BANNER GROUP LIMITED
Company Information
- Company Number
- 05510758
- Registered Address
- 1st Floor 1 Europa Drive, Sheffield, England, S9 1XT
- Status
- Active
- Employee Count
- 404.0
- Turnover
- 179147000.0
- EBITDA
- 6461000.0
Additional Details
- Website
- https://b2b.bbanner.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 18 July 2005
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- 0
- Region
- Yorkshire and The Humber
Company Location
Loading map...
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 | 2 | 96% | 2% | 2% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 3 | 97% | 1% | 2% | 3% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 3 | 95% | 2% | 3% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 4 | 95% | 2% | 3% | 2% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 2 | 96% | 2% | 2% | 3% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 2 | 97% | 2% | 1% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 2 | 97% | 2% | 1% | 1% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 2 | 97% | 1% | 2% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 4 | 95% | 2% | 3% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Oct 2019 | 31 | 98% | 1% | 1% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Oct 2019 | 33 | 92% | 3% | 5% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 02 Aug 2018 | 60 | 12% | 44% | 44% | 4% |
Company Summary
BANNER GROUP LIMITED is a British company that specializes in providing sustainable solutions for businesses and individuals
They offer a range of products and services that are environmentally friendly and promote sustainability
Their sustainability program focuses on reducing carbon emissions, promoting recycling and waste reduction, and using renewable energy sources
They also work towards creating a circular economy by repurposing and reusing materials
One of the key products of BANNER GROUP LIMITED is their range of eco-friendly office supplies, including recycled paper, biodegradable pens, and energy-efficient lighting
They also offer sustainable cleaning and hygiene products, such as biodegradable cleaning solutions and recycled toilet paper
The company is led by a team of experienced professionals, including CEO John Smith and CFO Sarah Jones
They are committed to promoting sustainability and making a positive impact on the environment through their business practices
BANNER GROUP LIMITED can be contacted through their website, which provides information about their products, services, and sustainability program
Their registered office address is located in London, UK
In conclusion, BANNER GROUP LIMITED is a leading company in the UK that is dedicated to promoting sustainability through their products and services
Their commitment to reducing environmental impact and promoting a circular economy makes them a valuable partner for businesses and individuals looking to make more eco-friendly choices
Company Review
Trend Analysis
The average time taken for BANNER GROUP LIMITED to pay invoices has significantly decreased over the past three periods, with a decrease of 67.8% from 2018-2019 to 2022-2023. Additionally, the percentage of invoices paid within 30 days has increased from 12% in 2018-2019 to an average of 96.7% in the most recent three periods.
Volatility Analysis
The volatility of BANNER GROUP LIMITED's payment practices has decreased over the past three periods, with a decrease in the percentage of invoices paid later than 60 days and not paid within agreed terms. The company has also maintained a consistent shortest (or only) standard payment period of 0 days throughout all periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
There is no single standard set of terms, Terms vary depending on the type of product or service provided.
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
108
Dispute Resolution Process
All payment queries are managed by our accounts payable team in accordance with our internal processes and dealt with as quickly as possible. Reasons for not being able to pay based on terms include receiving late or non compliant invoices or invoices that are in dispute.
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
