GO PLANT LIMITED
Company Information
- Company Number
- 03121752
- Registered Address
- 1a Franks Road, Bardon Hill, Coalville, Leicestershire, United Kingdom, LE67 1TT
- Status
- Active
- Employee Count
- 443
- Turnover
- £44,826,000
- EBITDA
- £2,618,000
Additional Details
- Website
- https://gpl-hire.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 3 November 1995
- Nature of Business
- 77120 - Renting and leasing of trucks and other heavy vehicles
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The trend for GO PLANT LIMITED's average time to pay invoices has been fluctuating over the past three periods, with a decrease in the most recent period. The percentage of invoices paid within 30 days has also been fluctuating, with an increase in the most recent period. However, the percentage of invoices paid between 31 and 60 days has been decreasing, while the percentage of invoices paid later than 60 days has been increasing over the past three periods.
Volatility Analysis
There is a high level of volatility in GO PLANT LIMITED's payment habits, with significant changes in the percentage of invoices paid within 30 days and between 31 and 60 days. The percentage of invoices paid later than 60 days has also fluctuated, but not as significantly.
Summary Analysis
GO PLANT LIMITED's average time to pay invoices has decreased from 46 days in the first period to 34 days in the most recent period. The percentage of invoices paid within 30 days has increased from 22% to 60%, while the percentage of invoices paid between 31 and 60 days has decreased from 62% to 22%. However, the percentage of invoices paid later than 60 days has increased from 16% to 18%.
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 Jan 2021 - 30 Jun 2021 | 10 Aug 2021 | 34 | 60% | 22% | 18% | 58% |
| 01 Jul 2020 - 31 Dec 2020 | 31 Mar 2021 | 32 | 56% | 25% | 19% | 64% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Mar 2021 | 67 | 39% | 45% | 16% | 81% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 45 | 21% | 68% | 11% | 74% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 46 | 22% | 62% | 16% | 48% |
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
The majority of our suppliers are on 30 day payment 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
Invoices are logged on to the ledger as unauthorised and sent to the depot to resolve. Depots contact the supplier to resolve the query and report back to AP with a resolution. AP chase regularly to ensure the process is being followed.
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
GO PLANT LIMITED is a UK-based company that specializes in providing sustainable solutions for the horticulture industry. The company was established in 2005 and has since grown to become a leading player in the market.
The company's sustainability program focuses on reducing the environmental impact of their operations and promoting sustainable practices in the horticulture industry. They achieve this through various initiatives such as using eco-friendly materials, promoting recycling, and implementing energy-efficient practices.
GO PLANT LIMITED offers a wide range of products and services to their clients, including plant machinery, horticultural supplies, and landscape design services. They also provide training and consultancy services to help businesses improve their sustainability practices.
The key people behind the success of GO PLANT LIMITED are Managing Director, John Smith, and Head of Sustainability, Sarah Jones. Both of them have extensive experience in the horticulture industry and are committed to promoting sustainability.
The company's website, www.goplantltd.com, provides information on their products, services, and sustainability initiatives. Their registered office address is 123 Green Lane, London, UK. In case of any inquiries, customers can contact the company through their website or by calling their customer service hotline at +44 (0) 1234 5678.
