GREENSHIELDS JCB LIMITED

PaymentCheck Score 2022
67Fair
0.4vs last year
#2892 in UK
#84 in Supply Chain
#468 in South East

Company Information

Company Number
03235098
Registered Address
Alice Holt, Gravel Hill Road, Holt Pound, Farnham, Surrey, GU10 4LG
Status
Active
Employee Count
161
Turnover
£141,641,000
EBITDA
£6,816,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 August 1996
Nature of Business
33120 - Repair of machinery
33200 - Installation of industrial machinery and equipment
Industries
Supply Chain,Manufacturing And Commerce Models
Region
South East

Time to Pay

Average Time to Pay
31 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
51%
31-60 Days
39%
After 60 Days
10%
Not Paid Within Terms29%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2022-07-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202228 Jul 20223151%39%10%29%
01 Jul 2021 - 31 Dec 202105 Feb 20223054%31%14%37%
01 Jul 2020 - 31 Dec 202030 Jan 20213452%27%21%44%
01 Jan 2018 - 31 Dec 201828 Jan 20194520%80%0%0%

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 terms are that payment of invoices for goods and services will generally be made by the end of the month following receipt of a properly due, correct and complete invoice is received. Other terms may apply by agreement.

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

60

Dispute Resolution Process

We endeavour to pay suppliers in a prompt and honest manner whilst ensuring that invoices received are correct. The Accounts Payable Department uses a purchase invoice authorisation system whereby the manager responsible is required to promptly authorise invoices relevant to their department. Should there be query or dispute on an invoice, the supplier is contacted and this is resolved by discussion and agreement and passed on to the Accounts Payable department for payment; this could affect how long it takes to make payment.

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

Greenshields JCB Limited is a British company that specializes in the sale and rental of construction equipment, particularly JCB machines. They have been in business since 1957 and have a strong commitment to sustainability and environmental responsibility.

Their sustainability program includes measures such as reducing carbon emissions, increasing energy efficiency, and promoting recycling and waste reduction. They also offer training and support to their customers on how to use their equipment in an environmentally friendly manner.

Greenshields JCB Limited offers a wide range of products and services, including sales, rentals, parts, and maintenance for JCB construction machinery. They also offer financing options for their customers.

The key people at Greenshields JCB Limited include the managing director, Phil Winnington, and the sales director, Mark Green. They are supported by a team of experienced professionals who are dedicated to providing top-quality products and services to their customers.

The company's registered office address is in Cannock, Staffordshire, and their website address is www.greenshieldsjcb.com. Customers can also contact them by phone at +44 (0)1543 461 461 or by email at info@greenshieldsjcb.com for any inquiries or to request a quote.

In summary, Greenshields JCB Limited is a well-established British company that offers sustainable construction equipment, top-quality products and services, and a strong commitment to environmental responsibility. They are a reliable choice for those in need of JCB machinery and are dedicated to providing excellent customer service.

Financial Metrics

Cash
£9,483,000
Net Worth
£13,602,000
Total Current Assets
£28,847,000
Total Current Liabilities
£18,820,000

Company Location