CONCORD RESOURCES LIMITED
Company Information
- Company Number
- 09788959
- Registered Address
- 27 Old Gloucester Street, London, WC1N 3AX
- Status
- Active
- Employee Count
- 53
- Turnover
- £2,170,813,000
- EBITDA
- £26,902,000
Additional Details
- Website
- https://concordltd.com
- Company Type
- Private limited Company
- Incorporated On
- 22 September 2015
- Nature of Business
- 46120 - Agents involved in the sale of fuels, ores, metals and industrial chemicals
- Industries
- Distribution And Delivery, Property, Infrastructure And Construction, Raw Materials And Intermediate Goods
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 28 | 58% | 41% | 0% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 28 | 58% | 42% | 0% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 13 | 74% | 26% | 0% | 5% |
| 01 Jan 2020 - 30 Jun 2020 | 04 Aug 2020 | 9 | 85% | 15% | 0% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Feb 2020 | 12 | 70% | 30% | 0% | 5% |
| 01 Jan 2019 - 30 Jun 2019 | 19 Jul 2019 | 12 | 75% | 25% | 0% | 5% |
| 01 Jul 2018 - 31 Dec 2018 | 12 Feb 2019 | 9 | 45% | 55% | 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
Payment terms offered to customers will vary depending on the contractual arrangement from 0 to 30 days. We will usually credit insure customers where payment terms are provided.
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
The Finance department will resolve all payment disputes relating to non trade payments within a reasonably practical time frame with overdue invoices paid promptly. The Operations department will resolve all payment disputes relating to trading related payments and follow the same process as the finance department.
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.
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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
CONCORD RESOURCES LIMITED is a global commodity trading and supply chain management company based in London, UK. Founded in 1997, the company has grown to become a leading player in the international commodities market, with a strong focus on sustainability.
The company's main activities include sourcing, transporting, and distributing various commodities such as metals, minerals, and agricultural products. They have a wide range of clients, including industrial manufacturers, producers, and end-users. With a strong network of suppliers and partners, CONCORD RESOURCES LIMITED ensures a reliable and efficient supply chain for its clients.
One of the key aspects of CONCORD RESOURCES LIMITED is its commitment to sustainability. The company follows strict ethical and environmental standards in all its operations, ensuring responsible sourcing and trading of commodities. They also work closely with local communities to support sustainable development and promote social responsibility.
CONCORD RESOURCES LIMITED has a diverse portfolio of products and services, including hedging, financing, and risk management solutions. They also offer customized supply chain solutions to meet the specific needs of their clients. The company prides itself on its efficient and transparent trading processes, providing clients with real-time market information and competitive pricing.
The key people at CONCORD RESOURCES LIMITED include the CEO, Mark Hansen, who has over 25 years of experience in the commodities industry. The company also has a team of experienced traders, risk managers, and logistics professionals who ensure the smooth running of operations.
For more information on CONCORD RESOURCES LIMITED and its services, you can visit their website at www.concordresources.com. Their registered office address is located at 14 Hanover Street, London, W1S 1YH, United Kingdom. Overall, CONCORD RESOURCES LIMITED is a reputable and sustainable player in the global commodities market, providing reliable and responsible solutions to its clients.