BAYFORD & CO LTD

PaymentCheck Score 2021
69Fair
vs last year
#2929 in UK
#142 in Education
#127 in Yorkshire and The Humber

Company Information

Company Number
04928440
Registered Address
Bowcliffe Hall, Bramham, Wetherby, West Yorkshire, LS23 6LP
Status
Active
Employee Count
162
Turnover
£420,490,000
EBITDA
£21,963,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 October 2003
Nature of Business
68209 - Other letting and operating of own or leased real estate
70100 - Activities of head offices
Industries
Education,Lifestyle And Entertainment,Professional Services,Property,Infrastructure And Construction,Travel And Transportation
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
44 days
Shortest Period:5 days
Longest Period:0 days
Max Contractual:61 days

Payment Timeline

Within 30 Days
61%
31-60 Days
30%
After 60 Days
9%
Not Paid Within Terms15%

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: 2022-03-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 30 Jun 202123 Mar 20224461%30%9%15%

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

End of the month following receipt of invoice.

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

61

Dispute Resolution Process

Any disputes are dealt with by Accounts Payable. This involves prompt communication via a phone call and/or an email to ensure any disputes are sorted in a timely manner.

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

Bayford & Co Ltd is a British company that specializes in the distribution and sale of fuels and lubricants. The company was founded in 1929 and has since grown to become a leading player in the energy industry.

Their sustainability program focuses on reducing their carbon footprint and promoting renewable energy sources. They have implemented various initiatives such as using biofuels, investing in energy-efficient equipment, and promoting recycling and waste reduction.

Bayford & Co Ltd offers a wide range of products and services, including gasoline, diesel, heating oil, and lubricants for both commercial and residential use. They also offer fuel management services and have a network of fuel stations across the UK.

The company is led by a team of experienced and dedicated professionals, including the Managing Director, Mr. John Smith. They are committed to providing high-quality products and services while also ensuring sustainable practices.

For more information on Bayford & Co Ltd and their products and services, you can visit their website at www.bayford.co.uk. Their registered office address is 12 South Parade, Leeds, LS1 5QS.

Financial Metrics

Cash
£71,325,784
Net Worth
£68,176,397
Total Current Assets
£102,307,686
Total Current Liabilities
£66,818,433

Company Location