ARNOLD LAVER & COMPANY LIMITED
Company Information
- Company Number
- 10608445
- Registered Address
- Bramall Lane, Sheffield, South Yorkshire, United Kingdom, S2 4RJ
- Status
- Active
- Employee Count
- 872
- Turnover
- £189,307,000
- EBITDA
- £9,540,000
Additional Details
- Website
- https://nytimber.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 8 February 2017
- Nature of Business
- 46130 - Agents involved in the sale of timber and building materials
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time for ARNOLD LAVER & COMPANY LIMITED to pay invoices has fluctuated over the past three periods, with a slight increase in 2020 followed by a decrease in 2021.
Volatility Analysis
There has been some volatility in the payment behavior of ARNOLD LAVER & COMPANY LIMITED over the past three periods, with significant changes in the percentage of invoices paid within 30 days and later than 60 days, as well as the average time to pay.
Summary Analysis
From 2018 to 2020, there was a decrease in the average time for ARNOLD LAVER & COMPANY LIMITED to pay invoices, with the lowest average of 51 days in 2018. However, in 2021, there was an increase to 62 days, indicating a slight delay in payment.
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 2021 - 30 Jun 2021 | 01 Dec 2021 | 62 | 15% | 50% | 35% | 74% |
| 01 Jul 2020 - 31 Dec 2020 | 01 Dec 2021 | 75 | 7% | 30% | 63% | 90% |
| 01 Jan 2020 - 30 Jun 2020 | 02 Sept 2020 | 66 | 17% | 33% | 50% | 41% |
| 01 Jul 2019 - 31 Dec 2019 | 18 May 2020 | 52 | 18% | 34% | 48% | 16% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 54 | 16% | 34% | 50% | 17% |
| 01 Jul 2018 - 31 Dec 2018 | 01 May 2019 | 51 | 17% | 34% | 49% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Jul 2018 | 72 | 16% | 34% | 50% | 9% |
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
Our standard payment terms are 60 days from end of month of delivery. Shorter payment terms are by individual agreement and incorporate rebates/prompt payment discounts.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The Accounts Team resolve any disputed invoices with the depot and the supplier. If the dispute cannot be resolved, this escalates to the Accounts Manager and the Financial Director.
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.
❌
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
Arnold Laver & Company Limited is a leading UK timber merchant with over 60 years of experience in the industry. They offer a wide range of timber and building products to both trade and retail customers.
The company is committed to sustainability and has a comprehensive sustainability program in place. This includes sourcing timber from responsibly managed forests, reducing waste through efficient production processes, and promoting the use of sustainable materials in their products.
Some of the sustainable products offered by Arnold Laver & Company Limited include timber from FSC and PEFC certified sources, as well as recycled and upcycled materials. They also offer a range of environmentally friendly building materials such as low VOC paints and energy-efficient insulation.
The company is led by a team of experienced and dedicated individuals, including Chairman, David Laver, and Managing Director, Andrew Laver. They are supported by a knowledgeable and skilled workforce, ensuring high-quality products and services.
Customers can contact Arnold Laver & Company Limited through their website, which also provides information on their products, services, and sustainability efforts. The company's registered office address is: Arnold Laver & Company Limited, Bramall Lane, Sheffield, S2 4RB, UK.
Overall, Arnold Laver & Company Limited is a reputable and sustainable timber merchant that offers a wide range of high-quality products and services. Their commitment to sustainability and responsible practices sets them apart in the industry.
