THE VALSPAR (UK) CORPORATION, LIMITED

PaymentCheck Score 2021
42Poor
New Entry
#4851 in UK
#106 in Raw Materials And Intermediate Goods
#256 in Yorkshire and The Humber

Company Information

Company Number
03049772
Registered Address
1 Bridgewater Place, Water Lane, Leeds, West Yorkshire, LS11 5QR
Status
Liquidation
Employee Count
270
Turnover
£98,284,000
EBITDA
£8,101,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 April 1995
Nature of Business
20301 - Manufacture of paints, varnishes and similar coatings, mastics and sealants
Industries
Raw Materials And Intermediate Goods
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
48 days
Shortest Period:70 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
29%
31-60 Days
34%
After 60 Days
37%
Not Paid Within Terms73%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2022-01-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2021 - 30 Jun 202123 Jul 20214429%35%36%74%
01 Jan 2019 - 30 Jun 201929 Jul 20195335%21%44%44%
01 Jul 2018 - 31 Dec 201829 Jan 20194737%23%40%37%
01 Jan 2018 - 30 Jun 201831 Jul 20184836%23%41%33%

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

Our standard payment terms are 70 days.

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

90

Dispute Resolution Process

The business takes resolving disputes related to payment very seriously and looks into them on a case by case basis through our local sourcing manager.

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

The Valspar (UK) Corporation, Limited is a leading global manufacturer of coatings and paints, headquartered in Bracknell, UK. The company offers a wide range of products and services, with a strong commitment to sustainability.

Their sustainability program focuses on reducing their environmental impact, promoting responsible sourcing of raw materials, and enhancing the well-being of their employees and communities. They have implemented various initiatives such as using renewable energy, reducing greenhouse gas emissions, and promoting recycling and waste reduction.

The company offers a variety of sustainable products, including low VOC (volatile organic compounds) paints, water-based coatings, and eco-friendly packaging. They also have a range of products that are certified by third-party organizations for their sustainable attributes.

The key people at Valspar (UK) include the CEO, John Revess, and the Managing Director, David Wright. They are supported by a team of experienced professionals who are dedicated to upholding the company's values of sustainability, innovation, and quality.

To contact Valspar (UK), you can visit their website at www.valspar.com/uk or email them at info.uk@valspar.com. Their registered office address is Valspar House, 3 Winkfield Road, Bracknell, Berkshire RG12 8BT, United Kingdom.

Overall, Valspar (UK) Corporation, Limited is a reputable company that is committed to sustainability in all aspects of their business. They offer a range of sustainable products and have a strong focus on reducing their environmental impact. Their dedication to sustainability sets them apart as a leader in the coatings and paints industry.

Financial Metrics

Cash
£0
Net Worth
£16,548,628
Total Current Assets
£35,660,811
Total Current Liabilities
£31,862,502

Company Location