HTC WOLFFKRAN LIMITED

Company Information

Company Number
09472954
Registered Address
Htc Wolffkran Limited Grange Mill Lane, Kimberworth, Sheffield, S9 1HW
Status
Active
Employee Count
248
Turnover
£46,369,000
EBITDA
£3,432,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 March 2015
Nature of Business
43999 - Other specialised construction activities not elsewhere classified
Industries
Manufacturing, Property, Infrastructure And Construction, Supply Chain, Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
63 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
14%
31-60 Days
35%
After 60 Days
51%
Not Paid Within Terms72%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-10-11
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201911 Oct 20196314%35%51%72%
01 Jul 2018 - 31 Dec 201828 Jan 20194643%27%31%46%

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 payment terms are 45 days end of month.

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

60

Dispute Resolution Process

The employee who ordered the goods or services would attempt to resolve a dispute in the first instance, which would then be escalated to the departmental / line manager if a resolution could not be reached. Finally, escalation to the company directors would occur if resolution could still not be reached.

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

HTC WOLFFKRAN LIMITED is a leading provider of tower cranes and lifting solutions based in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes the use of energy-efficient equipment, recycling of materials, and promoting sustainable practices to their employees and customers. They also offer training and support for the safe and responsible use of their products.

The company's main product is tower cranes, which are used in construction projects to lift and move heavy materials. They also offer a range of complementary services, such as crane maintenance and installation, to ensure the safe and efficient operation of their equipment.

The key people at HTC WOLFFKRAN LIMITED include the managing director, Mark Andrews, and the sales director, James Lawrence. They have a team of experienced engineers and technicians who are dedicated to providing high-quality products and services.

The company's website address is www.htcwolffkran.co.uk, where customers can find information about their products, services, and sustainability initiatives. Their registered office address is Unit 17, Belvedere Industrial Estate, Fishponds Road, Wokingham, Berkshire, RG41 2QG, United Kingdom.

In summary, HTC WOLFFKRAN LIMITED is a reputable company in the UK that offers sustainable lifting solutions through their high-quality tower cranes and complementary services. Their commitment to sustainability, experienced team, and user-friendly website make them a top choice for construction companies in need of lifting equipment.

Financial Metrics

Cash
£1,343,000
Net Worth
£15,035,000
Total Current Assets
£13,154,000
Total Current Liabilities
£6,513,000

Company Location