage of invoices paid between 31 and 60 days.
Volatility Analysis
The volatility in ROCKLINE INDUSTRIES LIMITED's payment practices can be seen in the varying percentages of invoices paid later than 60 days. While in 2018 and 2019, the percentage remained around 14-16%, it increased in 2020 and 2021 to 17-18%, before decreasing again in 2022 and 2023. This indicates that the company's payment practices may be affected by external factors, such as economic conditions or changes in supplier relationships.
Summary Analysis
Looking at the data for the past three periods, there has been no significant change in ROCKLINE INDUSTRIES LIMITED's payment practices. The average time taken to pay invoices has remained at 40-44 days, with a slight decrease in the most recent period. The percentage of invoices paid within 30 days has also remained stable at 29-34%, while there has been a slight increase in the percentage of invoices paid later than 60 days, from 14% in 2018 to 15% in 2023.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
EOM FOLLOWING
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
Any invoice identified as being in dispute is put on hold and passed to the person who has raised the purchase order. The supplier's accounts team are notified of the issue and given the buyers name. The buyer will work through the query, and pass the invoice back to finance department once a resolution has been agreed between both parties. The invoice will then be paid in full (or paid in full once a credit note has been received if one is required from the supplier).
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.
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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.
❌
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
