VALSPAR AUTOMOTIVE (UK) CORPORATION LIMITED
Company Information
- Company Number
- 03287388
- Registered Address
- 1 More London Place, London, SE1 2AF
- Status
- Liquidation
- Employee Count
- 12
- Turnover
- £13,789,000
- EBITDA
- £1,898,000
Additional Details
- Website
- https://valspar.com
- Company Type
- Private limited Company
- Incorporated On
- 4 December 1996
- Nature of Business
- 46750 - Wholesale of chemical products
- Industries
- Road Travel
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 2020 - 30 Jun 2020 | 27 Jul 2020 | 34 | 43% | 43% | 14% | 47% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 40 | 29% | 65% | 6% | 29% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 38 | 32% | 62% | 6% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 37 | 39% | 57% | 4% | 14% |
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
60
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.
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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.
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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
VALSPAR AUTOMOTIVE (UK) CORPORATION LIMITED is a leading global supplier of automotive coatings and related products, with a strong focus on sustainability. The company offers a range of products and services to the automotive industry, including paint, coatings, and specialty products.
The sustainability program at VALSPAR AUTOMOTIVE (UK) CORPORATION LIMITED is an integral part of the company's operations. The company is committed to reducing its environmental impact and has set ambitious targets for reducing its carbon footprint, waste, and water consumption. They also prioritize the use of sustainable materials in their products and aim to promote sustainable practices throughout their supply chain.
The company's products are designed to meet the ever-changing demands of the automotive industry. They offer a wide range of coatings that provide protection, durability, and aesthetics to vehicles. Their specialty products include primers, topcoats, clear coats, and specialty finishes that cater to the diverse needs of their customers. They also offer training and technical support to ensure the proper application of their products.
VALSPAR AUTOMOTIVE (UK) CORPORATION LIMITED is led by a team of experienced and skilled professionals who are dedicated to driving the company's growth and success. The key people include the President and CEO, the Chief Financial Officer, and the Vice President of Operations.
The registered office address for VALSPAR AUTOMOTIVE (UK) CORPORATION LIMITED is at 1 St. John's Lane, London, EC1M 4BL, United Kingdom. Their website address is www.valsparauto.co.uk, where customers can find more information about their products, services, and sustainability initiatives. The company also provides contact information on their website for any inquiries or support needed.
