JOHN R ADAM SONS LIMITED

PaymentCheck Score 2022
95Excellent
1.0vs last year
#435 in UK
#6 in Environment
#18 in Scotland

Company Information

Company Number
SC030140
Registered Address
9 Castle Drive, Falkirk, Scotland, FK2 7UX
Status
Active
Employee Count
54
Turnover
£83,749,000
EBITDA
£3,429,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 June 1954
Nature of Business
38320 - Recovery of sorted materials
Industries
Environment,Agriculture And Waste
Region
Scotland

Time to Pay

Average Time to Pay
9 days
Shortest Period:1 days
Longest Period:90 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
88%
31-60 Days
11%
After 60 Days
1%
Not Paid Within Terms0%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The average time to pay for JOHN R. ADAM & SONS LIMITED has decreased steadily over the past three periods, from 27 days in the first period to 9 days in the most recent period. The percentage of invoices paid within 30 days has also consistently increased, reaching 91% in the most recent period. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, from 8% in the second period to 11% in the most recent period.

Volatility Analysis

Overall, there has been a low level of volatility in the data for JOHN R. ADAM & SONS LIMITED. The average time to pay has only fluctuated by a maximum of 8 days, while the percentages for invoices paid within 30 days and between 31 and 60 days have remained relatively stable with only small changes between periods.

Summary Analysis

In the past three periods, JOHN R. ADAM & SONS LIMITED has consistently reduced their average time to pay, with the most recent period showing the lowest average of 9 days. The company has also improved their percentage of invoices paid within 30 days, reaching 91% in the most recent period. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days. This trend suggests that the company is making an effort to pay invoices earlier, but may still have some room for improvement in meeting their agreed payment terms.

Performance Reports History

Reporting Period Filed: 2022-09-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 30 Jun 202213 Sept 2022988%11%1%0%
01 Jul 2021 - 31 Dec 202112 Apr 20221291%8%1%0%
01 Jan 2021 - 30 Jun 202115 Jul 20211290%9%1%0%
01 Jul 2020 - 31 Dec 202022 Feb 20211283%16%1%0%
01 Jan 2020 - 30 Jun 202030 Jul 20201485%15%0%0%
01 Jul 2019 - 31 Dec 201927 Jan 20201390%10%0%0%
01 Jan 2019 - 30 Jun 201929 Jul 20192290%10%0%0%
01 Jul 2018 - 31 Dec 201828 Jun 20192182%17%1%0%
01 Jan 2018 - 30 Jun 201827 Jul 20182757%42%1%0%

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

net monthly account

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

120

Dispute Resolution Process

Contact person who ordered goods. If not resolved contact the Financial Director. If still no resolution contact Managing Director

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

John R. Adam & Sons Limited is a British company that was founded in 1880 and is currently led by the fifth generation of the Adam family. The company is primarily involved in the manufacturing and distribution of high-quality industrial and domestic products, including cleaning supplies, paints, and household goods.

Their sustainability program is a key aspect of their operations, with a focus on reducing their carbon footprint and promoting eco-friendly practices. They have implemented measures such as using renewable energy sources, reducing waste, and promoting recycling. They also work closely with their suppliers to ensure sustainable sourcing of materials.

One of their popular products is their line of eco-friendly cleaning supplies, which are made from natural and biodegradable ingredients. These products are not only effective, but also have a minimal impact on the environment. They also offer a range of sustainable paints that are free from harmful chemicals and have low VOC levels.

The key people in the company include the managing director, John Adam, who has been with the company for over 30 years and is committed to maintaining the company's legacy of quality and sustainability. The company also has a team of experienced professionals who oversee the production and distribution of their products.

The registered office address for John R. Adam & Sons Limited is located in West Yorkshire, UK. Their website, www.johnradam.co.uk, provides information on their products and services, as well as their sustainability initiatives. Customers can also contact the company through their website or by phone for any inquiries or orders.

In conclusion, John R. Adam & Sons Limited is a reputable British company with a strong commitment to sustainability. With a wide range of high-quality and eco-friendly products, they continue to serve their customers while also taking care of the environment.

Financial Metrics

Cash
£9,041,067
Net Worth
£18,858,901
Total Current Assets
£23,219,362
Total Current Liabilities
£7,071,643

Company Location