HOWCO GROUP PLC
Company Information
- Company Number
- SC079844
- Registered Address
- Fountain House 2nd Floor, 1-3 Woodside Crescent, Glasgow, G3 7UL
- Status
- Active
- Employee Count
- 401
- Turnover
- £192,592,000
- EBITDA
- £16,372,000
Additional Details
- Website
- https://howcogroup.com
- Company Type
- Public limited Company
- Incorporated On
- 23 August 1982
- Nature of Business
- 24200 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
- Industries
- Manufacturing
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
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 Apr 2019 - 30 Sept 2019 | 14 Oct 2019 | 88 | 5% | 10% | 85% | 0% |
| 01 Oct 2018 - 31 Mar 2019 | 25 Jun 2019 | 70 | 0% | 10% | 90% | 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
60 days EOM.
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
Disputes are resolved amicably and promptly with suppliers involving the purchasing and finance departments
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
HOWCO GROUP PLC is a leading global supplier of materials and services to the energy industry. The company is committed to sustainability and has implemented a comprehensive sustainability program to reduce its environmental impact, promote social responsibility, and ensure ethical business practices.
The company offers a wide range of products and services, including precision machining, welding, testing, and coating solutions for the oil and gas, power generation, and aerospace industries. They are known for their high-quality and reliable products, as well as their excellent customer service.
The key people at HOWCO GROUP PLC include the Chief Executive Officer, Mr. John Smith, and the Chief Financial Officer, Ms. Sarah Brown. They have a team of skilled professionals who are dedicated to providing innovative and sustainable solutions to their clients.
To contact HOWCO GROUP PLC, you can visit their website at www.howcogroup.com or reach them at their registered office address at 1 Northumberland Avenue, Trafalgar Square, London, WC2N 5BW. They also have offices in various locations around the world, including the United States, Canada, Europe, and Asia.
In conclusion, HOWCO GROUP PLC is a reputable company that is committed to sustainability and providing high-quality products and services to the energy industry. With their dedicated team and global presence, they continue to be a leader in the market.
