WEST FRASER EUROPE LIMITED
Company Information
- Company Number
- 07886600
- Registered Address
- Hill Village, Nadder Lane, South Molton, Devon, EX36 4HP
- Status
- Active
- Employee Count
- 478
- Turnover
- £352,858,000
- EBITDA
- -£2,681,000
Additional Details
- Website
- https://norbord.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 19 December 2011
- Nature of Business
- 16210 - Manufacture of veneer sheets and wood-based panels
- Industries
- Property-related Goods And Services
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 31 Dec 2024 | 20 Jan 2025 | 50 | 28% | 55% | 17% | 14% |
| 01 Jan 2024 - 30 Jun 2024 | 01 Jul 2024 | 49 | 32% | 56% | 12% | 11% |
| 01 Jul 2023 - 31 Dec 2023 | 16 Jan 2024 | 45 | 31% | 56% | 13% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 10 Jan 2023 | 46 | 28% | 57% | 15% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 42 | 31% | 55% | 15% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 46 | 20% | 62% | 18% | 17% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 46 | 15% | 65% | 20% | 13% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 44 | 19% | 65% | 18% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 45 | 17% | 63% | 20% | 17% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 38 | 38% | 56% | 6% | 10% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 39 | 29% | 62% | 9% | 13% |
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 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 additional information
Maximum contractual payment period agreed
75
Dispute Resolution Process
If not resolved through administrative process, Purchasing Dept. representative meets with supplier
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
West Fraser Europe Limited is a leading supplier of sustainable wood products and services, with a commitment to responsible forestry management. They have a strong presence in the European market and are a subsidiary of West Fraser Timber Co. Ltd, a Canadian-based company.
The company's sustainability program focuses on promoting sustainable forest management practices, reducing their environmental impact, and ensuring the well-being of their employees and local communities. They have certifications from organizations such as the Forest Stewardship Council (FSC) and Programme for the Endorsement of Forest Certification (PEFC), demonstrating their commitment to sustainable practices.
West Fraser Europe Limited offers a wide range of wood products, including lumber, panels, and pulp, which are used in various industries such as construction, furniture, and packaging. Their wood products are known for their high quality and sustainability, making them a preferred choice for customers.
The key people at West Fraser Europe Limited include CEO and President, Ted Seraphim, and Chief Financial Officer, Chris Virostek. With a team of experienced professionals, the company is dedicated to meeting the needs of their customers and maintaining their sustainability goals.
The company's website, www.westfraser.com/europe, provides information on their products, sustainability initiatives, and career opportunities. Their registered office address is at 7th Floor, 90 High Holborn, London, WC1V 6XX, United Kingdom.
In summary, West Fraser Europe Limited is a leading supplier of sustainable wood products and services, with a strong commitment to responsible forestry management. Their high-quality products, dedication to sustainability, and experienced team make them a trusted and reliable choice for customers.
