AGA RANGEMASTER LIMITED

PaymentCheck Score 2021
28Poor
1.3vs last year
#5515 in UK
#510 in Property
#286 in East Midlands

Company Information

Company Number
03872754
Registered Address
C/O Aga Rangemaster, Meadow Lane, Long Eaton, Nottingham, United Kingdom, NG10 2GD
Status
Active
Employee Count
836
Turnover
£144,583,000
EBITDA
£22,059,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 November 1999
Nature of Business
28210 - Manufacture of ovens, furnaces and furnace burners
47540 - Retail sale of electrical household appliances in specialised stores
47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
Industries
Property,Infrastructure And Construction
Region
East Midlands

Time to Pay

Average Time to Pay
65 days
Shortest Period:1 days
Longest Period:95 days
Max Contractual:95 days

Payment Timeline

Within 30 Days
13%
31-60 Days
46%
After 60 Days
41%
Not Paid Within Terms58%

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)

Company Review

Trend Analysis

The trend for AGA RANGEMASTER LIMITED's average time to pay invoices has been decreasing over the past three periods, going from 62 days in the first period to 65 days in the third period. However, there was a slight increase in the fourth period, with an average of 69 days to pay invoices. The fifth period saw a significant increase to 79 days, followed by a decrease to 67 days in the sixth period. The trend remained relatively stable in the seventh and eighth periods, with an average of 68 and 65 days, respectively.

Volatility Analysis

The volatility for AGA RANGEMASTER LIMITED's average time to pay invoices has been relatively low, with minimal changes between periods. The largest change was between the fourth and fifth periods, with a 10-day increase, and between the fifth and sixth periods, with a 12-day decrease. The remaining periods saw changes of 1 to 3 days.

Performance Reports History

Reporting Period Filed: 2022-05-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202126 May 20226513%46%41%58%
01 Jan 2021 - 30 Jun 202126 May 20226811%47%42%64%
01 Jul 2020 - 31 Dec 202026 May 20226710%48%42%62%
01 Jan 2020 - 30 Jun 202026 May 20227913%40%46%69%
30 Jun 2019 - 29 Dec 201915 Jan 20206914%41%45%59%
30 Dec 2018 - 29 Jun 201928 Aug 20196018%39%43%54%
01 Jul 2018 - 29 Dec 201815 Mar 20196116%40%44%48%
01 Jan 2018 - 30 Jun 201812 Sept 2018
01 Jan 2018 - 01 Jun 201812 Sept 20186215%38%47%54%

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

65 Days from 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

95

Dispute Resolution Process

In the case of a dispute, accounts, operational staff and the supplier will liaise, ascertain the facts, reach an agreement and process (Pay or credit) as appropriate

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

AGA RANGEMASTER LIMITED is a British company that specializes in the manufacturing and distribution of kitchen appliances. The company was founded in 1995 and is headquartered in Leamington Spa, Warwickshire.

The company's sustainability program is focused on reducing their environmental impact and promoting responsible business practices. They have implemented various initiatives such as using recycled materials in their products, reducing energy consumption in their factories, and promoting sustainable sourcing of materials.

AGA RANGEMASTER LIMITED offers a wide range of products, including iconic AGA cookers, Rangemaster range cookers, and kitchen appliances such as refrigerators, dishwashers, and ovens. They also provide installation and maintenance services for their products.

The key people at AGA RANGEMASTER LIMITED include the CEO, William McGrath, and the Chairman, John Coleman. Together, they lead a team of dedicated employees who are committed to providing high-quality products and services to their customers.

For more information on their products and services, as well as their sustainability efforts, you can visit their website at www.agaliving.com. Their registered office address is AGA RANGEMASTER LIMITED, Meadow Lane, Long Eaton, Nottingham, NG10 2GD, United Kingdom.

Financial Metrics

Cash
£21,000
Net Worth
£188,499,000
Total Current Assets
£52,854,000
Total Current Liabilities
£24,971,000

Company Location