WRIGHTBUS LIMITED

Company Information

Company Number
NI006119
Registered Address
C/O Deloitte (Ni) Limited Lincoln Building, 27-45 Great Victoria Street, Belfast, BT2 7AQ
Status
In Administration
Employee Count
1,156
Turnover
£181,329,000
EBITDA
£6,734,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 September 1964
Nature of Business
29201 - Manufacture of bodies (coachwork) for motor vehicles (except caravans)
Industries
Road Travel
Region
Northern Ireland

Time to Pay

Average Time to Pay
55 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
5%
31-60 Days
84%
After 60 Days
11%
Not Paid Within Terms70%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2018-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201830 Jul 2018555%84%11%70%

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

Standard payment terms are 30 days from the end of the month in which the invoice is dated.

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

90

Dispute Resolution Process

For any disputes or queries, suppliers can contact their assigned Buyer or a member of the Finance Team. The Team will investigate any delays or issues regarding payment in order to resolve any queries as soon as possible.

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

WRIGHTBUS LIMITED is a leading manufacturer of buses and coaches based in Ballymena, Northern Ireland. The company was founded in 1946 and has since grown to become a global leader in the transportation industry.

The company's sustainability program is a key focus, with a commitment to reducing its carbon footprint and promoting environmentally friendly practices. This includes the use of lightweight materials and fuel-efficient engines in their vehicles, as well as implementing green manufacturing processes.

WRIGHTBUS LIMITED offers a range of products and services, including single and double-decker buses, electric buses, and coaches for various transportation needs. Their vehicles are known for their innovative designs, high-quality standards, and advanced technology.

The company is led by Chairman and CEO, Jo Bamford, who is the grandson of the company's founder. Under his leadership, the company has expanded its global reach and continues to drive innovation in the industry.

For more information on WRIGHTBUS LIMITED and their products and services, you can visit their website at www.wrightsgroup.com. Their registered office address is located at Galgorm Industrial Estate, Fenaghy Road, Ballymena, Co. Antrim, BT42 1PY, Northern Ireland.

Financial Metrics

Cash
£8,529,255
Net Worth
£31,494,644
Total Current Assets
£71,304,476
Total Current Liabilities
£40,064,626

Company Location