The trend for VAN ELLE HOLDINGS PLC's average time to pay invoices has been fluctuating over the past three periods. In 2017-18, the average time to pay was 29.5 days, which decreased to 25.9 days in 2018-19. However, in 2019-20, the average time to pay increased to 32.8 days.
VAN ELLE HOLDINGS PLC has experienced some volatility in their payment practices over the past three periods. In 2017-18, the percentage of invoices paid within 30 days was 97.3%, which dropped to 92.3% in 2018-19. However, in 2019-20, this percentage increased to 96.7%. Similarly, the percentage of invoices paid later than 60 days increased from 0.4% in 2017-18 to 2.0% in 2018-19, but then decreased to 0.8% in 2019-20.
Over the past three periods, VAN ELLE HOLDINGS PLC has shown an improvement in their average time to pay invoices, decreasing from 29.5 days in 2017-18 to 25.9 days in 2018-19, before increasing slightly to 32.8 days in 2019-20. The company has also improved their percentage of invoices paid within 30 days, increasing from 92.3% in 2018-19 to 96.7% in 2019-20. However, there has been some volatility in their payment practices, with a slight increase in the percentage of invoices paid later than 60 days in 2018-19 before decreasing in 2019-20.
| 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 May 2023 - 31 Oct 2023 | 29 Nov 2023 | |||||
| 01 Nov 2022 - 30 Apr 2023 | 30 May 2023 | |||||
| 01 May 2022 - 31 Oct 2022 | 30 Nov 2022 | |||||
| 01 Nov 2020 - 30 Apr 2021 | 25 May 2021 | |||||
| 01 Nov 2018 - 30 Apr 2019 | 23 Sept 2019 | |||||
| 01 May 2018 - 31 Oct 2018 | 01 Feb 2019 | |||||
| 01 Nov 2017 - 30 Apr 2018 | 05 Feb 2019 | |||||
| 01 May 2017 - 31 Oct 2017 | 05 Feb 2019 |
Van Elle Holdings PLC is the parent holding company of the Van Elle group, a UK ground engineering and geotechnical contractor. Registered as a head office entity, it oversees the group's operating businesses which carry out piling, ground investigation, ground improvement and modular foundation work across residential, infrastructure and construction markets. The wider group, founded in 1984, undertakes over 1,000 projects a year using a UK-based rig fleet, and includes specialist brands covering geotechnical testing, helical piling, drilling and construction training. The group's work spans housebuilding, rail, highways, energy and water sectors, delivering integrated foundation and ground engineering solutions rather than trading directly itself as the registered holding entity.
Generated from the company's website and Companies House records. Sources: van-elle.co.uk · van-elle.co.uk