WELTON BIBBY AND BARON LIMITED
Company Information
- Company Number
- 04946078
- Registered Address
- 1 Quartermaster Road, West Wilts Trading Estate, Westbury, Wiltshire, BA13 4JT
- Status
- Active
- Employee Count
- 324.0
- Turnover
- 124754000.0
- EBITDA
- 12392000.0
Additional Details
- Website
- https://www.welton.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 28 October 2003
- Nature of Business
- 17211 - Manufacture of corrugated paper and paperboard, sacks and bags
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- South West
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 28 | 68% | 25% | 7% | 6% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 28 | 74% | 19% | 7% | 7% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 27 | 73% | 21% | 6% | 5% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 27 | 73% | 22% | 5% | 7% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 28 | 71% | 22% | 7% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 30 | 69% | 25% | 6% | 7% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 30 | 70% | 23% | 7% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 15 Jul 2020 | 32 | 64% | 29% | 7% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 31 | 66% | 27% | 7% | 6% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 31 | 66% | 25% | 9% | 6% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 32 | 66% | 26% | 8% | 2% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 28 | 73% | 20% | 7% | 0% |
Company Summary
Welton Bibby and Baron Limited is a leading packaging and sustainability solutions provider based in the United Kingdom
The company is committed to sustainability and offers a range of eco-friendly packaging products and services
Their sustainability program focuses on reducing environmental impact through responsible sourcing, efficient production processes, and recycling initiatives
They also offer educational programs to help customers make informed and sustainable packaging choices
Welton Bibby and Baron Limited offers a wide range of packaging solutions including paper bags, corrugated boxes, and flexible packaging
They also provide packaging design and consultancy services to help businesses create customized and sustainable packaging solutions
The company is led by a team of experienced professionals, including Managing Director, John Turner, and Operations Director, Mark Jackson
They are dedicated to providing high-quality and sustainable packaging solutions to their customers
Welton Bibby and Baron Limited can be contacted through their website, which provides detailed information about their products, services, and sustainability initiatives
Their registered office address is located in Leeds, United Kingdom
In summary, Welton Bibby and Baron Limited is a reputable packaging company that places a strong emphasis on sustainability
They offer a wide range of eco-friendly packaging products and services and are led by a team of experienced professionals
Their commitment to sustainability makes them a top choice for businesses looking for responsible packaging solutions
Company Review
Trend Analysis
From the data provided, it can be observed that the average time taken for WELTON BIBBY AND BARON LIMITED to pay invoices to suppliers has remained relatively consistent. However, there has been a slight decrease in the average time taken from 2018 to 2023, indicating a trend towards faster payment.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days and between 31 and 60 days has remained relatively stable over the years. However, there has been a slight increase in the percentage of invoices paid later than 60 days in 2019 and 2021, indicating a slight increase in payment delays during those periods.
Summary Analysis
From 2018 to 2023, WELTON BIBBY AND BARON LIMITED has maintained an average time to pay of around 30 days. The percentage of invoices paid within 30 days has remained consistent at around 70%, while the percentage of invoices paid between 31 and 60 days has ranged from 19% to 29%. The worst period for late payments was in 2019, where 9% of invoices were paid later than 60 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
There are no standard payment terms with suppliers. The most common term agreed is 30 days net, settlement discount is also offered.
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
93
Dispute Resolution Process
Contact will be made with the supplier to request additional information or a credit note to resolve the issue. Each dispute is dealt with on an individual basis and will involve the relevant department or person depending on supplier.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
