ALEXANDER INGLIS AND SON LIMITED

PaymentCheck Score 2020
65Fair
New Entry
#2765 in UK
#65 in Environment
#142 in Scotland

Company Information

Company Number
SC027806
Registered Address
C/O Frp Advisory Trading Limited Apex 3, 95 Haymarket Terrace, Edinburgh, EH12 5HD
Status
Liquidation
Employee Count
45
Turnover
£99,213,000
EBITDA
£2,796,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 July 1950
Nature of Business
46110 - Agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods
Industries
Environment,Agriculture And Waste,Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
Region
Scotland

Time to Pay

Average Time to Pay
42 days
Shortest Period:7 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
47%
31-60 Days
50%
After 60 Days
3%
Not Paid Within Terms12%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-08-03
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202003 Aug 20204247%50%3%12%
01 Jul 2019 - 31 Dec 201903 Feb 20204053%45%2%15%
01 Jul 2018 - 31 Dec 201805 Feb 20193553%43%4%18%

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

The Company pays on agreed payment terms ranging from 7 to 120 days

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

120

Dispute Resolution Process

Complaints that arise will be considered by the accounts payable team in conjunction with the area representative. Contact will be made with the supplier at the earliest to resolve the problem.

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

Alexander Inglis and Son Limited is a British company that specializes in the manufacturing and distribution of high-quality furniture, specifically mattresses and beds. The company was founded in 1867 and is currently headquartered in Glasgow, Scotland.

Sustainability plays a key role in the operations of Alexander Inglis and Son Limited. The company has implemented various initiatives to reduce its environmental impact, such as using sustainable materials in their products and reducing waste through recycling. They also strive to minimize their carbon footprint by sourcing materials locally and using energy-efficient production methods.

Their products are known for their durability and comfort, with a focus on providing customers with a good night's sleep. The company offers a wide range of mattresses and beds, catering to different preferences and needs. They also have a bespoke service, allowing customers to customize their mattresses and beds according to their specific requirements.

The key people behind the success of Alexander Inglis and Son Limited include the managing director, Brenda Mitchell, and the operations director, James Inglis. They are committed to upholding the company's values of quality, sustainability, and customer satisfaction.

For any inquiries or purchases, customers can contact Alexander Inglis and Son Limited through their website, where they can also browse and purchase their products. The company's registered office address is at 50 Commerce Street, Glasgow, G5 8DW, Scotland.

In conclusion, Alexander Inglis and Son Limited is a reputable British company that prioritizes sustainability in their operations while producing high-quality mattresses and beds. With a dedicated team and a strong commitment to their customers, the company continues to thrive in the furniture industry.

Financial Metrics

Cash
£474,332
Net Worth
£30,690,369
Total Current Assets
£56,239,764
Total Current Liabilities
£41,004,401

Company Location