HOTPOINT UK APPLIANCES LIMITED

PaymentCheck Score 2024
37Poor
#5053 in UK
#465 in Property
#361 in East of England

Company Information

Company Number
00106725
Registered Address
Morley Way, Peterborough, PE2 9JB
Status
Active
Employee Count
2,204
Turnover
£580,581,000
EBITDA
£20,504,000

Additional Details

Company Type
Private limited Company
Incorporated On
30 December 1909
Nature of Business
27510 - Manufacture of electric domestic appliances
Industries
Property,Infrastructure And Construction
Region
East of England

Time to Pay

Average Time to Pay
62 days
Shortest Period:95 days
Longest Period:170 days
Max Contractual:170 days

Payment Timeline

Within 30 Days
21%
31-60 Days
44%
After 60 Days
35%
Not Paid Within Terms48%

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)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202429 Jan 20256221%44%35%48%
01 Jan 2022 - 30 Jun 202202 Aug 20227516%30%53%75%
01 Jul 2021 - 31 Dec 202123 Jan 20226619%39%42%60%
01 Jan 2021 - 30 Jun 202123 Jul 20216620%38%42%61%
01 Jul 2020 - 31 Dec 202029 Jan 20216128%36%36%82%
01 Jan 2019 - 30 Jun 201923 Jul 20196329%31%40%69%
01 Jul 2018 - 31 Dec 201828 Jan 20198526%31%43%70%
01 Jan 2018 - 30 Jun 201820 Jul 20187516%35%49%74%

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

Beko Group (Beko) commits to the payment of all undisputed sums due to third party suppliers within contractual terms. Beko's standard payment terms are 95 days from the end of the month following a valid invoice. Intercompany invoices are not paid according to payment terms but in accordance with an internal payment calendar.

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

170

Dispute Resolution Process

Beko has set up a centralized team that takes care of all supplier invoice/credit note and payments queries. Beko are committed to working closely with our suppliers to resolve any disputes in a timely basis. Should a dispute arise a supplier can send questions to a dedicated email address (apqueries_uk@europeanappliances.com). Each query is assigned a unique ticket number for tracking and we endeavour to respond to any query within 48 hours. If required Beko will also involve the original buyer/requestor to facilitate the resolution of the dispute.

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

WHIRLPOOL UK APPLIANCES LIMITED is a leading manufacturer and distributor of home appliances in the UK. The company is dedicated to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes reducing energy and water usage in their manufacturing processes, implementing recycling programs, and promoting sustainable sourcing of materials. They also offer energy-efficient products, such as washing machines and dishwashers, to help consumers reduce their own carbon footprint.

WHIRLPOOL UK APPLIANCES LIMITED's product portfolio includes a wide range of household appliances, including refrigerators, ovens, microwaves, and more. Their products are known for their quality, innovation, and user-friendly features.

The company is led by Managing Director, Maurizio Pettorino, who has over 30 years of experience in the home appliance industry. The team also includes other key personnel such as the Director of Sustainability and the Director of Operations.

Customers can find more information about the company and its products on their website, which also includes a contact form for inquiries. The registered office address for WHIRLPOOL UK APPLIANCES LIMITED is Peterborough, United Kingdom.

In summary, WHIRLPOOL UK APPLIANCES LIMITED is a reputable company that is committed to sustainability, offers a wide range of high-quality home appliances, and is led by experienced professionals. Their dedication to sustainability and quality products make them a top choice for consumers in the UK.

Financial Metrics

Cash
£955,000
Net Worth
£184,655,000
Total Current Assets
£198,546,000
Total Current Liabilities
£143,826,000

Company Location