BALCAS TIMBER LIMITED
Company Information
- Company Number
- NI026014
- Registered Address
- 75 Killadeas Road, Laragh, Ballinamallard, Enniskillen, County Fermanagh, BT94 2ES
- Status
- Active
- Employee Count
- 361
- Turnover
- £143,728,000
- EBITDA
- £25,468,000
Additional Details
- Website
- https://balcas.com
- Company Type
- Private limited Company
- Incorporated On
- 18 October 1991
- Nature of Business
- 16100 - Sawmilling and planing of wood
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Northern Ireland
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 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 45 | 29% | 42% | 29% | 29% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 41 | 38% | 38% | 23% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 42 | 36% | 37% | 27% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 43 | 36% | 34% | 30% | 30% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 44 | 35% | 34% | 31% | 31% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 45 | 33% | 35% | 32% | 32% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 46 | 31% | 33% | 36% | 36% |
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 in full for invoices to be made in the month following month of invoice (average 45 days). Balcas will at worst strive for payment in full for invoices to be made in the second month following month of invoice (average 75 days). The extension out to 75 days is largely driven by payment to suppliers outside of the United Kingdom, in an attempt to match terms to suppliers with the timing of receipts from customers in the same region.
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
If a query simply relates to an enquiry about payment this will be dealt with by the accounts department. If there is a dispute or complaint, the query is directed to the appropriate person.
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
BALCAS TIMBER LIMITED is a leading timber processing company in the UK, with a focus on sustainability and responsible forest management. The company was founded in 1962 and has since grown to become one of the largest sawmills in the country.
The company's main activities include the production of high-quality timber products, such as sawn timber, wood pellets, and fencing materials. These products are used in various industries, including construction, packaging, and renewable energy.
One of BALCAS TIMBER LIMITED's key priorities is sustainability. The company has a strict environmental policy and is committed to responsible forest management. They work closely with their suppliers to ensure that all timber is sourced from sustainably managed forests, and they have received various certifications, including FSC and PEFC.
The company also has a strong focus on innovation and continuous improvement. They have invested in state-of-the-art technology and processes to increase efficiency and reduce waste. This has allowed them to achieve a carbon-neutral status, making them a leader in sustainable timber production.
BALCAS TIMBER LIMITED is led by a team of experienced and dedicated professionals, including CEO Brian Murphy and Chairman Ian McCurdy. The company has its registered office in Enniskillen, Northern Ireland, and also has a network of distribution centers across the UK.
Their website, www.balcas.com, provides detailed information about their products and services, as well as their sustainability program. Customers can also contact them through their website or by calling their registered office for more information. With their commitment to sustainability and high-quality products, BALCAS TIMBER LIMITED continues to be a trusted name in the timber industry in the UK.
