JAMES JONES SONS LIMITED
Company Information
- Company Number
- SC005832
- Registered Address
- Broomage Avenue, Larbert, FK5 4NQ
- Status
- Active
- Employee Count
- 2132.0
- Turnover
- 603067000.0
- EBITDA
- 111191000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 March 1905
- Nature of Business
- 16100 - Sawmilling and planing of wood$16290 - Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- East of Scotland
Company Location
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 | 31 Jan 2024 | 41 | 35% | 51% | 14% | 12% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 39 | 37% | 51% | 12% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 02 Feb 2023 | 40 | 36% | 50% | 14% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 40 | 34% | 51% | 15% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Feb 2022 | 42 | 31% | 54% | 15% | 12% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Aug 2021 | 43 | 31% | 56% | 13% | 9% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Feb 2021 | 42 | 29% | 55% | 16% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 41 | 29% | 58% | 13% | 7% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 41 | 28% | 58% | 13% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 07 Aug 2019 | 41 | 27% | 61% | 12% | 40% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 42 | 26% | 59% | 15% | 43% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 44 | 22% | 63% | 15% | 37% |
Company Summary
James Jones & Sons Limited is a leading timber processing company that has been in operation for over 150 years
The company is based in Scotland and has a strong commitment to sustainability and responsible forest management
The company's sustainability program includes the use of certified sustainable timber, promoting biodiversity in its forests, and reducing its carbon footprint through energy efficiency measures
It also works closely with local communities to support economic development and social initiatives
James Jones & Sons offers a wide range of timber products and services, including sawn timber, engineered wood products, fencing, and pallets
These products are used in various industries such as construction, packaging, and DIY
The key people at James Jones & Sons include the Chairman, John Jones, and the Chief Executive, Andrew Jones
They lead a team of skilled professionals who are dedicated to providing high-quality products and services to their customers
For more information, including product catalogues and contact details, visit their website at www.jamesjones.co.uk
The registered office address is James Jones & Sons Limited, Broomage Avenue, Larbert, Stirlingshire, FK5 4NQ
Company Review
Trend Analysis
The average time for JAMES JONES & SONS LIMITED to pay invoices has remained relatively consistent over the past three periods, with a slight decrease in 2023. However, the percentage of invoices paid within 30 days has steadily increased, while the percentage paid later than 60 days has decreased.
Volatility Analysis
Overall, there is low volatility in JAMES JONES & SONS LIMITED's payment patterns. The average time to pay has only fluctuated by 5 days over the past three periods, and the percentage of invoices paid within 30 days has consistently increased. There is slightly more volatility in the percentage of invoices paid later than 60 days, with a decrease in 2023 after a slight increase in 2022.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
James Jones & Sons standard payment terms are for goods and services to be paid on the 12th of the second month following the date of invoice. This means the terms can vary between 40 and 74 days. There are several suppliers with shorter payment terms agreed on a written basis.
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
74
Dispute Resolution Process
James Jones & Sons endeavour to resolve all disputes in a fair and timely manner. They are resolved by discussions between the supplier, Accounts Payable team and the appropriate cost centre manager of the goods / services and when not possible, it is escalated to Director level.
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