BRIGGS EQUIPMENT UK LIMITED

PaymentCheck Score 2023
53Fair
New Entry
#4064 in UK
#177 in Supply Chain
#245 in West Midlands

Company Information

Company Number
05895588
Registered Address
Orbital 7, Orbital Way, Cannock, Staffordshire, WS11 8XW
Status
Active
Employee Count
1,910
Turnover
£356,082,000
EBITDA
£109,139,000

Additional Details

Company Type
Private limited Company
Incorporated On
3 August 2006
Nature of Business
77390 - Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
Industries
Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
45 days
Shortest Period:30 days
Longest Period:75 days
Max Contractual:75 days

Payment Timeline

Within 30 Days
30%
31-60 Days
65%
After 60 Days
5%
Not Paid Within Terms5%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2024-06-10
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202310 Jun 20244530%65%5%5%
01 Jan 2023 - 30 Jun 202327 Nov 2023457%65%28%7%

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 end of month

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

75

Dispute Resolution Process

Suppliers email SupplierQueries@briggsequipment.co.uk where the inbox is manned daily & all emails responded to for any query for Accounts Payable.

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

BRIGGS EQUIPMENT UK LIMITED is a leading provider of materials handling solutions, offering a wide range of products and services to customers across the UK. The company is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact.

Their sustainability program includes measures such as using energy-efficient equipment, promoting recycling and waste reduction, and investing in renewable energy sources. They also offer eco-friendly products and services, such as electric forklifts and sustainable packaging solutions.

The company's key people include Managing Director, David Turner, and Director of Operations, Russell Baker. They are supported by a team of experienced professionals who are dedicated to providing high-quality products and services to their customers.

BRIGGS EQUIPMENT UK LIMITED can be contacted through their website, which also provides information on their products and services. Their registered office address is located at Unit 5, Victoria Business Park, Armstrong Way, Great Western Business Park, Yate, Bristol, BS37 5NG.

In summary, BRIGGS EQUIPMENT UK LIMITED is a reputable company that prioritizes sustainability in their operations and offers a wide range of materials handling solutions to their customers. With a team of experienced professionals and a commitment to reducing their environmental impact, they continue to be a trusted choice for businesses in the UK.

Financial Metrics

Cash
£15,967,000
Net Worth
£224,915,000
Total Current Assets
£150,931,000
Total Current Liabilities
£113,914,000

Company Location