TENNANTS DISTRIBUTION LIMITED

Company Information

Company Number
03133273
Registered Address
Tennants Distribution Ltd, Hazelbottom Road, Cheetham, Manchester, M8 0GR
Status
Active
Employee Count
173.0
Turnover
234273000.0
EBITDA
21333000.0

Additional Details

Company Type
Private limited Company
Incorporated On
28 November 1995
Nature of Business
46750 - Wholesale of chemical products
Industries
Supply Chain,Manufacturing And Commerce Models
Region
North West

Company Location

Google
Map data ©2025
Map data ©2025

Financial Metrics

Cash
£21,660,000.00
Net Worth
£65,889,000.00
Total Current Assets
£80,775,000.00
Total Current Liabilities
£18,440,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
20 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
80%
31-60 Days
20%
After 60 Days
0%
Not Paid Within Terms1%

Payment Features

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

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 201806121824

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 20180255075100

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20242080%20%0%1%
01 Jan 2023 - 30 Jun 202326 Jul 20232080%20%0%1%
01 Jul 2022 - 31 Dec 202231 Jan 20232177%23%0%1%
01 Jan 2022 - 30 Jun 202227 Jul 20221686%14%0%0%
01 Jul 2021 - 31 Dec 202128 Jan 20221785%15%0%0%
01 Jan 2021 - 30 Jun 202123 Jul 20211788%12%0%0%
01 Jul 2020 - 31 Dec 202029 Jan 20211687%13%0%0%
01 Jan 2020 - 30 Jun 202024 Jul 20202079%18%2%0%
01 Jul 2019 - 31 Dec 201930 Jan 20202176%21%3%0%
01 Jan 2019 - 30 Jun 201923 Jul 20191883%16%1%1%
01 Jul 2018 - 31 Dec 201830 Jan 20192276%21%3%3%
01 Jan 2018 - 30 Jun 201830 Jul 20181984%14%2%6%

Company Summary

TENNANTS DISTRIBUTION LIMITED is a British company that specializes in warehousing, logistics, and distribution services

The company was founded in 1920 and is headquartered in York, United Kingdom

The company offers a wide range of services, including storage, inventory management, transportation, and supply chain solutions

It serves various industries, such as retail, food and beverage, pharmaceutical, and automotive

TENNANTS DISTRIBUTION LIMITED is committed to sustainability and has implemented various initiatives to reduce its environmental impact

These include using electric vehicles in its transportation fleet, installing solar panels on its warehouse roofs, and promoting recycling and waste reduction

The company also offers sustainable packaging solutions and works closely with its suppliers to source eco-friendly products

Additionally, it has a dedicated team that focuses on continuously improving its sustainability practices

The key people at TENNANTS DISTRIBUTION LIMITED include the Managing Director, Mr

David Tennant, and the Operations Director, Ms

Jane Smith

The company has a team of experienced professionals who are dedicated to providing efficient and reliable services to its customers

For more information on its services, sustainability program, and products, interested parties can visit the company's website at www.tennantsdistribution.com

The registered office address of TENNANTS DISTRIBUTION LIMITED is Unit 1, Millennium Business Park, York, YO10 5NP, United Kingdom

Company Review

Trend Analysis

Overall, TENNANTS DISTRIBUTION LIMITED has shown a consistent trend of paying invoices within a short time period, with an average of 19 days. However, there has been a significant improvement in paying invoices within 30 days, with a steady increase over the past three periods.

Volatility Analysis

TENNANTS DISTRIBUTION LIMITED has shown low volatility in terms of time to pay, with a consistent average of 19 days over the past three periods. In terms of the percentage of invoices paid within 30 days, there has been a slight increase in volatility, with a 4% fluctuation from 84% in 2018 to 88% in 2021-2023.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 days end of month

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

60

Dispute Resolution Process

All queries will be reverted back to the supplier by our purchasing team.

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

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