NORBAIN HOLDINGS LIMITED
Company Information
- Company Number
- 06248590
- Registered Address
- Votec House, Hambridge Lane, Newbury, Berkshire, RG14 5TN
- Status
- Active
- Employee Count
- 181.0
- Turnover
- 116152000.0
- EBITDA
- 7387000.0
Additional Details
- Website
- https://aurigaeurope.com/
- Company Type
- Private limited Company
- Incorporated On
- 16 May 2007
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Safety And Security
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 31 Jan 2024 | 61 | 11% | 33% | 56% | 9% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 60 | 12% | 35% | 53% | 11% |
| 01 Jun 2022 - 31 Dec 2022 | 31 Jan 2023 | 63 | 12% | 31% | 57% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 60 | 12% | 36% | 52% | 10% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 60 | 12% | 33% | 55% | 8% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 60 | 10% | 36% | 54% | 9% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 60 | 10% | 36% | 54% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 61 | 10% | 37% | 53% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 59 | 11% | 36% | 53% | 7% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 58 | 12% | 40% | 48% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 57 | 13% | 39% | 48% | 8% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 54 | 16% | 42% | 42% | 10% |
Company Summary
NORBAIN HOLDINGS LIMITED is a leading distributor of security and surveillance products, based in the UK
The company offers a wide range of solutions for various industries, including commercial, residential, and government sectors
In terms of sustainability, NORBAIN HOLDINGS LIMITED is committed to reducing its environmental impact and promoting a greener future
The company has implemented several initiatives to minimize its carbon footprint, such as using energy-efficient lighting in its offices and warehouses, recycling waste materials, and sourcing products from environmentally responsible suppliers
NORBAIN HOLDINGS LIMITED offers a diverse range of products, including CCTV cameras, access control systems, fire and intruder alarms, and door entry systems
The company also provides installation and maintenance services for its products, ensuring a comprehensive and reliable security solution for its customers
The key people at NORBAIN HOLDINGS LIMITED include Managing Director, Jeremy Hockham, and Sales Director, Steve Marshall
Both have extensive experience in the security industry and are dedicated to driving the company's growth and success
For customer convenience, NORBAIN HOLDINGS LIMITED has a user-friendly website (www.norbain.com) where customers can browse and purchase products, access technical support, and stay updated on the latest industry news
The company's registered office address is Unit 1, Norton Road, Tewkesbury Business Park, Tewkesbury, Gloucestershire, GL20 8UY
In conclusion, NORBAIN HOLDINGS LIMITED is a trusted and reputable distributor of security and surveillance products, with a strong commitment to sustainability
With a wide range of products and services, experienced leadership, and a user-friendly website, the company continues to be a leader in the industry
Company Review
Trend Analysis
The data for NORBAIN HOLDINGS LIMITED shows that from 2018 to 2023, there has been a gradual increase in the average time taken to pay invoices. This indicates that the company may be facing some financial difficulties or delays in processing payments.
Volatility Analysis
There is a consistent trend in the percentage of invoices paid within 30 days, with a slight decrease from 16% in 2018 to 11% in 2023. However, there is more volatility in the percentage of invoices paid between 31 and 60 days, with a high of 42% in 2018 and a low of 31% in 2022. The percentage of invoices paid later than 60 days has also shown volatility, with a high of 57% in 2022 and a low of 52% in 2022.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment Terms including any standard contractual length of time for payment of invoices and the maximum contractual payment period, any changes to standard terms, whether suppliers have been notified or consulted on these changes.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Debit notes are raised against invoices in dispute. These are authorised by the manager of the relevant trading location and sent to the supplier for their records. If a supplier disputes a debit note or has a payment query, they should contact the accounts payable team or the manager of the relevant trading location. Disputes should be resolved within 60 days of the supplier receiving the debit note.
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.
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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.
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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.
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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
