TARMAC BUILDING PRODUCTS LIMITED

PaymentCheck Score 2025
51Fair
3.6vs last year
#3549 in UK
#145 in Supply Chain
#199 in West Midlands

Company Information

Company Number
04026569
Registered Address
Interchange 10 Railway Drive, Wolverhampton, United Kingdom, WV1 1LH
Status
Active
Employee Count
822
Turnover
£294,337,000
EBITDA
£26,473,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 July 2000
Nature of Business
23610 - Manufacture of concrete products for construction purposes
23620 - Manufacture of plaster products for construction purposes
23640 - Manufacture of mortars
23990 - Manufacture of other non-metallic mineral products not elsewhere classified
Industries
Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
45 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
37%
31-60 Days
30%
After 60 Days
33%
Not Paid Within Terms29%

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: 2025-01-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20254838%29%33%38%
01 Jul 2024 - 31 Dec 202423 Jan 20254537%30%33%29%
01 Jan 2024 - 30 Jun 202429 Jul 20244542%28%30%30%
01 Jul 2023 - 31 Dec 202330 Jan 20245235%26%39%29%
01 Jan 2023 - 30 Jun 202327 Jul 20234256%15%29%36%
01 Jan 2022 - 30 Jun 202229 Jul 20222175%17%9%60%
01 Jul 2021 - 31 Dec 202101 Feb 20222670%18%12%63%
01 Jan 2020 - 30 Jun 202029 Jul 20205511%59%30%7%
01 Jan 2019 - 30 Jun 201929 Jul 20193160%34%6%21%
01 Jan 2018 - 30 Jun 201826 Jul 20185410%54%36%36%

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 end of month, for all new suppliers as published on our website.

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

No information available

Any other information about payment terms

Statistical information represents a combination of purchase ledger supplier and sub-contractor payments.

Maximum contractual payment period agreed

90

Dispute Resolution Process

Invoices/requests for payment which do not automatically match to the purchase order are electronically sent out to the requisitioner who is responsible for taking the action required to resolve the query. Disputed invoices are monitored and reported on a weekly basis by the Purchase to Payment Team in Wolverhampton, using an internal query management system to ensure the requisitioner and supplier resolve the dispute as soon as possible.

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

TARMAC BUILDING PRODUCTS LIMITED is a leading UK-based company that specializes in the manufacturing and distribution of sustainable building materials. Founded in 1903, the company has a rich history of providing high-quality products and services to its customers.

The company's sustainability program is a key aspect of its operations, with a focus on reducing its environmental impact and promoting sustainable practices. TARMAC is committed to reducing its carbon footprint and has set ambitious targets to achieve this, including reducing its carbon emissions by 50% by 2025. The company also uses recycled materials in its products and has implemented sustainable practices in its manufacturing processes.

TARMAC offers a wide range of products and services to the construction industry, including aggregates, asphalt, concrete, and high-quality building materials. Its products are designed to meet the highest standards of quality and sustainability, making them a popular choice among architects, contractors, and builders.

The key people at TARMAC include the Chairman, Martin Riley, and the Group CEO, Cyrille Ragoucy, who are committed to driving the company's sustainability agenda and ensuring the highest level of customer satisfaction. The company has a dedicated team of experts who are constantly innovating and developing new sustainable solutions for the construction industry.

TARMAC's website (www.tarmac.com) provides comprehensive information about the company's products, services, and sustainability initiatives. The registered office address is Tarmac, Portland House, Bickenhill Lane, Solihull, West Midlands, B37 7BQ.

In conclusion, TARMAC BUILDING PRODUCTS LIMITED is a reputable and sustainable company that is dedicated to providing high-quality building materials and services. Its commitment to sustainability, along with its wide range of products and key leadership, make it a leader in the construction industry in the UK.

Financial Metrics

Cash
£22,159,000
Net Worth
£62,345,000
Total Current Assets
£97,888,000
Total Current Liabilities
£82,181,000

Company Location