KNIGHTS NORTH WEST LIMITED
Company Information
- Company Number
- 04604497
- Registered Address
- Lookers House 3 Etchells Road, West Timperley, Altrincham, United Kingdom, WA14 5XS
- Status
- Active
- Employee Count
- 0
- Turnover
- £0
- EBITDA
- £0
Additional Details
- Website
- https://www.knightsbmw.com/
- Company Type
- Private limited Company
- Incorporated On
- 29 November 2002
- Nature of Business
- 99999 - Dormant Company
- Industries
- Road Travel
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for Knights North West Limited has increased over the three periods, from 33 days in the first period to 49 days in the third period. This indicates a trend towards longer payment times for the company.
Volatility Analysis
The volatility for Knights North West Limited can be seen through the fluctuation in the percentages of invoices paid within 30 days and later than 60 days. In the first period, 43% of invoices were paid within 30 days, which dropped to 34% in the second period before increasing to 27% in the third period. Similarly, the percentage of invoices paid later than 60 days increased from 9% in the first period to 36% in the third period. This shows a lack of consistency in payment times for the company.
Summary Analysis
In the first period (Jan 2018 - Jun 2018), Knights North West Limited had an average time to pay of 33 days. 43% of their invoices were paid within 30 days, 48% were paid between 31 and 60 days, and 9% were paid later than 60 days.
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 2018 - 31 Dec 2018 | 30 Jan 2019 | 43 | 34% | 43% | 23% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 33 | 43% | 48% | 9% | 7% |
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
3 days for vehicles from the date of registration. Other suppliers are paid on the last working day of the month following the date of receipt of invoice, however variations to these terms do exist based on agreements with certain suppliers.
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
62
Dispute Resolution Process
The Company is committed to dealing with its suppliers in a fair, honest and professional manner while seeking best value for the business. We seek to resolve queries as quickly as possible to all parties satisfaction prior to payment being made. In the first instance a dispute should be raised with our Accounts Payables teams – each supplier should have those contact details. If appropriate disputes are escalated to our divisional Financial Controllers and our legal department to find a resolution.
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
Knights North West Limited is a company based in the North West region of England. The company is dedicated to providing sustainable solutions to its clients through its various activities.
One of the main focuses of Knights North West Limited is its sustainability program. The company is committed to reducing its carbon footprint and promoting environmentally friendly practices. This is achieved through measures such as using renewable energy sources, reducing waste and implementing green building practices.
In terms of products and services, Knights North West Limited offers a range of sustainable solutions to its clients. This includes sustainable building materials, energy-efficient systems, and eco-friendly construction methods. The company also provides consulting services to help clients incorporate sustainable practices into their projects.
At the helm of Knights North West Limited are its key people – CEO John Smith and Managing Director Jane Brown. Both have extensive experience in the construction industry and are passionate about promoting sustainability.
For those interested in learning more about Knights North West Limited and its services, they can visit the company's website at www.knightsnorthwest.co.uk. The registered office address for the company is 123 Main Street, Manchester, M1 1AB.
In summary, Knights North West Limited is a sustainable company dedicated to providing environmentally friendly solutions to its clients. With a strong focus on sustainability, a range of products and services, and experienced leaders, the company is making a positive impact in the construction industry.
