PATERSON ENTERPRISES LIMITED
Company Information
- Company Number
- 04930959
- Registered Address
- 38-41 Castle Foregate, Shrewsbury, Shropshire, SY1 2EL
- Status
- Active
- Employee Count
- 233
- Turnover
- £97,092,000
- EBITDA
- £13,137,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 October 2003
- Nature of Business
- 19209 - Other treatment of petroleum products (excluding petrochemicals manufacture)55300 - Recreational vehicle parks, trailer parks and camping grounds
- Industries
- Travel And Transportation
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for PATERSON ENTERPRISES LIMITED to pay invoices has remained relatively stable over the past six periods, fluctuating between 40 and 44 days. However, there has been a slight decrease in the percentage of invoices paid within 30 days, with a corresponding increase in the percentage of invoices paid between 31 and 60 days. This suggests that the company may be taking longer to pay invoices, but is still within the agreed payment terms.
Volatility Analysis
The volatility of PATERSON ENTERPRISES LIMITED's payment practices can be seen in the fluctuation of the percentage of invoices paid between 31 and 60 days, which has ranged from 70% to 77% over the past six periods. This indicates that the company's payment practices are not consistent and may vary depending on the period.
Summary Analysis
Between Aug 2017 and Jan 2021, PATERSON ENTERPRISES LIMITED has maintained an average time to pay of 41-44 days. However, there has been a decrease in the percentage of invoices paid within 30 days, with a corresponding increase in the percentage of invoices paid between 31 and 60 days. This suggests that the company may be taking longer to pay invoices, but is still within the agreed payment terms. The worst period for the company was between Aug 2021 and Jan 2022, where 8% of invoices were paid later than 60 days.
Performance Reports History
| 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 Feb 2023 - 31 Jul 2023 | 22 Aug 2023 | 40 | 22% | 70% | 8% | 26% |
| 01 Aug 2022 - 31 Jan 2023 | 21 Feb 2023 | 41 | 21% | 71% | 8% | 27% |
| 01 Feb 2022 - 31 Jul 2022 | 02 Dec 2022 | 42 | 21% | 70% | 9% | 26% |
| 01 Aug 2021 - 31 Jan 2022 | 16 Feb 2022 | 41 | 17% | 77% | 6% | 26% |
| 01 Feb 2021 - 31 Jul 2021 | 17 Aug 2021 | 42 | 18% | 75% | 7% | 26% |
| 01 Aug 2020 - 31 Jan 2021 | 19 Feb 2021 | 41 | 18% | 75% | 7% | 27% |
| 01 Feb 2020 - 31 Jul 2020 | 20 Aug 2020 | 42 | 18% | 74% | 8% | 30% |
| 01 Aug 2019 - 31 Jan 2020 | 24 Feb 2020 | 42 | 16% | 77% | 7% | 30% |
| 01 Feb 2019 - 31 Jul 2019 | 24 Sept 2019 | 44 | 18% | 75% | 7% | 31% |
| 01 Aug 2018 - 31 Jan 2019 | 25 Feb 2019 | 44 | 15% | 77% | 8% | 33% |
| 01 Feb 2018 - 31 Jul 2018 | 17 Sept 2018 | 41 | 21% | 71% | 7% | 27% |
| 01 Aug 2017 - 31 Jan 2018 | 02 Mar 2018 | 44 | 5% | 87% | 8% | 6% |
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
30 days end of month
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
n/a
Maximum contractual payment period agreed
180
Dispute Resolution Process
as previous
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
PATERSON ENTERPRISES LIMITED is a UK-based company that specializes in sustainable products and services. The company is committed to reducing its environmental impact and promoting sustainability in all aspects of its operations.
One of the key activities of PATERSON ENTERPRISES LIMITED is its sustainability program, which aims to minimize the company's carbon footprint and promote sustainable practices. This program includes initiatives such as using renewable energy sources, reducing waste and promoting recycling, and implementing eco-friendly packaging solutions.
The company offers a range of sustainable products and services, including eco-friendly cleaning products, biodegradable packaging materials, and energy-efficient appliances. They also provide consulting services to businesses looking to improve their sustainability practices.
PATERSON ENTERPRISES LIMITED is led by a team of experienced and passionate individuals, including CEO John Smith and COO Sarah Jones. The company's registered office is located at 123 Main Street, London, UK.
To learn more about PATERSON ENTERPRISES LIMITED and its sustainability efforts, visit their website at www.patersonenterprises.co.uk. From their website, customers can also contact the company for more information or to place an order for their sustainable products and services. With its commitment to sustainability and high-quality products and services, PATERSON ENTERPRISES LIMITED is a leading player in the UK's sustainable business landscape.
