ARENA BLINDS LIMITED
Company Details
Registration Number
03438260
Registered Address
Unit 2 Churchill Park Private Road No 2 Colwick Nottingham NG4 2JR
Company Status
Active
Employee Count
27
Turnover
£43,884,000
EBITDA
£873,000
Additional Information
Website
arena-blinds.comCompany Type
Private limited Company
Incorporated on
17 September 1997
Nature of Business (SIC)
82990 - Other business support service activities not elsewhere classified
Industries
0
Region
East MidlandsCompany Location
Financial Overview
£4,000
£21,621,000
Last Reporting Period
Filed
01 Aug 2023
Period
01 Jan 2023 - 30 Jun 2023
Payment Timing
Average Time to Pay
15 days
Payment Periods
Shortest
0 days
Longest
0 days
Max Contractual
90 days
Payment Timeline
Not Paid Within Terms
28%
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 30 Jun 2023 | 01 Aug 2023 | 15 | 92% | 8% | 0% | 28% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 10 | 96% | 4% | 0% | 25% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 18 | 90% | 6% | 4% | 16% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 18 | 85% | 15% | 0% | 54% |
| 01 Jan 2021 - 30 Jun 2021 | 01 Aug 2021 | 24 | 82% | 9% | 9% | 47% |
| 01 Jul 2020 - 31 Dec 2020 | 30 Jul 2021 | 12 | 98% | 2% | 0% | 45% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2021 | 26 | 78% | 4% | 18% | 48% |
Company Summary
Arena Blinds Limited is a British company that specializes in the manufacturing and installation of high-quality, sustainable window blinds
The company was founded in 2005 and is based in Nottingham, UK
Sustainability is a key focus for Arena Blinds Limited, and they have implemented a number of initiatives to reduce their environmental impact
These include using eco-friendly materials in their blinds, implementing energy-efficient practices in their manufacturing process, and promoting a recycling program for their products
The company offers a wide range of blinds to suit different needs and preferences
Their products include roller blinds, wooden blinds, vertical blinds, and motorized blinds
They also offer customization options to tailor their blinds to the customer's specific requirements
Arena Blinds Limited has a team of highly skilled and experienced professionals who are dedicated to providing top-quality products and services to their customers
They also have a strong customer service team to assist with any queries or concerns
Customers can contact Arena Blinds Limited through their website, which also showcases their range of products and provides detailed information about their sustainability efforts
The registered office address for the company is Unit 4A, Nelson Industrial Park, Long Eaton, Nottingham, NG10 1PX, UK
In summary, Arena Blinds Limited is a leading manufacturer and installer of sustainable window blinds in the UK
With a commitment to sustainability, a wide range of products, and a team of dedicated professionals, the company continues to provide top-quality and environmentally friendly solutions for their customers
Company Review
Trend Analysis
From Jan 2020 to June 2023, there has been a general decrease in the average time taken by ARENA BLINDS LIMITED to pay invoices to suppliers. This trend is reflected in the decrease in the percentage of invoices paid later than 60 days, which has gone down from 18% in Jan 2020 to 0% in June 2023. Additionally, there has been an increase in the percentage of invoices paid within 30 days, from 78% in Jan 2020 to 92% in June 2023.
Volatility Analysis
The volatility in the average time taken to pay invoices has been relatively low, with only a 2% change between the highest and lowest percentage of invoices paid within 30 days. However, there has been some fluctuation in the percentage of invoices paid within 31-60 days, with a 13% change between the highest and lowest values.
Summary Analysis
From Jan 2020 to June 2023, there has been a significant improvement in the payment process of ARENA BLINDS LIMITED. The average time taken to pay invoices has decreased from 26 days to 15 days. The percentage of invoices paid within 30 days has also increased from 78% to 92%. The company has also made progress in paying invoices within agreed terms, with the percentage of invoices paid later than 60 days going down from 18% to 0%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Arena Blinds Limited does not have standard payment terms; they range from immediate to 14 days. Payment terms are agreed with suppliers as part of contract negotiations. Payment runs are usually on a weekly basis by BACS.
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
Arena Blinds Limited is committed to dealing fairly with all of its supply chain members. Transparency and swift resolution of disputed items are key principles in this process. The Accounts Payable or Procurement department identifies disputed items. An enquiry is then raised with the supplier stating the disputed items. If the supplier is at fault, credit is provided and the remainder of the invoice is cleared for payment. If Arena Blinds Limited is at fault the error is cleared internally and the invoice is released 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?
❌
