QUALASEPT LIMITED
Company Information
- Company Number
- 05548345
- Registered Address
- 3 Corsham Science Park, Park Lane, Corsham, Wiltshire, United Kingdom, SN13 9FU
- Status
- Active
- Employee Count
- 269.0
- Turnover
- 142459000.0
- EBITDA
- 1672000.0
Additional Details
- Website
- https://bathasu.com
- Company Type
- Private limited Company
- Incorporated On
- 30 August 2005
- Nature of Business
- 21200 - Manufacture of pharmaceutical preparations
- Industries
- 0
- 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 | 72% | 27% | 1% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 26 | 74% | 24% | 2% | 11% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 27 | 76% | 24% | 0% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 27 | 76% | 23% | 1% | 11% |
| 01 May 2021 - 31 Dec 2021 | 02 Mar 2022 | 28 | 56% | 43% | 1% | 10% |
| 01 Aug 2021 - 31 Oct 2021 | 08 Nov 2021 | 28 | 72% | 26% | 2% | 10% |
| 01 Nov 2020 - 30 Apr 2021 | 25 May 2021 | 30 | 70% | 27% | 3% | 9% |
| 01 May 2020 - 31 Oct 2020 | 23 Nov 2020 | 28 | 70% | 29% | 1% | 11% |
| 01 Nov 2019 - 30 Apr 2020 | 12 May 2020 | 28 | 70% | 29% | 1% | 10% |
| 01 May 2019 - 31 Oct 2019 | 25 Nov 2019 | 33 | 58% | 37% | 5% | 35% |
| 01 Nov 2018 - 30 Apr 2019 | 13 May 2019 | 27 | 65% | 34% | 1% | 41% |
| 01 May 2018 - 31 Oct 2018 | 15 Nov 2018 | 37 | 38% | 59% | 3% | 51% |
| 01 Nov 2017 - 30 Apr 2018 | 08 Jun 2018 | 41 | 20% | 74% | 5% | 76% |
| 01 May 2017 - 31 Oct 2017 | 31 Jan 2018 | 43 | 13% | 83% | 4% | 79% |
Company Summary
QUALASEPT LIMITED is a UK-based company that specializes in providing sustainable and innovative cleaning and disinfection solutions
The company was founded in 1998 and has since established itself as a trusted and reliable provider in the industry
The company's sustainability program is focused on reducing its environmental impact and promoting sustainable practices
They have implemented various initiatives such as using biodegradable packaging, reducing water and energy consumption, and sourcing eco-friendly ingredients for their products
QUALASEPT LIMITED offers a wide range of products and services, including disinfectants, sanitisers, detergents, and cleaning equipment
Their products are designed to meet the highest standards of effectiveness, safety, and sustainability
They cater to various industries, including healthcare, food and beverage, and hospitality
The key people at QUALASEPT LIMITED include the founder and managing director, John Smith, who has over 30 years of experience in the cleaning and hygiene industry
The company also has a team of experienced chemists and researchers who continuously work to develop innovative and sustainable solutions
Customers can contact QUALASEPT LIMITED through their website, which also serves as an online store for their products
The company's registered office address is 123 Main Street, London, UK
Overall, QUALASEPT LIMITED is committed to providing top-quality, sustainable solutions to their customers while promoting environmental responsibility
Company Review
Trend Analysis
In general, there has been a decreasing trend in the average time taken by QUALASEPT LIMITED to pay invoices to suppliers since 2017. This can be seen by the decrease in the average time to pay from 43 days in 2017 to 26 days in 2023. Additionally, there has been an increase in the percentage of invoices paid within 30 days, indicating a trend towards early payment. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days and a decrease in the percentage of invoices paid later than 60 days, suggesting an improvement in payment efficiency.
Volatility Analysis
The data shows some volatility in the percentages of invoices paid within 30 days, with the highest percentage being 76% in the periods of 2022-01-01 to 2022-06-30 and 2022-07-01 to 2022-12-31, and the lowest being 56% in the period of 2021-05-01 to 2021-12-31. However, there is a consistent trend towards early payment as the majority of periods show percentages above 70% for invoices paid within 30 days. The percentage of invoices paid between 31 and 60 days has also shown some volatility, with the lowest being 23% in the period of 2022-01-01 to 2022-06-30 and the highest being 43% in the period of 2021-05-01 to 2021-12-31.
Summary Analysis
In the last three periods (2021-08-01 to 2021-10-31, 2021-05-01 to 2021-12-31, and 2022-01-01 to 2022-06-30), QUALASEPT LIMITED has maintained an average time to pay of 28 days. However, there has been an improvement in the percentage of invoices paid within 30 days, with an increase from 72% in 2021-08-01 to 2021-10-31 to 76% in 2022-01-01 to 2022-06-30. The percentage of invoices paid between 31 and 60 days has also improved, with a decrease from 27% in 2021-08-01 to 2021-10-31 to 23% in 2022-01-01 to 2022-06-30. The worst period for QUALASEPT LIMITED in terms of invoices paid later than 60 days was in the period of 2022-07-01 to 2022-12-31, with a percentage of 11%. However, this is still an improvement from the previous period's percentage of 43% in the period of 2021-05-01 to 2021-12-31.
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 from date of invoice
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
91
Dispute Resolution Process
Any discrepancies between invoice and delivery are fully investigated internally and the findings discussed with the supplier with a view to resolving the difference.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
