LIBERTY PRESSING SOLUTIONS (COVENTRY) LIMITED
Company Information
- Company Number
- 10519118
- Registered Address
- 10 Lower Thames Street, London, EC3R 6AF
- Status
- Liquidation
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 December 2016
- Nature of Business
- 25500 - Forging, pressing, stamping and roll-forming of metal; powder metallurgy
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
LIBERTY PRESSING SOLUTIONS consistently demonstrates exceptionally prompt payment behavior, with an average payment time of just 5 days. A robust 97% of invoices are settled within 30 days, indicating a very strong and stable trend of timely financial operations. This trajectory suggests high reliability in meeting payment obligations well within standard terms.
Volatility Analysis
Payment volatility for LIBERTY PRESSING SOLUTIONS is remarkably low, with only 3% of invoices being paid late. The distribution of late payments (2% within 31-60 days, 1% over 60 days) suggests that while minor delays occasionally occur, they are infrequent and typically not severely protracted. This data points to high payment predictability and minimal financial risk regarding invoice settlement.
Summary Analysis
Overall, LIBERTY PRESSING SOLUTIONS presents as a highly reliable and low-risk partner for suppliers, characterized by exceptionally fast and consistent payment performance. Suppliers can factor in their strong payment history when making credit decisions, expecting payments well within standard terms. Given the minimal late payment record, extensive risk mitigation strategies are likely unnecessary beyond standard due diligence.
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 Oct 2020 - 31 Mar 2021 | 27 Apr 2021 | 5 | 97% | 2% | 1% | 3% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 5 | 97% | 2% | 1% | 3% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 9 | 94% | 4% | 2% | 4% |
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
Terms are always agreed with Suppliers before goods/services are delivered.
Were there any changes to the standard payment terms in the reporting period?
Terms are always agreed with Suppliers before goods/services are delivered. Some of our Suppliers have agreed to revise our terms. As an example, some Suppliers we have been paying on proforma have now agreed 30 day terms.
Any other information about payment terms
I cannot find an area to add further general comments - so I am using this area for 2 comments. No 1: I require further clarification regarding the Average Number of Days for Making payment. I think our calculation is correct but the guidance is ambiguous - I have sent an email for clarification but had no reply. No 2: A small number of our Suppliers use Finance Providers and we pay the Finance Providers - however - we do not know what agreements our Suppliers hold with their Finance Providers and therefore do not know if our Suppliers receive payments sooner than the payments we make to their Finance Providers. I have therefore answered No to this question as I do not know if this constitutes us offering Supply Chain Finance. Please advise on both comments.
Maximum contractual payment period agreed
60
Dispute Resolution Process
Our Purchasing department support our Finance department and liaise with our Suppliers to resolve disputes and complaints.
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
LIBERTY PRESSING SOLUTIONS (COVENTRY) LIMITED is a private limited company. Its name indicates its focus was on providing pressing solutions. The company is currently in liquidation.
The company was incorporated on 9 December 2016, under company number 10519118. Its registered office is located at 10 Lower Thames Street, London, EC3R 6AF.
Organisations offering "pressing solutions" in the UK typically specialise in industrial manufacturing processes involving pressure. This can include metal stamping, deep drawing, or forming components for sectors such as automotive, aerospace, and general engineering. They often provide bespoke parts and related services to their clients.
