PLATINUM INTERNATIONAL LIMITED
Company Information
- Company Number
- 04397197
- Registered Address
- C/O Penningtons Manches Cooper Llp 11th Floor, 45 Church Street, Birmingham, West Midlands, United Kingdom, B3 2RT
- Status
- Active
- Employee Count
- 157
- Turnover
- £114,153,000
- EBITDA
- £6,702,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 18 March 2002
- Nature of Business
- 45310 - Wholesale trade of motor vehicle parts and accessories
- Industries
- Road Travel
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
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 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 101 | 35% | 44% | 21% | 3% |
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 terms are 60 days for supply to do with general operating activities. Stock supplies will be extended as negotiated with each supplier
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
150
Dispute Resolution Process
Suppliers may raise disputes by emailing the purchase ledger team who seeks to resolve independently. Where necessary, disputes are escalated to the purchase ledger manager and then to a financial controller. If a dispute is still not resolved, the company will enter into a process of self managed arbitration, involving the senior management of both principals to try and reach a mutually acceptable agreement.
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
Company Summary
Platinum International Limited is a global company that specializes in the production and distribution of batteries and related products. The company's headquarters is located in Manchester, United Kingdom and it has a registered office address at Platinum House, Bailey Lane, Manchester, M90 4AB.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using recycled materials in their products, reducing energy consumption, and implementing efficient waste management practices.
Platinum International Limited offers a wide range of batteries for various applications, including automotive, industrial, and leisure. They also provide battery chargers, jump starters, and portable power solutions. Their products are known for their high quality and reliability, and they have a strong presence in both the UK and international markets.
The company prides itself on its team of experienced and knowledgeable employees who are dedicated to providing excellent customer service. They also have a strong network of distributors and partners to ensure efficient delivery of their products.
Platinum International Limited is led by a team of key people, including the Managing Director, Sales Director, and Finance Director, who have years of experience in the battery industry. They are committed to driving the company's growth and success.
To learn more about Platinum International Limited and their products and services, visit their website at www.platinuminternational.com. Customers can also contact them through their customer service line or email for any inquiries. With their focus on sustainability and high-quality products, Platinum International Limited continues to be a leading player in the battery industry.
