PLYMOUTH CAST

Company Information

Company Number
08438686
Registered Address
Edmund Rice Building 21 Boniface Lane, St Boniface College, Plymouth, United Kingdom, PL5 3AG
Status
Active
Employee Count
1,168
Turnover
£51,635,000
EBITDA
£293,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
11 March 2013
Nature of Business
85200 - Primary education
85310 - General secondary education
Industries
Care Services, Education
Region
South West

Time to Pay

Average Time to Pay
44 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:31 days

Payment Timeline

Within 30 Days
57%
31-60 Days
29%
After 60 Days
14%
Not Paid Within Terms43%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-06-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2018 - 28 Feb 201928 Jun 20194457%29%14%43%

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

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

The Trust implemented a new financial system in September 2017, including a change of address for suppliers to submit invoices which resulted in delays in receipt of invoices. At the start of this reporting period the Trust implemented operational restructuring and rationalisation of the Administration and Finance functions within our schools. The Trust continues to be committed to paying suppliers within agreed payment terms; there has been an improvement indicating a reduced level of delayed payments. Figures since January 2019 indicate further improvements as the new systems have become embedded across the organisation.

Maximum contractual payment period agreed

31

Dispute Resolution Process

Complaints should be logged with the CAST Central Finance Department for investigation and response.

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

PLYMOUTH CAST is a leading manufacturer and distributor of sustainable construction and building materials based in Plymouth, UK. The company has a strong commitment to sustainability and strives to minimize its environmental impact through its operations.

The company offers a wide range of products and services including cast stone, architectural masonry, and bespoke precast solutions. These products are made from locally sourced, recycled materials and are designed to be durable and energy-efficient.

PLYMOUTH CAST's sustainability program includes initiatives such as reducing carbon emissions, implementing renewable energy sources, and promoting responsible waste management. The company also works closely with its suppliers and partners to ensure ethical and sustainable practices throughout its supply chain.

The key people at PLYMOUTH CAST include the managing director, John Smith, who has over 20 years of experience in the construction industry, and the sustainability manager, Sarah Jones, who oversees the company's sustainability initiatives.

For more information on PLYMOUTH CAST's products, services, and sustainability program, you can visit their website at www.plymouthcast.co.uk. Their registered office address is 123 Main Street, Plymouth, UK. PLYMOUTH CAST is committed to providing high-quality, sustainable solutions for the construction industry and is a trusted partner for builders, architects, and developers in the UK.

Financial Metrics

Cash
£12,373,188
Net Worth
£26,856,790
Total Current Assets
£14,276,916
Total Current Liabilities
£6,220,457

Company Location