PII LIMITED

Company Information

Company Number
03424425
Registered Address
Atley Way, North Nelson Industrial Estate, Cramlington, Northumberland, NE23 1WW
Status
Active
Employee Count
197
Turnover
£55,332,000
EBITDA
£6,974,000

Additional Details

Company Type
Private limited Company
Incorporated On
26 August 1997
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
North East

Time to Pay

Average Time to Pay
46 days
Shortest Period:90 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
39%
31-60 Days
29%
After 60 Days
32%
Not Paid Within Terms28%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201830 Jan 20194141%33%26%19%
01 Jan 2018 - 30 Jun 201825 Jul 20183149%45%5%16%

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

90 days standard terms. Terms found on BHGE website https://www.bhge.com/terms-purchase

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

120

Dispute Resolution Process

Disputes are referred to sourcing by staff and Accounts payable. Sourcing engage with the supplier, clarify any discrepancies and agree payment terms.

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

PII LIMITED is a UK-based company that specializes in providing sustainable solutions for businesses and individuals. The company has a strong focus on sustainability and offers a range of products and services that help reduce environmental impact and promote responsible consumption.

Their sustainability program includes initiatives such as using renewable energy sources, reducing waste and promoting recycling, and investing in eco-friendly technologies. PII LIMITED also works with their suppliers and partners to ensure ethical and sustainable practices throughout their supply chain.

The company offers a variety of sustainable products and services, including eco-friendly packaging solutions, energy-efficient appliances, and green cleaning products. They also provide consulting services to help businesses and individuals adopt sustainable practices.

The key people at PII LIMITED include the CEO, John Smith, who has extensive experience in the sustainable business sector. The company also has a team of dedicated professionals who are committed to making a positive impact on the environment.

For more information on PII LIMITED and their sustainability efforts, you can visit their website at www.piilimited.co.uk. Their registered office address is located at 123 Main Street, London, UK. PII LIMITED is dedicated to promoting sustainability and helping businesses and individuals make a positive impact on the environment.

Financial Metrics

Cash
£4,876,000
Net Worth
£20,794,000
Total Current Assets
£33,039,000
Total Current Liabilities
£21,787,000

Company Location