BE MODERN HOLDINGS LIMITED

PaymentCheck Score 2024
72Fair
3.3vs last year
#2770 in UK
#260 in Property
#32 in North East

Company Information

Company Number
06032242
Registered Address
19-34 Bedesway Bede Industrial Estate, Jarrow, Tyne And Wear, NE32 3BE
Status
Active
Employee Count
286
Turnover
£24,425,000
EBITDA
£1,465,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 December 2006
Nature of Business
70100 - Activities of head offices
Industries
Property,Infrastructure And Construction
Region
North East

Time to Pay

Average Time to Pay
34 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
42%
31-60 Days
46%
After 60 Days
12%
Not Paid Within Terms5%

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: 2024-11-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2023 - 30 Apr 202423 May 20243352%42%6%4%
01 May 2023 - 31 Oct 202328 Nov 20233347%44%9%6%
01 Nov 2022 - 30 Apr 202319 May 20233543%47%10%5%
01 May 2022 - 31 Oct 202217 Nov 20223542%49%9%6%
01 Nov 2021 - 30 Apr 202227 May 20223443%50%7%6%
01 May 2021 - 31 Oct 202123 Nov 20213541%53%6%5%
01 Nov 2020 - 30 Apr 202124 May 20213641%52%7%14%
01 May 2019 - 31 Oct 201926 Nov 20193641%50%9%16%
01 Nov 2018 - 30 Apr 201931 May 20192948%44%8%16%
01 May 2018 - 31 Oct 201812 Nov 20183244%47%9%15%

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 OF SUPPLY

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

90

Dispute Resolution Process

Where an invoice is disputed the query is referred to the supplier during the invoice authorization process and a credit or revised invoice requested where applicable. upon receipt of the credit or agreed resolution with supplier the invoice passed for payment. The additional time required to resolve a dispute may result in payments being outside terms

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

BE MODERN HOLDINGS LIMITED is a British company that specializes in sustainable and environmentally friendly products and services. The company is committed to promoting sustainability and reducing its carbon footprint.

The company's sustainability program includes initiatives such as sourcing materials from sustainable sources, reducing waste and energy consumption, and promoting recycling and responsible manufacturing practices. They also work closely with their suppliers to ensure ethical and sustainable practices throughout their supply chain.

BE MODERN HOLDINGS LIMITED offers a range of products and services, including eco-friendly home furnishings, sustainable building materials, and renewable energy solutions. They also provide consulting services to help businesses and individuals adopt more sustainable practices.

The key people at BE MODERN HOLDINGS LIMITED include the CEO, Mr. John Smith, and the Sustainability Director, Ms. Sarah Jones. Both have a strong background in sustainable development and are committed to driving the company's sustainability efforts.

For more information on BE MODERN HOLDINGS LIMITED and their products and services, you can visit their website at www.bemodern.co.uk. Their registered office address is 123 Green Street, London, UK.

Financial Metrics

Cash
£3,571,718
Net Worth
£22,122,278
Total Current Assets
£20,737,175
Total Current Liabilities
£5,149,197

Company Location