NORTHSTONE NI LIMITED
Company Information
- Company Number
- NI004078
- Registered Address
- 99 Kingsway, Dunmurry, Belfast, BT17 9NU
- Status
- Active
- Employee Count
- 1508.0
- Turnover
- 539971000.0
- EBITDA
- 14267000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 19 May 1958
- Nature of Business
- 08990 - Other mining and quarrying not elsewhere classified$22290 - Manufacture of other plastic products$23630 - Manufacture of ready-mixed concrete$42990 - Construction of other civil engineering projects not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Northern Ireland
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 2023 - 31 Dec 2023 | 01 Feb 2024 | 40 | 37% | 50% | 12% | 52% |
| 01 Jan 2023 - 30 Jun 2023 | 30 Aug 2023 | 51 | 31% | 47% | 22% | 53% |
| 01 Jul 2022 - 31 Dec 2022 | 06 Feb 2023 | 46 | 31% | 45% | 24% | 68% |
| 01 Jan 2022 - 30 Jun 2022 | 05 Sept 2022 | 48 | 36% | 42% | 22% | 71% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Feb 2022 | 47 | 36% | 41% | 23% | 70% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Feb 2022 | 54 | 38% | 37% | 25% | 65% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 49 | 43% | 36% | 21% | 71% |
| 01 Jan 2020 - 30 Jun 2020 | 11 Feb 2021 | 41 | 46% | 34% | 20% | 73% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 47 | 43% | 38% | 18% | 66% |
| 01 Jan 2019 - 30 Jun 2019 | 02 Oct 2019 | 44 | 43% | 37% | 20% | 65% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 40 | 43% | 40% | 17% | 68% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 45 | 44% | 42% | 14% | 53% |
Company Summary
NORTHSTONE (NI) LIMITED is a Northern Ireland-based company that specializes in the production and supply of construction materials
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact
Their sustainability program includes measures such as the use of renewable energy sources, waste reduction and recycling, and the promotion of sustainable practices among their suppliers and customers
They also have a dedicated sustainability team that continuously works towards improving their environmental performance
NORTHSTONE offers a wide range of products and services, including aggregates, asphalt, concrete, and precast concrete products
They cater to various industries such as construction, infrastructure, and landscaping
The company prides itself on providing high-quality and sustainable products to their customers
The key people at NORTHSTONE (NI) LIMITED include the managing director, who oversees the overall operations of the company, and the sustainability manager, who leads the sustainability team
They also have a team of experienced professionals who ensure the smooth functioning of the business
Their registered office address is at 70 Airport Road West, Belfast, BT3 9ED, Northern Ireland
Their website address is www.northstone-ni.com, where customers can find more information about their products and services
Overall, NORTHSTONE (NI) LIMITED is a leading company in Northern Ireland that is committed to sustainability and providing high-quality construction materials to their customers
Company Review
Trend Analysis
NORTHSTONE (NI) LIMITED has shown a fluctuating trend in the average time taken to pay invoices to suppliers over the past three periods. The average time to pay has increased from 45 days in the first period (Jan 2018-Jun 2018) to 54 days in the most recent period (Jan 2021-Jun 2021). However, there was a slight decrease in the last period (Jul 2021-Dec 2021) where the average time to pay was 47 days.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively low, ranging from 38% to 46% over the past three periods. However, there has been a significant increase in the percentage of invoices paid later than 60 days, from 14% in the first period to 25% in the most recent period.
Summary Analysis
The average time to pay for NORTHSTONE (NI) LIMITED has increased from 45 days in the first period to 54 days in the most recent period, with a slight decrease in the last period. There has been a consistent increase in the percentage of invoices paid later than 60 days and not paid within agreed terms, indicating a trend of delayed payments.
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 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
90
Dispute Resolution Process
Invoice requests for payment that do not match to the purchase order or goods received information are sent to the requisitioner who is responsible for taking the action required to resolve the query. Disputed invoices are monitored on a monthly basis.
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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available