ARMITAGE SHANKS LTD

Company Information

Company Number
04864346
Registered Address
The Bathroom Works, National Avenue, Hull, England, HU5 4HS
Status
Active
Employee Count
0
Turnover
£27,886,000
EBITDA
£3,175,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 August 2003
Nature of Business
22290 - Manufacture of other plastic products
23420 - Manufacture of ceramic sanitary fixtures
Industries
Supply Chain,Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
47 days
Shortest Period:60 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
28%
31-60 Days
11%
After 60 Days
61%
Not Paid Within Terms23%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-08-09
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201813 Feb 2019608%19%73%11%
01 Jan 2018 - 30 Jun 201830 Jul 20186610%23%67%8%

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 75 days for new suppliers, historically 60 days. There may be a number of contracts were different terms may be agreed.

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

120

Dispute Resolution Process

Disputes are resolved via accounts payable involving procurement where necessary. These are generally instigated by the vendor.

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

ARMITAGE SHANKS LTD is a British company that specializes in the design and manufacture of bathroom fixtures and fittings. The company was founded in 1817 and is headquartered in Staffordshire, United Kingdom.

Sustainability is a key focus for ARMITAGE SHANKS LTD and the company has implemented various initiatives to reduce its environmental impact. These include using sustainable materials in their products, reducing water and energy consumption in their manufacturing processes, and implementing recycling programs.

The company offers a wide range of products and services, including bathroom suites, taps, showers, toilets, and accessories. Their products are designed to be both stylish and functional, catering to both residential and commercial customers. They also offer installation and maintenance services to ensure the longevity of their products.

The key people at ARMITAGE SHANKS LTD include CEO David Newton, who has over 20 years of experience in the bathroom industry, and the company's team of designers and engineers who are dedicated to creating innovative and sustainable products.

For more information on ARMITAGE SHANKS LTD, their products, and services, you can visit their website at www.armitageshanks.co.uk. Their registered office address is Armitage Shanks Ltd, Armitage House, Ambassador Way, Greens Rd, Swinton, Mexborough, South Yorkshire S64 8AJ.

Financial Metrics

Cash
£0
Net Worth
£25,008,000
Total Current Assets
£22,181,000
Total Current Liabilities
£12,043,000

Company Location