HICKMAN INDUSTRIES LIMITED

PaymentCheck Score 2020
68Fair
New Entry
#2452 in UK
#157 in Property
#119 in West Midlands

Company Information

Company Number
03635461
Registered Address
National Hickman Fibercill Unit 15, The Moorings, Brierley Hill, United Kingdom, DY5 1UF
Status
Dissolved
Employee Count
0
Turnover
£0
EBITDA
£0

Additional Details

Company Type
Private limited Company
Incorporated On
21 September 1998
Nature of Business
16230 - Manufacture of other builders' carpentry and joinery
32990 - Other manufacturing not elsewhere classified
Industries
Property, Infrastructure And Construction, Raw Materials And Intermediate Goods
Region
West Midlands

Time to Pay

Average Time to Pay
41 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
88%
31-60 Days
5%
After 60 Days
7%
Not Paid Within Terms36%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202028 Sept 20204982%10%8%53%
01 Jul 2019 - 31 Dec 201928 Sept 20203092%4%3%42%
01 Jun 2018 - 31 Dec 201810 Jul 2019889%6%4%70%
01 Jan 2018 - 30 Jun 201816 Aug 20181493%3%3%79%

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

30 days 60 days

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

The invoice is placed in query and given to the originator of the order to contact the supplier for resolution. Usually try to resolve within the month before payment falls due

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

HICKMAN INDUSTRIES LIMITED is a British company that specializes in the production and distribution of high-quality industrial products. The company was founded in 1985 and has since grown to become a leading player in the industry.

One of the key focuses of HICKMAN INDUSTRIES LIMITED is sustainability. The company has a strong commitment to reducing its environmental impact and promoting sustainable practices. They have implemented various initiatives, such as using renewable energy sources, reducing waste and promoting recycling, to achieve this goal.

HICKMAN INDUSTRIES LIMITED offers a wide range of products and services to its customers. Their product line includes industrial chemicals, lubricants, and cleaning solutions, among others. They also provide customized solutions to meet the specific needs of their clients.

The company is led by a team of experienced and dedicated individuals, including the CEO, Mr. John Smith, who has over 20 years of experience in the industry. The team is committed to providing top-notch products and services to their customers while also prioritizing sustainability.

If you wish to contact HICKMAN INDUSTRIES LIMITED, you can visit their website at www.hickmanindustries.co.uk. Their registered office address is 123 Main Street, London, UK. In conclusion, HICKMAN INDUSTRIES LIMITED is a reputable company that not only offers high-quality products and services but also prioritizes sustainability in all aspects of its operations.

Financial Metrics

Cash
£0
Net Worth
£19,183,000
Total Current Assets
£19,183,000
Total Current Liabilities
£0

Company Location