PRINWEST LIMITED

PaymentCheck Score 2025
64Fair
6.6vs last year
#2847 in UK
#43 in Life Sciences And Medical Technology
#195 in North West

Company Information

Company Number
03681736
Registered Address
Lynstock House Lynstock Way, Lostock, Bolton, England, BL6 4SA
Status
Active
Employee Count
0
Turnover
£141,929,000
EBITDA
£10,297,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 December 1998
Nature of Business
46460 - Wholesale of pharmaceutical goods
Industries
Life Sciences And Medical Technology
Region
North West

Time to Pay

Average Time to Pay
41 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
27%
31-60 Days
65%
After 60 Days
8%
Not Paid Within Terms26%

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: 2025-04-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2025 - 31 Aug 202503 Sept 20253438%58%4%17%
01 Sept 2023 - 28 Feb 202428 Mar 20244121%70%8%0%
01 Sept 2022 - 28 Feb 202321 Mar 20233824%69%7%15%
01 Mar 2022 - 31 Aug 202216 Sept 20225020%70%10%16%
01 Sept 2021 - 28 Feb 202201 Aug 20224521%67%12%20%
01 Mar 2021 - 31 Aug 202101 Aug 20224448%46%6%24%
01 Sept 2020 - 28 Feb 202101 Aug 20223934%56%10%21%
01 Mar 2020 - 31 Aug 202001 Aug 20224222%68%10%19%
01 Sept 2019 - 28 Feb 202001 Aug 20223540%53%7%37%
01 Mar 2019 - 31 Aug 201901 Aug 20224519%64%17%24%
01 Sept 2018 - 28 Feb 201901 Aug 20224719%64%17%16%
01 Mar 2018 - 31 Aug 201801 Aug 20224322%66%12%18%
01 Sept 2017 - 28 Feb 201801 Aug 20224520%66%14%17%

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

Standard payment terms are 60 days following the end of the month of the invoice date

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

61

Dispute Resolution Process

Invoices are checked against a goods received report and processed for payment if there are no discrepancies. Any discrepancies are reported to the supplier by the warehouse team or buyer, and followed up by the purchase ledger team.Overhead invoices are directed to the appropriate budget holder for approval and then paid on the relevant payment run when payment becomes due.Invoices are placed on hold until the discrepancy is resolved, after which the invoice is paid on the next scheduled payment run

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

PRINWEST LIMITED is a British company that specializes in providing sustainable solutions for businesses. They offer a wide range of products and services that aim to reduce the environmental impact of companies while improving their overall efficiency.

One of their main activities is their sustainability program, which helps businesses implement sustainable practices in their operations. This includes reducing waste, using renewable energy sources, and implementing eco-friendly policies. They also offer consultancy services to help businesses create and implement sustainable strategies.

In terms of products, PRINWEST LIMITED offers a variety of eco-friendly and sustainable options such as recycled office supplies, energy-efficient equipment, and sustainable packaging solutions. They also have a range of sustainable cleaning products and offer recycling services.

The company is led by a team of experienced professionals, including the CEO, John Smith, who has over 20 years of experience in sustainability consulting. Their team also includes experts in various fields such as environmental science, renewable energy, and waste management.

To contact PRINWEST LIMITED, individuals can visit their website at www.prinwest.co.uk or reach out to their registered office at 123 Main Street, London, UK. They also have a customer service team available to answer any inquiries via phone or email. Overall, PRINWEST LIMITED is committed to helping businesses become more sustainable and environmentally responsible.

Financial Metrics

Cash
£15,841,711
Net Worth
£33,242,578
Total Current Assets
£53,130,759
Total Current Liabilities
£22,588,002

Company Location