OKARNO LIMITED
Company Information
- Company Number
- 04140239
- Registered Address
- Saint-Gobain House East Leake, Loughborough, Leicestershire, United Kingdom, LE12 6JU
- Status
- Active
- Employee Count
- 69.0
- Turnover
- 69097000.0
- EBITDA
- 12307000.0
Additional Details
- Website
- https://gyproctools.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 12 January 2001
- Nature of Business
- 23620 - Manufacture of plaster products for construction purposes$25730 - Manufacture of tools
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- East Midlands
Company Location
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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 | 52 | 7% | 72% | 21% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 51 | 8% | 74% | 18% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 55 | 7% | 65% | 28% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 52 | 7% | 73% | 20% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 50 | 6% | 76% | 18% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 55 | 4% | 73% | 23% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 53 | 5% | 74% | 21% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 57 | 5% | 66% | 29% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 53 | 4% | 74% | 22% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 55 | 4% | 71% | 25% | 10% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 54 | 4% | 71% | 25% | 12% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 52 | 5% | 74% | 21% | 10% |
Company Summary
OKARNO LIMITED is a UK-based company that specializes in sustainable solutions for businesses
Founded in 2008, their main focus is on helping companies reduce their environmental impact and achieve sustainable growth
The company offers a range of services, including carbon footprint assessments, sustainable supply chain management, and waste reduction strategies
They also provide training and consultancy services to help businesses implement sustainable practices
OKARNO LIMITED has a strong commitment to sustainability and has developed a comprehensive sustainability program
This includes measures such as using renewable energy sources, reducing water and energy consumption, and promoting sustainable procurement practices
The key people at OKARNO LIMITED include the founder and CEO, Sarah Johnson, who has over 20 years of experience in sustainability and environmental management
The company also has a team of experts who are dedicated to helping businesses achieve their sustainability goals
Their website, www.okarno.co.uk, provides information about their services and sustainability program, as well as case studies of their successful projects
The registered office address for OKARNO LIMITED is 10 Northumberland Avenue, London, WC2N 5BX
In summary, OKARNO LIMITED is a leading sustainability company in the UK that offers a range of services to help businesses become more environmentally friendly
With a strong commitment to sustainability and a team of experts, they are dedicated to helping businesses achieve sustainable growth
Company Review
Trend Analysis
The average time taken for OKARNO LIMITED to pay invoices has fluctuated over the past three periods, with a decrease in 2021 and an increase in 2022. However, overall, there has been a slight increase in the average time taken to pay invoices since the start of the data in 2018.
Volatility Analysis
The volatility of the % Invoices paid within 30 days and % Invoices paid later than 60 days has been relatively stable over the past three periods, with small fluctuations in both categories. However, there has been a significant decrease in the % Invoices paid between 31 and 60 days in 2022 compared to the previous two periods.
Summary Analysis
In the last three periods, there has been a slight increase in the average time taken for OKARNO LIMITED to pay invoices. However, there has been a positive trend towards paying invoices earlier, with an increase in the % Invoices paid within 30 days and a decrease in the % Invoices paid later than 60 days. The worst period for the company was in 2020, where 29% of invoices were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Unless otherwise agreed between the parties in writing payment of undisputed accounts will be made via BACS on the fifth day of the month, two months following the end of the month in which the invoice is received by the Company.
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
The Company has a dedicated Finance Shared Service Centre (SSC), contactable by phone or e-mail, as noted on the Purchase Order. Vendors with invoice queries are required to contact them regarding non-payment of invoices. The SSC will endeavour to resolve the query on the telephone and will contact the originator of the purchase to resolve the issue.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
