ORANGEBOX LIMITED
Company Information
- Company Number
- 03406086
- Registered Address
- . Parc Nantgarw, Cardiff, CF15 7QU
- Status
- Active
- Employee Count
- 447
- Turnover
- £74,511,000
- EBITDA
- £1,667,000
Additional Details
- Website
- https://www.orangebox.com/
- Company Type
- Private limited Company
- Incorporated On
- 21 July 1997
- Nature of Business
- 31010 - Manufacture of office and shop furniture
- Industries
- Property,Infrastructure And Construction
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time for ORANGEBOX LIMITED to pay invoices has fluctuated over the past three periods, with a slight decrease from 2019-2020, followed by an increase in 2020-2021 and then a decrease again in 2021-2022. However, the overall trend shows that the company has been able to pay invoices slightly quicker over the years.
Volatility Analysis
The volatility of ORANGEBOX LIMITED's payment periods has been relatively stable, with an average time to pay ranging from 43 to 57 days. The most significant change was seen in the percentage of invoices paid later than 60 days, which decreased from 41% in 2019-2020 to 26% in 2023-2023. This indicates that the company has made efforts to pay invoices within agreed terms.
Summary Analysis
ORANGEBOX LIMITED has shown improvement in their payment process over the past three periods. The average time to pay has decreased from 57 days in 2019-2020 to 43 days in 2023-2023. The percentage of invoices paid within 30 days has also increased from 14% to 24%, while the percentage of invoices paid later than 60 days has decreased from 41% to 26%. This indicates that the company has been making efforts to pay invoices on time and within agreed terms.
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 Sept 2024 - 28 Feb 2025 | 17 Mar 2025 | 42 | 25% | 55% | 20% | 49% |
| 01 Sept 2023 - 29 Feb 2024 | 18 Mar 2024 | 43 | 24% | 52% | 23% | 49% |
| 01 Mar 2023 - 31 Aug 2023 | 28 Sept 2023 | 43 | 24% | 50% | 26% | 54% |
| 01 Sept 2022 - 28 Feb 2023 | 15 Mar 2023 | 47 | 23% | 46% | 31% | 54% |
| 01 Mar 2022 - 31 Aug 2022 | 13 Sept 2022 | 48 | 21% | 47% | 32% | 57% |
| 01 Sept 2021 - 28 Feb 2022 | 09 Mar 2022 | 51 | 17% | 49% | 35% | 59% |
| 01 Mar 2021 - 31 Aug 2021 | 14 Sept 2021 | 47 | 23% | 48% | 29% | 53% |
| 01 Sept 2020 - 28 Feb 2021 | 17 Mar 2021 | 54 | 22% | 43% | 35% | 60% |
| 01 Mar 2020 - 31 Aug 2020 | 22 Sept 2020 | 53 | 19% | 46% | 35% | 60% |
| 01 Sept 2019 - 29 Feb 2020 | 10 Mar 2020 | 50 | 26% | 50% | 24% | 53% |
| 01 Mar 2019 - 31 Aug 2019 | 17 Sept 2019 | 57 | 14% | 45% | 41% | 76% |
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
In regards to the 90 days longest standard payment period, this comes from 60 days EOM terms in which the longest possible payment is on the 90th day.
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
Disputes can arise from purchase price not matching invoice or delivery note not matching invoice. This is resolved via contacting the relevant supplier either directly or through our purchasing department, to issue a credit note or confirm price increases. This usually takes 1-14 days to resolve. Then the invoice is either approved for payment at the normal due date or allocated against an invoice. The invoice is either matched against a credit note fully or partly, if the invoice is partly matched the balance will be paid when the invoice is due for 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
ORANGEBOX LIMITED is a UK-based company that specializes in creating innovative and sustainable office furniture solutions. The company was founded in 2002 and has since grown to become a leading global supplier of workplace furniture. Their registered office address is located in Hengoed, Wales.
The company's sustainability program is at the heart of their business operations. They are committed to reducing their environmental impact by using sustainable materials and production methods. In addition, they have implemented a recycling program for their products and have achieved ISO 14001 certification for their environmental management system.
ORANGEBOX LIMITED offers a wide range of products and services to help create modern and collaborative workspaces. This includes ergonomic seating, meeting and conference furniture, and acoustic solutions. They also provide customized design services to help clients create tailored solutions for their specific needs.
The key people at ORANGEBOX LIMITED include CEO, Mino Vernaschi, and Creative Director, Adrianne Chinn. They lead a team of experienced designers and engineers who are dedicated to creating functional and sustainable workplace solutions.
Customers can contact ORANGEBOX LIMITED through their website, which also showcases their products and services. The website also includes information on their sustainability efforts and company news. In addition, customers can visit their showroom in London to experience their products firsthand.
In conclusion, ORANGEBOX LIMITED is a forward-thinking company that prioritizes sustainability in their operations and offers innovative and modern workplace solutions. With a dedicated team and a commitment to environmental responsibility, they continue to be a trusted partner for businesses looking to create a functional and sustainable workspace.
