CAVERSHAM TRADING LIMITED
Company Information
- Company Number
- 05396147
- Registered Address
- 11th Floor Landmark St Peter's Square, 1 Oxford St, Manchester, M1 4PB
- Status
- Dissolved
- Employee Count
- 658
- Turnover
- £46,282,000
- EBITDA
- -£26,574,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 17 March 2005
- Nature of Business
- 47540 - Retail sale of electrical household appliances in specialised stores47599 - Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Industries
- Property-related Goods And Services
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
CAVERSHAM TRADING LIMITED demonstrates a strong general trend towards prompt payment, settling 90% of invoices within 30 days and averaging 20 days. This indicates a largely consistent and efficient payment processing cycle for the majority of transactions. However, the 44% late payment rate suggests that while payments are generally quick, a significant portion still misses agreed-upon due dates, highlighting a disconnect between speed and adherence to specific terms.
Volatility Analysis
While 90% of payments within 30 days provides a high degree of predictability for most invoices, the 44% late payment rate introduces significant volatility regarding adherence to contractual terms. The presence of 8% of payments between 31-60 days and 2% over 60 days further indicates a minor but persistent risk of extended delays. Therefore, suppliers face moderate reliability issues concerning exact due date compliance, despite the overall swiftness.
Summary Analysis
Overall, CAVERSHAM TRADING LIMITED is a moderately reliable payer, balancing strong average payment times with a notable tendency for late adherence to due dates. Suppliers should factor in their generally quick payment speed but remain vigilant about the 44% late payment frequency, which could impact cash flow predictability. Risk mitigation could involve negotiating clearer payment terms or implementing proactive follow-up procedures for invoices approaching their due dates.
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 Apr 2019 - 30 Sept 2019 | 16 Oct 2019 | 20 | 90% | 8% | 2% | 44% |
| 01 Oct 2018 - 31 Mar 2019 | 29 Apr 2019 | 23 | 88% | 10% | 2% | 45% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 19 | 90% | 8% | 2% | 56% |
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
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
90
Dispute Resolution Process
We have an accounts payable team which responds to complaints received on email or over the phone. They resolve queries as soon as possible.
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
CAVERSHAM TRADING LIMITED was a private limited company that engaged in trading activities. Such organisations typically specialise in the buying and selling of goods or services.
CAVERSHAM TRADING LIMITED was incorporated on 17 March 2005, with company number 05396147. Its registered office was located at 11th Floor Landmark St Peter's Square, 1 Oxford St, Manchester, M1 4PB. The company is now dissolved.
As a trading company, its operations involved sourcing products from suppliers and distributing them to customers, or acting as an intermediary in commercial transactions. This encompasses a range of activities, from wholesale distribution to retail sales or brokerage.
