KODAK LIMITED
Company Information
- Company Number
- 00059535
- Registered Address
- Building 8 Croxley Green Business Park, Hatters Lane, Watford, Herts, WD18 8PX
- Status
- Active
- Employee Count
- 153.0
- Turnover
- 331356000.0
- EBITDA
- 6818000.0
Additional Details
- Website
- https://kodak.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 15 November 1898
- Nature of Business
- 58190 - Other publishing activities
- Industries
- 0
- Region
- East of England
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 | 51 | 18% | 37% | 45% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jan 2024 | 51 | 18% | 27% | 55% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 50 | 20% | 31% | 49% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Aug 2022 | 54 | 14% | 30% | 56% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 22 Aug 2022 | 48 | 23% | 30% | 47% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 04 Aug 2021 | 60 | 12% | 19% | 69% | 26% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jun 2021 | 66 | 17% | 33% | 50% | 31% |
| 01 Jan 2020 - 30 Jun 2020 | 09 Dec 2020 | 52 | 21% | 38% | 41% | 42% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Jul 2020 | 46 | 24% | 40% | 36% | 79% |
| 01 Jan 2019 - 30 Jun 2019 | 31 Jul 2019 | 65 | 34% | 28% | 38% | 29% |
Company Summary
KODAK LIMITED, a subsidiary of the Eastman Kodak Company, is a multinational technology and imaging company with a strong focus on sustainability
The company offers a wide range of products and services including traditional photographic film, digital cameras, printers, and printing supplies
One of the key initiatives of KODAK LIMITED is its sustainability program, which aims to minimize the company's environmental impact and promote sustainable practices in all aspects of its operations
This includes reducing carbon emissions, conserving energy and water, and promoting recycling and responsible waste management
The company's sustainability efforts have been recognized by various organizations, including being listed on the Dow Jones Sustainability World Index and being awarded the Responsible Business Award for "Best Environmental Initiative" by the UK Chamber of Commerce
KODAK LIMITED is led by Chairman and CEO, Jeff Clarke, who has been with the company since 2014
The company's registered office address is located in Hemel Hempstead, Hertfordshire, and their website is www.kodak.com
In addition to its sustainability efforts, KODAK LIMITED is also known for its innovative products and services
They continue to develop new technologies and products, such as the KODAK FLEXCEL NX System, which offers high-quality, environmentally-friendly printing solutions
Overall, KODAK LIMITED is committed to sustainability, innovation, and providing high-quality products and services to its customers
Company Review
Trend Analysis
The average time taken for KODAK LIMITED to pay invoices has fluctuated over the past three periods, with a slight increase in the most recent period (2023-07-01 to 2023-12-31). The percentage of invoices paid within 30 days has also decreased over the past three periods, while the percentage of invoices paid later than 60 days has consistently increased.
Volatility Analysis
The data for KODAK LIMITED shows a moderate level of volatility in terms of the average time taken to pay invoices, with fluctuations between 46 and 66 days. However, there is a higher level of volatility in the percentage of invoices paid within 30 days, with a range of 12% to 34% over the past three periods.
Summary Analysis
In the past three periods, KODAK LIMITED has seen a decrease in their average time taken to pay invoices, from 66 days in 2020-07-01 to 2020-12-31 to 51 days in 2023-07-01 to 2023-12-31. However, the percentage of invoices paid within 30 days has consistently decreased, with a notable decrease in the most recent period (2023-07-01 to 2023-12-31). On a positive note, there has been an increase in the percentage of invoices paid between 31 and 60 days in the past two periods, indicating a potential effort to pay invoices earlier. However, the percentage of invoices paid later than 60 days has consistently increased, with a significant increase in the most recent period. KODAK LIMITED has also consistently failed to pay invoices within their agreed terms, with a high percentage of 79% in 2019-07-01 to 2019-12-31. The shortest (or only) standard payment period for KODAK LIMITED is 60 days, which has remained consistent throughout the past three periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard terms are 60 days
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
90
Dispute Resolution Process
Kodak Ltd receives invoices electronically via the Basware Platform. Suppliers can check that their invoices have been received successfully. Invoice disputes are raised from the platform to give suppliers visibility of any invoice enquires from Kodak. For suppliers the primary contact for invoice queries is Accounts Payable, Accounts Payable can be contacted via email to an address that is provided to all suppliers on the Purchase Order. If Accounts Payable cannot provide a resolution to the dispute an internal escalation will be made to the manager of Purchase to Pay Operations and the Commodity Manager responsible for the supplier relationship.
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