PRINWEST LIMITED
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
- Website
- https://prinwest.co.uk
- 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
Payment Timeline
Payment Features
Payment Score History
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 Mar 2025 - 31 Aug 2025 | 03 Sept 2025 | 34 | 38% | 58% | 4% | 17% |
| 01 Sept 2023 - 28 Feb 2024 | 28 Mar 2024 | 41 | 21% | 70% | 8% | 0% |
| 01 Sept 2022 - 28 Feb 2023 | 21 Mar 2023 | 38 | 24% | 69% | 7% | 15% |
| 01 Mar 2022 - 31 Aug 2022 | 16 Sept 2022 | 50 | 20% | 70% | 10% | 16% |
| 01 Sept 2021 - 28 Feb 2022 | 01 Aug 2022 | 45 | 21% | 67% | 12% | 20% |
| 01 Mar 2021 - 31 Aug 2021 | 01 Aug 2022 | 44 | 48% | 46% | 6% | 24% |
| 01 Sept 2020 - 28 Feb 2021 | 01 Aug 2022 | 39 | 34% | 56% | 10% | 21% |
| 01 Mar 2020 - 31 Aug 2020 | 01 Aug 2022 | 42 | 22% | 68% | 10% | 19% |
| 01 Sept 2019 - 28 Feb 2020 | 01 Aug 2022 | 35 | 40% | 53% | 7% | 37% |
| 01 Mar 2019 - 31 Aug 2019 | 01 Aug 2022 | 45 | 19% | 64% | 17% | 24% |
| 01 Sept 2018 - 28 Feb 2019 | 01 Aug 2022 | 47 | 19% | 64% | 17% | 16% |
| 01 Mar 2018 - 31 Aug 2018 | 01 Aug 2022 | 43 | 22% | 66% | 12% | 18% |
| 01 Sept 2017 - 28 Feb 2018 | 01 Aug 2022 | 45 | 20% | 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.