PRECON PRODUCTS LTD

PaymentCheck Score 2025
52Fair
0.8vs last year
#3557 in UK
#144 in Distribution And Delivery
#244 in East of England

Company Information

Company Number
06116510
Registered Address
Fitzroy House, Crown Street, Ipswich, Suffolk, IP1 3LG
Status
Active
Employee Count
113
Turnover
£81,066,000
EBITDA
£3,773,000

Additional Details

Company Type
Private limited Company
Incorporated On
19 February 2007
Nature of Business
46720 - Wholesale of metals and metal ores
46730 - Wholesale of wood, construction materials and sanitary equipment
Industries
Distribution And Delivery, Raw Materials And Intermediate Goods
Region
East of England

Time to Pay

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

Payment Timeline

Within 30 Days
33%
31-60 Days
43%
After 60 Days
24%
Not Paid Within Terms39%

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: 2025-08-15
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202515 Aug 20254333%43%24%39%
01 Jul 2024 - 31 Dec 202411 Apr 20254531%43%26%38%
01 Jan 2024 - 30 Jun 202411 Apr 20254533%42%25%34%

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

Standard payment days are taken from the end of the month he invoice is received.

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

The Company is ISO9001 compliantand follows documented procedures to resolve disputes. If the finance department is unable to resolve the disute it is escalated to the purchasing manager and in rare instances to the Managing Director.

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

PRECON PRODUCTS LTD is an active private limited company operating in the sector of precast products. Its name indicates a specialisation in the manufacture or supply of prefabricated items.

The company was incorporated on 19 February 2007 and operates under company number 06116510. Its registered office is located at Fitzroy House, Crown Street, Ipswich, Suffolk, IP1 3LG, within the East of England.

In the UK market, companies specialising in precast products typically provide a range of prefabricated construction components. These often include concrete beams, wall panels, floor slabs, and bespoke architectural elements designed for various building and infrastructure projects.

Financial Metrics

Cash
£5,000,000
Net Worth
£14,400,000
Total Current Assets
£26,500,000
Total Current Liabilities
£13,900,000

Company Location