HOWARD TENENS LIMITED
Company Information
- Company Number
- 06690158
- Registered Address
- Tenens House Kingfisher Business Park, London Rd , Thrupp, Stroud, Gloucestershire, GL5 2BY
- Status
- Active
- Employee Count
- 793
- Turnover
- £128,757,000
- EBITDA
- £32,247,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 September 2008
- Nature of Business
- 52103 - Operation of warehousing and storage facilities for land transport activities68209 - Other letting and operating of own or leased real estate
- Industries
- Travel And Transportation
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average payment time for HOWARD TENENS LIMITED is 39 days, indicating that payments typically fall outside the standard 30-day window. While nearly half (49%) are paid within 30 days, a significant portion (43%) consistently extends into the 31-60 day range. This suggests a trend where prompt payments are not consistently achieved, with a noticeable drift towards slightly longer payment cycles for a substantial percentage of invoices.
Volatility Analysis
With 67% of payments being late and 8% extending beyond 60 days, HOWARD TENENS LIMITED presents a notable level of payment unpredictability for suppliers. This high late payment rate suggests inconsistent adherence to payment terms, increasing working capital strain and requiring suppliers to factor in potential delays. The significant percentage of payments exceeding 30 days (51%, combining 31-60 and over 60) further highlights an unreliable payment pattern.
Summary Analysis
Suppliers should approach engagements with HOWARD TENENS LIMITED expecting an average payment cycle of around 39 days, with a high likelihood of payments extending beyond 30 days. Key decision factors include the impact of a 67% late payment rate on cash flow and the need for robust follow-up procedures. To mitigate risk, consider implementing stricter payment terms, requesting upfront deposits for new contracts, or adjusting pricing to account for extended payment periods.
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 Apr 2019 - 30 Sept 2019 | 16 Dec 2019 | 39 | 49% | 43% | 8% | 67% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 47 | 35% | 47% | 18% | 77% |
| 01 Apr 2018 - 30 Sept 2018 | 22 Feb 2019 | 49 | 36% | 46% | 19% | 60% |
| 01 Oct 2017 - 31 Mar 2018 | 05 Jun 2018 | 45 | 5% | 93% | 2% | 75% |
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 terms are 30 days net monthly
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No
Maximum contractual payment period agreed
30
Dispute Resolution Process
The operational department inform finance to hold a payment pending resolution of a dispute. Where a chase for payment is made, finance will inform the supplier of the operational contact details to progress their dispute. Payment will only be made once the operational contact confirms.
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?
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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
HOWARD TENENS LIMITED operates as an active Private Limited Company in the UK. Based solely on the provided company data, its specific commercial services or products are not detailed.
The company was incorporated on 5 September 2008 and is identified by company number 06690158. Its registered office is located at Tenens House Kingfisher Business Park, London Rd, Thrupp, Stroud, Gloucestershire, GL5 2BY, placing its operations within the South West region of the UK.
As a Private Limited Company operating in the UK market, this entity is characterised by a separate legal personality distinct from its owners. This structure typically provides limited liability for its shareholders, meaning their personal assets are generally protected from business debts and obligations. Such companies are required to have at least one director and shareholder, and to file annual accounts with Companies House.
