THOMAS SANDERSON LIMITED

Company Information

Company Number
04626841
Registered Address
Unit 2 Churchill Park Private Road Number 2, Colwick Industrial Estate, Nottingham, England, NG4 2JR
Status
Dissolved
Employee Count
119
Turnover
£25,540,000
EBITDA
-£2,634,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 January 2003
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Life Sciences And Medical Technology
Region
East Midlands

Time to Pay

Average Time to Pay
2 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
98%
31-60 Days
2%
After 60 Days
0%
Not Paid Within Terms2%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201928 Jan 2020298%2%0%2%
01 Jan 2019 - 30 Jun 201918 Oct 2019298%1%1%2%
01 Jan 2018 - 30 Jun 201827 Jul 20181392%5%3%32%

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

Thomas Sanderson Limited does not have standard payment terms; they range from immediate to 60 days. Payment terms are agreed with suppliers as part of contract negotiations. Payment runs are usually on a weekly basis by BACS.

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

60

Dispute Resolution Process

Thomas Sanderson Limited is committed to dealing fairly with all of its supply chain members. Transparency and swift resolution of disputed items are key principles in this process. Disputed items are identified by the Accounts Payable or Procurement department. An enquiry is then raised with the supplier stating the disputed items. If the supplier is at fault, credit is provided and the remainder of the invoice is cleared for payment. If Thomas Sanderson Limited is at fault the error is cleared internally and the invoice is released for payment.

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

Thomas Sanderson Limited is a British company that specializes in the design, manufacture, and installation of bespoke window treatments. The company was founded in 1991 and is headquartered in Waterlooville, Hampshire.

The company's sustainability program focuses on reducing its impact on the environment through various initiatives, such as using sustainably sourced materials, minimizing waste, and promoting energy efficiency. They also offer a recycling service for old blinds and have implemented a paperless system in their offices.

Thomas Sanderson's products include a wide range of made-to-measure blinds, shutters, and awnings, all of which are handcrafted in their UK-based factory. Their products are known for their high-quality materials and craftsmanship, and they offer a 5-year guarantee on all their products.

The company has a team of experienced designers and installation experts who work closely with customers to create custom-made solutions for their windows. They also offer a free design consultation service to help customers choose the right products for their homes.

Key people at Thomas Sanderson Limited include managing director Richard Petrie and sales director Catherine Housden. The company can be contacted through their website, which also features a virtual showroom where customers can explore their products and services. Their registered office address is Thomas Sanderson Limited, Waterberry Drive, Waterlooville, Hampshire, PO7 7XX.

Financial Metrics

Cash
£0
Net Worth
-£3,718,000
Total Current Assets
£10,430,000
Total Current Liabilities
£14,235,000

Company Location