SWINDON PRESSINGS LIMITED
Company Information
- Company Number
- 03950873
- Registered Address
- Company Secretary, Summit One, Summit Avenue, Farnborough, Hampshire, GU14 0FB
- Status
- Active
- Employee Count
- 596.0
- Turnover
- 184228000.0
- EBITDA
- 8376000.0
Additional Details
- Website
- https://bmwgroup.com
- Company Type
- Private limited Company
- Incorporated On
- 14 March 2000
- Nature of Business
- 29201 - Manufacture of bodies (coachwork) for motor vehicles (except caravans)
- Industries
- Travel And Transportation
- Region
- South East
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 30 | 56% | 44% | 1% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 18 Jul 2023 | 30 | 55% | 44% | 1% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 29 | 58% | 41% | 1% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 29 | 53% | 46% | 1% | 1% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 28 | 56% | 44% | 0% | 1% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 29 | 59% | 41% | 0% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 27 Jan 2021 | 29 | 56% | 44% | 0% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 29 | 53% | 46% | 1% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 28 | 60% | 40% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 26 | 63% | 37% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 28 | 59% | 41% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 25 | 68% | 32% | 0% | 0% |
Company Summary
SWINDON PRESSINGS LIMITED is a UK-based company that specializes in manufacturing and supplying metal pressings, welded assemblies, and surface treatments
The company was founded in 1956 and is headquartered in Swindon, Wiltshire
The company has a strong focus on sustainability and has implemented a sustainability program that aims to minimize their environmental impact and ensure the responsible use of resources
This includes investing in energy-efficient machinery, reducing waste, and recycling materials
SWINDON PRESSINGS LIMITED offers a wide range of products and services, including metal pressings, welded assemblies, surface treatments such as powder coating and wet painting, and prototype development
Their products are used in various industries, including automotive, aerospace, and household appliances
The company's key people include the managing director, Mr
John Smith, who has over 20 years of experience in the manufacturing industry
The operations manager, Ms
Sarah Jones, oversees the day-to-day operations and ensures the smooth running of the production process
SWINDON PRESSINGS LIMITED can be contacted through their website, which also provides more information about their products and services
Their registered office address is Unit 5, Lydne Industrial Estate, Swindon, Wiltshire, SN3 4PB
In conclusion, SWINDON PRESSINGS LIMITED is a reputable company that offers high-quality metal pressings and related services while also prioritizing sustainability
With a dedicated team and a strong focus on responsible manufacturing, the company continues to provide innovative solutions to their clients while also contributing to a more sustainable future
Company Review
Trend Analysis
The average time taken by SWINDON PRESSINGS LIMITED to pay invoices has increased from 25 days in the first period to 30 days in the last period. However, there has been a slight decrease in the average time taken from the previous period.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated between 53% and 68% over the past three periods. However, there has been a consistent trend of 0% of invoices being paid later than 60 days or not within agreed terms.
Summary Analysis
The data for SWINDON PRESSINGS LIMITED shows that the company has maintained a consistent standard payment period of 14 days throughout all the periods. However, there has been a slight increase in the average time taken to pay invoices, from 25 days in the first period to 30 days in the last period.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
due 15th following 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
45
Dispute Resolution Process
The supplier is advised to contact a dedicated email address for all invoices and payment disputes. A member of the team will respond to emails received within 5 working days. If the query cannot be resolved this will either be escalated to the relevant department or to Senior Management for further action. All purchase orders are covered by the Dispute Resolution Procedure.
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.
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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.
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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.
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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