JOHN CRANE UK LIMITED
Company Information
- Company Number
- 00192121
- Registered Address
- 361-366 Buckingham Avenue, Slough, Berkshire, SL1 4LU
- Status
- Active
- Employee Count
- 452
- Turnover
- £72,034,000
- EBITDA
- £7,343,000
Additional Details
- Website
- https://johncrane.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 25 August 1923
- Nature of Business
- 25620 - Machining
- Industries
- Manufacturing
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Aug 2022 - 31 Jan 2023 | 02 Apr 2023 | 47 | 25% | 61% | 16% | 50% |
| 01 Feb 2022 - 31 Jul 2022 | 24 Aug 2022 | 56 | 15% | 56% | 29% | 66% |
| 01 Aug 2021 - 31 Jan 2022 | 23 Feb 2022 | 45 | 21% | 57% | 22% | 56% |
| 01 Feb 2021 - 31 Jul 2021 | 11 Aug 2021 | 52 | 14% | 56% | 30% | 68% |
| 01 Aug 2020 - 31 Jan 2021 | 17 Feb 2021 | 47 | 16% | 69% | 15% | 69% |
| 01 Feb 2020 - 31 Jul 2020 | 28 Aug 2020 | 48 | 14% | 69% | 17% | 73% |
| 01 Aug 2019 - 31 Jan 2020 | 28 Feb 2020 | 47 | 15% | 69% | 16% | 73% |
| 01 Aug 2018 - 31 Jan 2019 | 01 Mar 2019 | 47 | 16% | 65% | 19% | 72% |
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
John Crane UK has varying terms ranging from 0 days (e.g. agency or Rates) to 90 days (Global suppliers) depending on the vendor relationship. The most common terms are net monthly - which equates to approximately 45 days. The vendor relationship including the payment terms are negotiated by the purchasing department.
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
No formal written process - Any invoices which are in dispute are managed between the vendor and credit control. Any disputes are resolved amicably, within the agreed terms with the parties concerned.
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 Crane UK Limited is a leading provider of engineered products and services for the global energy, process and industrial markets. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.
Their sustainability program includes reducing energy consumption, minimizing waste, and promoting responsible sourcing and ethical business practices. They also prioritize employee safety and well-being, as well as supporting local communities through various charitable initiatives.
The company offers a wide range of products and services, including mechanical seals, couplings, bearings, filtration systems, and technical services. These products are designed to improve efficiency, reliability, and performance for their customers.
The key people at John Crane UK Limited include Managing Director, Mark Fenton, and Finance Director, David Beattie. They have a team of experienced engineers and technical experts who work closely with customers to provide customized solutions.
For any inquiries or further information, customers can contact John Crane UK Limited through their website www.johncrane.com or visit their registered office at Unit 10, Egham Business Village, Crabtree Road, Egham, Surrey, TW20 8RB.
