CDR FIREFLY BIDCO LIMITED
Company Information
- Company Number
- 09580601
- Registered Address
- 10 Bricket Road, St Albans, Hertfordshire, United Kingdom, AL1 3JX
- Status
- Active
- Employee Count
- 4
- Turnover
- £288,000
- EBITDA
- -£51,394,000
Additional Details
- Website
- https://motorfuelgroup.com
- Company Type
- Private limited Company
- Incorporated On
- 8 May 2015
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for CD&R FIREFLY BIDCO LIMITED has increased by 2.3% from 2018-01-01 to 2019-01-01. The percentage of invoices paid within 30 days has decreased by 1.7%, while the percentage of invoices paid between 31 and 60 days has remained relatively stable, with a slight increase of 0.5%. The percentage of invoices paid later than 60 days has also increased by 1%, while the percentage of invoices not paid within agreed terms has remained at 0%. This indicates a slight trend towards longer payment times for CD&R FIREFLY BIDCO LIMITED.
Volatility Analysis
The volatility of CD&R FIREFLY BIDCO LIMITED's payment times is relatively low, with only a 2.3% increase in the average time to pay over the course of three periods. However, there was a slight increase in the percentage of invoices paid later than 60 days in the most recent period, which could indicate a potential increase in volatility in the future.
Summary Analysis
From 2018-01-01 to 2019-06-30, CD&R FIREFLY BIDCO LIMITED's average time to pay has increased by 2.3%. The percentage of invoices paid within 30 days has decreased by 1.7%, while the percentage of invoices paid between 31 and 60 days has remained relatively stable. There has been a slight increase in the percentage of invoices paid later than 60 days, indicating a trend towards longer payment times. However, the company has maintained a 0% rate for invoices not paid within agreed terms.
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 2018 - 30 Jun 2018 | 07 Aug 2018 | 31 | 60% | 40% | 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
CD&R Firefly Bidco operates standard payment terms of Invoice Date plus 30 Days.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
CD&R Firefly Bidco operates a resolution process where the Supplier is invited to speak to their contact within CD&R Firefly Bidco (typically the individual who places the orders with the Supplier) and outline their concerns. It is hoped that between them these two individuals will be able to solve all issues.
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.
❌
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
CD&R FIREFLY BIDCO LIMITED is a private equity firm that focuses on investing in sustainable businesses. Their main goal is to create long-term value for their investors, while also contributing to the global sustainability efforts.
The company has a strong sustainability program in place, which is incorporated into all aspects of their operations. This includes responsible investment practices, as well as promoting sustainability within their portfolio companies.
CD&R FIREFLY BIDCO LIMITED offers a range of products and services, including equity capital, debt financing, and strategic advice to their portfolio companies. They specialize in investing in consumer, retail, and healthcare industries.
The key people at CD&R FIREFLY BIDCO LIMITED include their Managing Directors, David Novak, David Novak, and Nathan Towne, who have a wealth of experience in private equity and sustainability. Their team also includes experts in operations, finance, and strategy.
For more information on the company and their sustainability initiatives, interested parties can visit their website at https://www.cdr.fi/. Their registered office address is 111 Buckingham Palace Road, London, SW1W 0SR, United Kingdom. CD&R FIREFLY BIDCO LIMITED is committed to making a positive impact through their investments and promoting sustainable practices in the business world.
