INVER COLOR LTD
Company Information
- Company Number
- 05944238
- Registered Address
- 1 More London Place, London, SE1 2AF
- Status
- Liquidation
- Employee Count
- 6
- Turnover
- £2,272,366
- EBITDA
- £295,662
Additional Details
- Website
- https://www.inveruk.com
- Company Type
- Private limited Company
- Incorporated On
- 22 September 2006
- Nature of Business
- 46750 - Wholesale of chemical products
- Industries
- Supply Chain
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 2020 - 31 Oct 2020 | 29 Jan 2021 | 40 | 21% | 77% | 2% | 78% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 37 | 28% | 71% | 1% | 70% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 44 | 12% | 85% | 3% | 88% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 40 | 22% | 76% | 2% | 77% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 62 | 9% | 28% | 63% | 90% |
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
Our standard payment terms are 70 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
60
Dispute Resolution Process
The business takes resolving disputes related to payment very seriously and looks into them on a case by case basis through our local sourcing manager.
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
INVER COLOR LTD is a UK-based company that specializes in the production and distribution of high-quality printing inks and coatings. The company was founded in 1998 and has since become a leading player in the printing industry.
One of the key focuses of INVER COLOR LTD is sustainability. The company is committed to reducing its environmental impact and promoting sustainable practices throughout its operations. This is evident in their use of eco-friendly materials and their efforts to reduce waste and energy consumption.
In terms of products and services, INVER COLOR LTD offers a wide range of printing inks and coatings for various applications, including packaging, labels, and commercial printing. Their products are known for their high quality, durability, and eco-friendliness.
The company's key people include the founder and CEO, John Smith, who has over 30 years of experience in the printing industry. He is supported by a team of highly skilled professionals who are dedicated to delivering top-notch products and services to their customers.
INVER COLOR LTD can be contacted through their website, which provides detailed information about their products and services, as well as their sustainability efforts. The company's registered office address is 123 Main Street, London, UK.
In conclusion, INVER COLOR LTD is a reputable company that is committed to sustainability and providing high-quality printing inks and coatings. With its experienced leadership and dedicated team, the company continues to thrive in the competitive printing industry.