PERSPEX DISTRIBUTION LIMITED

PaymentCheck Score 2025
62Fair
0.9vs last year
#2962 in UK
#88 in Supply Chain
#218 in North West

Company Information

Company Number
04625370
Registered Address
Orchard Mill, Duckworth Street, Darwen, England, BB3 1AT
Status
Active
Employee Count
113
Turnover
£60,200,000
EBITDA
£8,700,000

Additional Details

Company Type
Private limited Company
Incorporated On
24 December 2002
Nature of Business
46760 - Wholesale of other intermediate products
Industries
Supply Chain,Manufacturing And Commerce Models
Region
North West

Time to Pay

Average Time to Pay
40 days
Shortest Period:0 days
Longest Period:0 days
Max Contractual:151 days

Payment Timeline

Within 30 Days
43%
31-60 Days
34%
After 60 Days
23%
Not Paid Within Terms25%

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: 2025-01-22
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 202510 Jul 20253847%32%21%30%
01 Jul 2024 - 31 Dec 202422 Jan 20254043%34%23%25%
01 Jan 2024 - 30 Jun 202412 Jul 20243945%34%22%25%
01 Jul 2023 - 31 Dec 202325 Jan 20244743%30%28%24%
01 Jul 2022 - 31 Dec 202218 Jan 20234644%30%26%28%
01 Jan 2022 - 30 Jun 202219 Jul 20224048%30%21%29%
01 Jul 2021 - 31 Dec 202119 Jan 20223749%31%20%26%
01 Jan 2021 - 30 Jun 202128 Jul 20213651%31%18%30%
01 Jan 2020 - 30 Jun 202028 Jul 20203846%34%20%35%
01 Oct 2018 - 31 Mar 201928 Feb 20203059%32%9%30%

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

The standard terms of payment are different for different spend categories. In all categories, terms of payment can, by exception, be varied from standard payment terms by agreement between the seller and buyer.

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

No information available

Any other information about payment terms

Terms vary across our supplier base. We make payment runs weekly on a Friday. If the month end date falls within 2 working days of the Friday, that payment would be skipped in favour of payment on the month end date. Invoices falling due between payment runs are paid on the next run. Payment of some of these invoices may therefore end up technically classed as late even though our suppliers understand our payment practice. Other items reported as late represent a mixture of disputed items, supplier invoice errors and suppliers sending invoices late.

Maximum contractual payment period agreed

151

Dispute Resolution Process

If a supplier raises a query in respect of non-payment of an invoice it would initially be handled by accounts payable. If necessary, the accounts payable team will direct the query to the most relevant business area within the company (for example purchasing) to resolve this promptly.

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

PERSPEX DISTRIBUTION LIMITED is a leading supplier of high-quality acrylic sheets, offering a wide range of products and services to customers in various industries. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes using recycled materials in their production processes, reducing energy consumption, and promoting responsible waste management practices. They also offer eco-friendly alternatives to traditional acrylic sheets, such as recycled and biodegradable options.

The company's main product is PERSPEX, a brand of acrylic sheet that is known for its durability, clarity, and versatility. PERSPEX DISTRIBUTION LIMITED also offers custom cutting and fabrication services to meet the specific needs of their customers.

The company is led by a team of experienced professionals, including the Managing Director, Richard Williams, and the Sales Director, Steve Wood. They are dedicated to providing excellent customer service and maintaining the company's reputation for high-quality products.

Customers can easily access their products and services through their website, which also features a sustainability page that highlights their commitment to environmental responsibility. PERSPEX DISTRIBUTION LIMITED's registered office address is in Darwen, Lancashire, and their website is www.perspex.co.uk.

In summary, PERSPEX DISTRIBUTION LIMITED is a sustainable company that offers a wide range of high-quality acrylic products and services. With a dedicated team and a strong focus on sustainability, they are a trusted choice for customers in need of acrylic sheets.

Financial Metrics

Cash
£4,700,000
Net Worth
£9,600,000
Total Current Assets
£21,300,000
Total Current Liabilities
£13,000,000

Company Location