ZND UK LIMITED

Company Information

Company Number
03447088
Registered Address
The Gateway, Parkgate, Rotherham, South Yorkshire, S62 6JL
Status
Active
Employee Count
96
Turnover
£44,518,000
EBITDA
£7,430,000

Additional Details

Company Type
Private limited Company
Incorporated On
9 October 1997
Nature of Business
25110 - Manufacture of metal structures and parts of structures
Industries
Raw Materials And Intermediate Goods
Region
Yorkshire and The Humber

Time to Pay

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

Payment Timeline

Within 30 Days
23%
31-60 Days
24%
After 60 Days
53%
Not Paid Within Terms27%

Payment Features

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

Company Review

Trend Analysis

The average time taken for ZND (UK) LIMITED to pay invoices has been fluctuating over the past three periods. It decreased from 58 days in Nov 2017 to Apr 2018 to 56 days in Nov 2018 to Apr 2019. However, there was a slight increase in the average time taken from 56 days in May 2018 to Oct 2018 to 62 days in Nov 2018 to Apr 2019.

Volatility Analysis

The volatility in the percentage of invoices paid within 30 days has been relatively stable, with a decrease from 23% in Nov 2017 to Apr 2018 to 21% in May 2018 to Oct 2018, before increasing back to 23% in Nov 2018 to Apr 2019. However, there has been a significant increase in the percentage of invoices paid between 31 and 60 days, from 26% in Nov 2017 to Apr 2018 to 24% in Nov 2018 to Apr 2019. The volatility in the percentage of invoices paid later than 60 days has been high, with an increase from 53% in Nov 2017 to Apr 2018 to 62% in May 2018 to Oct 2018, before decreasing back to 53% in Nov 2018 to Apr 2019.

Summary Analysis

On average, ZND (UK) LIMITED takes 56 days to pay invoices to suppliers. The percentage of invoices paid within 30 days has slightly decreased from 23% in Nov 2017 to Apr 2018 to 21% in May 2018 to Oct 2018, before increasing back to 23% in Nov 2018 to Apr 2019. However, the percentage of invoices paid between 31 and 60 days has decreased from 26% in Nov 2017 to Apr 2018 to 24% in Nov 2018 to Apr 2019. The percentage of invoices paid later than 60 days has been high, with a peak of 62% in May 2018 to Oct 2018. The shortest (or only) standard payment period for ZND (UK) LIMITED is 60 days.

Performance Reports History

Reporting Period Filed: 2019-09-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2018 - 30 Apr 201923 Sept 20195623%24%53%27%
01 May 2018 - 31 Oct 201808 Jan 20196217%21%62%26%
01 Nov 2017 - 30 Apr 201830 May 20185821%26%53%25%

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

60 days end of month

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

60

Dispute Resolution Process

A complaint or issue will be raised by the accounts department.

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

ZND (UK) LIMITED is a British company that specializes in providing sustainable solutions for the construction industry. Founded in 2004, the company has grown to become a leading supplier of innovative products and services that promote sustainability and reduce environmental impact.

Their sustainability program focuses on offering products and services that are environmentally friendly and socially responsible. This includes using sustainable materials, implementing energy-efficient practices, and promoting recycling and waste reduction. ZND (UK) LIMITED also works closely with their suppliers and partners to ensure that their entire supply chain follows sustainable practices.

The company offers a range of sustainable products and services, including insulated formwork systems, sustainable insulation materials, and energy-efficient building solutions. These products are designed to reduce the carbon footprint of construction projects and provide long-term cost savings for their clients.

The key people at ZND (UK) LIMITED include the managing director, who oversees the company's operations and strategic direction, and the sustainability manager, who leads the sustainability program and ensures that all products and services meet the company's sustainability standards.

To get in touch with ZND (UK) LIMITED, interested parties can visit their website at www.znduk.com. The company's registered office address is located at 22-24 Cathedral Road, Cardiff, CF11 9LJ, United Kingdom. With their commitment to sustainability and innovative products and services, ZND (UK) LIMITED is a trusted partner for sustainable construction solutions in the UK.

Financial Metrics

Cash
£2,805,342
Net Worth
£10,743,731
Total Current Assets
£21,417,925
Total Current Liabilities
£10,898,051

Company Location