BRIGGS AMASCO LIMITED

PaymentCheck Score 2024
66Fair
9.4vs last year
#3265 in UK
#310 in Property
#157 in West Midlands

Company Information

Company Number
03541311
Registered Address
Amasco House, 101 Powke Lane, Cradley Heath, West Midlands, B64 5PX
Status
Active
Employee Count
217
Turnover
£41,223,000
EBITDA
£2,228,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 April 1998
Nature of Business
43910 - Roofing activities
Industries
Property,Infrastructure And Construction
Region
West Midlands

Time to Pay

Average Time to Pay
36 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
48%
31-60 Days
29%
After 60 Days
23%
Not Paid Within Terms14%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202417 Jan 20253648%29%23%14%
01 Jan 2024 - 30 Jun 202409 Jul 20243648%31%21%13%
01 Jul 2023 - 31 Dec 202317 Jan 20243943%31%25%13%
01 Jan 2023 - 30 Jun 202326 Jul 20234639%30%31%48%

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

Depending on type of supplier , the payment terms vary from 7 days to 60 days net Labour Only Subcontractors are paid on 14 days . Supply & Fit subcontractors are 30 days net We have a small number on 45 days net

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

Briggs Amasco activley resolve disputes as efficiently as possible. If there is a dispute on the content of an nvoice , the purchase department or buyer will inform the supplier and where possible also suggest a solution. Once agreed , a credit note will need to be issued for the partial or full amount of the invoice. The original invoice will be paid after deduction of the credit note. If a dispute cannot be resolved in a resonable time then these will be escalated to senior managment .

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

BRIGGS AMASCO LIMITED is a leading company in the roofing and waterproofing industry, providing high-quality products and services to customers in the United Kingdom. The company has a strong focus on sustainability and is committed to reducing its environmental impact through various initiatives.

One of the key activities of BRIGGS AMASCO LIMITED is the installation and maintenance of roofing systems for commercial, industrial, and public sector buildings. The company offers a wide range of roofing solutions, including traditional and modern techniques, to meet the specific needs of their clients. They also provide waterproofing services for projects ranging from small residential buildings to large-scale commercial developments.

BRIGGS AMASCO LIMITED places a strong emphasis on sustainability and has implemented various measures to reduce their carbon footprint. They use eco-friendly materials and processes in their production and installation processes, and actively promote recycling and waste reduction within their operations. The company also invests in training and development programs for their employees to ensure they are equipped with the knowledge and skills to carry out sustainable practices.

The company is led by a team of experienced and knowledgeable individuals, including Managing Director Kevin Taylor and Commercial Director John McLaughlin. Together, they have a wealth of experience in the roofing industry and are dedicated to providing the best products and services to their clients.

Customers can contact BRIGGS AMASCO LIMITED through their website, which provides information on their products, services, and sustainability program. The company's registered office address is at Hampton House, Oldham Road, Middleton, Manchester, M24 1GT. Overall, BRIGGS AMASCO LIMITED is a trusted and sustainable company that continues to grow and innovate in the roofing and waterproofing industry.

Financial Metrics

Cash
£4,907,000
Net Worth
£18,673,000
Total Current Assets
£19,386,000
Total Current Liabilities
£8,821,000

Company Location