CMP PRODUCTS LIMITED
Company Information
- Company Number
- 06143400
- Registered Address
- 11 Glasshouse Street, St Peters, Newcastle Upon Tyne, Tyne & Wear, NE6 1BS
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 March 2007
- Nature of Business
- 27120 - Manufacture of electricity distribution and control apparatus
- Industries
- Coming Soon
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
CMP PRODUCTS LIMITED exhibits a consistent trend of significantly delayed payments, with an average payment time of 62 days. A substantial 60% of their payments are made over 60 days, indicating a routine practice of extended payment cycles rather than isolated incidents.
Volatility Analysis
Payment reliability is low; suppliers cannot predictably expect payment within standard 30 or even 60-day terms given only 8% are paid within 30 days and 60% extend beyond 60 days. This high percentage of payments over 60 days presents a significant cash flow risk, making it difficult for suppliers to forecast working capital needs.
Summary Analysis
Suppliers should anticipate long payment cycles when working with CMP PRODUCTS LIMITED, factoring the average 62-day payment period and the high likelihood of payments extending beyond 60 days into their financial planning. It is recommended to establish extended payment terms proactively or implement strict credit controls and potentially higher pricing to offset the inherent cash flow delays.
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 May 2025 - 31 Oct 2025 | 02 Nov 2025 | 62 | 8% | 32% | 60% | 9% |
| 01 Nov 2024 - 30 Apr 2025 | 13 May 2025 | 62 | 12% | 32% | 56% | 10% |
| 01 May 2024 - 31 Oct 2024 | 06 Nov 2024 | 63 | 11% | 32% | 57% | 10% |
| 01 Nov 2023 - 30 Apr 2024 | 22 May 2024 | 65 | 10% | 28% | 62% | 23% |
| 01 May 2023 - 31 Oct 2023 | 28 Nov 2023 | 65 | 12% | 27% | 61% | 22% |
| 01 Nov 2022 - 30 Apr 2023 | 16 May 2023 | 64 | 12% | 28% | 60% | 27% |
| 01 May 2022 - 31 Oct 2022 | 25 Nov 2022 | 69 | 8% | 27% | 65% | 25% |
| 01 Nov 2021 - 30 Apr 2022 | 19 May 2022 | 69 | 9% | 27% | 64% | 17% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 68 | 10% | 29% | 61% | 13% |
| 01 Nov 2020 - 30 Apr 2021 | 17 May 2021 | 66 | 11% | 28% | 61% | 26% |
| 01 May 2020 - 31 Oct 2020 | 10 Nov 2020 | 69 | 11% | 24% | 65% | 29% |
| 01 Nov 2019 - 30 Apr 2020 | 03 Jun 2020 | 72 | 11% | 22% | 67% | 53% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 73 | 9% | 21% | 70% | 31% |
| 01 Nov 2018 - 30 Apr 2019 | 30 May 2019 | 70 | 14% | 21% | 65% | 34% |
| 01 May 2018 - 31 Oct 2018 | 22 Jan 2019 | 66 | 12% | 25% | 63% | 13% |
| 01 Nov 2017 - 30 Apr 2018 | 30 May 2018 | 69 | 11% | 25% | 64% | 14% |
| 01 May 2017 - 31 Oct 2017 | 27 Apr 2018 | 65 | 12% | 27% | 61% | 22% |
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
60 days end of month following date of invoice
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
161
Dispute Resolution Process
Accounts payable use a management system to assign queries to relevant personnel. Dispute resolution is then conducted in house by assigned personnel. Suppliers maybe contacted where appropriate.
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
CMP PRODUCTS LIMITED operates as an active private limited company focused on CMP products
As a private limited company, it is structured with limited liability
The company was incorporated on 7 March 2007 and holds the company number 06143400
Its registered office is located at 11 Glasshouse Street, St Peters, Newcastle Upon Tyne, Tyne & Wear, NE6 1BS, placing its operations within the North East region
Private limited companies that specialise in products typically undertake the manufacture, distribution, and sale of a diverse range of goods within the UK market
This often encompasses wholesale operations, direct retail to consumers, or supply to other businesses
