GARDRUM HOLDINGS LIMITED
Company Information
- Company Number
- NI062274
- Registered Address
- 72-74 Omagh Road, Dromore, Co Tyrone, BT78 3AJ
- Status
- Active
- Employee Count
- 357
- Turnover
- £165,460,000
- EBITDA
- £33,634,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 14 December 2006
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Agriculture, Commerce Models, Lifestyle And Entertainment, Manufacturing
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
GARDRUM HOLDINGS LIMITED exhibits a strong trend of timely payments, maintaining an average payment time of 30 days. A significant 85% of their invoices are settled within the standard 30-day period, indicating consistent adherence to payment terms. This consistent performance suggests a stable and predictable payment pattern for suppliers.
Volatility Analysis
While the majority of payments are prompt, a small degree of variability exists, with 10% of invoices paid between 31-60 days and 5% extending beyond 60 days. However, the true "late" payment rate is exceptionally low at 1%, indicating high overall reliability and predictability. Suppliers can anticipate a high degree of payment certainty, with only minimal instances of extended delays.
Summary Analysis
GARDRUM HOLDINGS LIMITED presents a low payment risk profile, making them a reliable partner for suppliers. Key decision factors include their consistent average 30-day payment and the very low incidence of truly late payments. Suppliers can confidently offer standard payment terms, with minimal need for specific risk mitigation strategies beyond routine credit monitoring.
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 2019 - 30 Jun 2019 | 16 Oct 2019 | 30 | 85% | 10% | 5% | 1% |
| 01 Jul 2018 - 31 Dec 2018 | 01 May 2019 | 19 | 83% | 12% | 5% | 1% |
| 01 Jan 2018 - 30 Jun 2018 | 01 May 2019 | 19 | 83% | 12% | 5% | 1% |
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
30 Days from date of invoice
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
30
Dispute Resolution Process
Once an invoice has been disputed/queried, management will contact the supplier in relation to the discrepancy investigate/resolved. Upon agreement invoice will be paid
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
Company Summary
GARDRUM HOLDINGS LIMITED is an active private limited company. Its name, including "Holdings", indicates that its primary business activity involves the ownership and management of assets, such as shares in other companies or properties, rather than direct operational trade.
The company was incorporated on 14 December 2006 and operates under company number NI062274. Its registered office is located in Northern Ireland at 72-74 Omagh Road, Dromore, Co Tyrone, BT78 3AJ.
In the UK market, holding companies typically provide services related to corporate structuring, investment management, and asset protection. They often act as a parent company for subsidiary businesses, consolidate financial reporting, or manage portfolios of intellectual property and real estate.
