CLEVELAND CABLE COMPANY LIMITED

PaymentCheck Score 2025
55Fair
1.6vs last year
#3357 in UK
#63 in North East

Company Information

Company Number
05538824
Registered Address
Riverside Park Road, Middlesbrough, Cleveland, TS2 1QW
Status
Active
Employee Count
523
Turnover
£460,779,000
EBITDA
£47,781,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 August 2005
Nature of Business
46760 - Wholesale of other intermediate products
Industries
Coming Soon
Region
North East

Time to Pay

Average Time to Pay
44 days
Shortest Period:60 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
18%
31-60 Days
68%
After 60 Days
14%
Not Paid Within Terms6%

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: 2025-01-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202530 Jul 20254219%70%11%5%
01 May 2024 - 31 Oct 202413 Jan 20254418%68%14%6%
01 Nov 2023 - 30 Apr 202417 Jul 20244417%67%16%6%
01 May 2023 - 31 Oct 202319 Jan 20242718%65%17%7%
01 May 2022 - 31 Oct 202220 Feb 20234219%66%15%5%
01 Nov 2021 - 30 Apr 202222 Jul 20224616%68%16%7%
01 May 2021 - 31 Oct 202114 Feb 20224614%67%19%7%
01 Nov 2020 - 30 Apr 202128 Jan 20224616%66%18%7%
01 May 2020 - 31 Oct 202007 Jan 20214616%64%20%7%
01 Nov 2018 - 30 Apr 201901 Jul 20194618%63%19%4%
01 May 2018 - 31 Oct 201821 Jan 20193219%58%23%5%

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

60 DAYS FROM THE END OF THE MONTH OF THE INVOICE DATE

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

60

Dispute Resolution Process

ALL INVOICE DISPUTES ARE HANDLED BY THE PURCHASE LEDGER DEPARTMENT AND ARE IN ACCORDANCE WITH OUR INTERNAL PROCEDURES. ONCE AN INVOICE DISPUTE HAS BEEN RESOLVED, PAYMENT OF THE INVOICE IS EITHER IT IS INCLUDED IN THE NEXT AUTOMATED PAYMENT RUN OR IN SPECIAL CIRCUMSTANCES A MANUAL PAYMENT IS ARRANGED

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

Cleveland Cable Company Limited is a leading cable and electrical equipment supplier based in Middlesbrough, UK. The company was established in 1978 and has since grown to become a trusted provider of high-quality products and services.

The company offers a wide range of cables, including power cables, control cables, and data cables, as well as electrical accessories and equipment. They also provide bespoke cable solutions for specific project requirements. All their products are designed to meet industry standards and are rigorously tested for quality and safety.

Cleveland Cable Company Limited is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have invested in energy-efficient equipment and use renewable energy sources to power their operations. They also have a recycling program in place to minimize waste and promote responsible disposal of materials.

The company has a team of dedicated and experienced professionals who are key to their success. The managing director, Alastair Powell, has over 30 years of experience in the industry and leads a team of experts who are knowledgeable and customer-focused.

For more information on their products and services, customers can visit their website or contact them directly through their registered office address at Riverside Park Road, Middlesbrough, TS2 1QW. Cleveland Cable Company Limited continues to be a top choice for businesses and industries in need of reliable and sustainable cable solutions.

Financial Metrics

Cash
£31,065,298
Net Worth
£279,876,752
Total Current Assets
£316,358,146
Total Current Liabilities
£36,481,394

Company Location