OPTIMAS OE SOLUTIONS LTD
Company Information
- Company Number
- 09432123
- Registered Address
- OPTIMAS OE SOLUTIONS LTD, Waterwells Drive Quedgeley, Gloucester, GL2 2FR
- Status
- Active
- Employee Count
- 323
- Turnover
- £87,926,000
- EBITDA
- £1,752,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 February 2015
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Coming Soon
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
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 Jan 2025 - 30 Jun 2025 | 01 Aug 2025 | 62 | 8% | 37% | 55% | 77% |
| 04 Jan 2020 - 03 Jul 2020 | 03 Sept 2020 | 38 | 43% | 30% | 27% | 55% |
| 29 Jun 2019 - 03 Jan 2020 | 11 Feb 2020 | 40 | 48% | 34% | 18% | 40% |
| 01 Jul 2018 - 28 Dec 2018 | 29 Jan 2019 | 46 | 52% | 29% | 19% | 29% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 47 | 45% | 31% | 24% | 69% |
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
Optimas enters into a variety of agreements with Suppliers however our Standard payment terms are 90 Days from Invoice Date
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Payments are processed weekly capturing all invoices due for payment at the end of the previous week
Maximum contractual payment period agreed
135
Dispute Resolution Process
Payment issue resolutions are managed by our Accounts Payable Team, with escalation routes through Senior Management.
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
Company Summary
OPTIMAS OE SOLUTIONS LTD is a leading global supplier of industrial fasteners and components, providing integrated supply chain solutions to a wide range of industries
The company is committed to sustainability and has implemented a number of initiatives to minimize its environmental impact.\n\nTheir sustainability program includes using energy-efficient technologies, reducing waste and promoting recycling, and sourcing materials from sustainable suppliers
OPTIMAS OE SOLUTIONS LTD also supports local communities through various charitable and volunteering activities.\n\nOne of their key products is their extensive range of fasteners, including nuts, bolts, screws, and washers, all of which are manufactured to the highest quality standards
The company also offers a range of value-added services such as kitting, assembly, and custom packaging to meet the specific needs of their customers.\n\nThe company is led by a team of experienced professionals, including CEO Anand Shankar and COO Michael T
Jones
Their dedicated team is committed to providing excellent customer service and delivering high-quality products.\n\nFor more information on OPTIMAS OE SOLUTIONS LTD and their products and services, you can visit their website at www.optimas.com
Their registered office address is located at 1a Ambley Green, Gillingham Business Park, Gillingham, Kent, ME8 0NJ, United Kingdom
