CRONER GROUP LIMITED

PaymentCheck Score 2025
100Excellent
vs last year
#89 in UK
#4 in East Midlands

Company Information

Company Number
08654528
Registered Address
Croner House, Wheatfield Way, Hinckley, Leicestershire, England, LE10 1YG
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
16 August 2013
Nature of Business
70229 - Management consultancy activities other than financial management
Industries
Coming Soon
Region
East Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
99%
31-60 Days
1%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

CRONER GROUP LIMITED demonstrates an exceptionally strong payment trend, with an average payment time of just 9 days. A remarkable 99% of invoices are settled within 30 days, signifying consistent and rapid payment processing. This data indicates a highly positive and stable trajectory in their payment performance over time.

Volatility Analysis

Payment reliability is exceptionally high, with only 1% of invoices falling into the 31-60 day bracket and 0% exceeding 60 days or classified as late. This indicates virtually no volatility in payment patterns and an extremely predictable payment cycle for suppliers. Based on this data, risk factors concerning delayed payments are negligible.

Summary Analysis

Suppliers can consider CRONER GROUP LIMITED an extremely low-risk partner with outstanding payment performance. Key decision factors include the assurance of rapid cash flow and high payment predictability. No specific risk mitigation strategies appear necessary, given the company's exemplary payment record.

Performance Reports History

Reporting Period Filed: 2025-04-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202527 Oct 20251299%1%0%0%
01 Oct 2024 - 31 Mar 202528 Apr 2025999%1%0%0%

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

Typically most suppliers are on 30 day payment Terms and we strive to pay within these terms. Some suppliers have 7 day terms.

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

30

Dispute Resolution Process

All disputes with suppliers are considered by the department who purchased the goods or services. Disputes are usually raised within a week of receipt of the invoice and are resolved in a reasonable timeframe

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

CRONER GROUP LIMITED operates as an active private limited company. This legal structure enables the organisation to conduct commercial activities with limited liability.

The company was incorporated on 16 August 2013 and is registered under company number 08654528. Its registered office is located at Croner House, Wheatfield Way, Hinckley, Leicestershire, England, LE10 1YG, placing its primary operations within the East Midlands region.

As a private limited company, CRONER GROUP LIMITED is established to engage in commercial activities. Such entities are legally permitted to offer a diverse range of products or services across various industries within the UK market, operating with limited liability for its shareholders.

Financial Metrics

Cash
£1,600,000
Net Worth
£13,800,000
Total Current Assets
£17,300,000
Total Current Liabilities
£7,900,000

Company Location