HENKEL LIMITED

PaymentCheck Score 2024
53Fair
1.0vs last year
#4112 in UK
#33 in Healthcare And Wellbeing
#279 in East of England

Company Information

Company Number
00215496
Registered Address
Henkel Limited, Wood Lane End, Hemel Hempstead, Hertfordshire, HP2 4RQ
Status
Active
Employee Count
440
Turnover
£331,477,000
EBITDA
£30,076,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 August 1926
Nature of Business
70100 - Activities of head offices
Industries
Healthcare And Wellbeing
Region
East of England

Time to Pay

Average Time to Pay
50 days
Shortest Period:60 days
Longest Period:90 days
Max Contractual:150 days

Payment Timeline

Within 30 Days
35%
31-60 Days
23%
After 60 Days
42%
Not Paid Within Terms13%

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: 2024-07-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202426 Jul 20245035%23%42%13%
01 Jul 2023 - 31 Dec 202317 May 20244934%28%38%10%
01 Jan 2023 - 30 Jun 202317 May 20245036%26%38%12%
01 Jul 2021 - 31 Dec 202101 Feb 20225537%18%45%8%
01 Jan 2021 - 30 Jun 202102 Aug 20215635%17%47%8%
01 Jul 2020 - 31 Dec 202012 Feb 20214846%16%38%9%
01 Jan 2020 - 30 Jun 202019 Aug 20205043%17%40%12%
01 Jul 2019 - 31 Dec 201912 Feb 20206029%22%50%11%
01 Jan 2019 - 30 Jun 201909 Jul 20195931%21%48%12%
01 Jul 2018 - 31 Dec 201831 Jan 20195234%31%35%17%
01 Jan 2018 - 30 Jun 201827 Jul 20184637%31%32%20%

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

Payment terms above are End of Month payable on the 5th of the following month

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

150

Dispute Resolution Process

All suppliers are referred to the Henkel Supplier Portal (ticketing system). Each supplier has full access to their account. If there is a query, the supplier raises a ticket. The Henkel Finance department responds to the ticket within 5 days.

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

Henkel Limited is a multinational company that specializes in the production of innovative and sustainable chemical and consumer goods. The company was founded in 1876 and has its headquarters in Düsseldorf, Germany. Henkel Limited operates in three main business areas: Adhesive Technologies, Beauty Care, and Laundry & Home Care.

Henkel Limited is committed to sustainability and has implemented various programs and initiatives to reduce its environmental impact. These include reducing greenhouse gas emissions, conserving resources, and promoting sustainable packaging solutions. The company also works closely with suppliers and customers to ensure sustainable practices throughout the value chain.

In terms of products and services, Henkel Limited offers a wide range of adhesive solutions for different industries such as automotive, electronics, and packaging. Their Beauty Care division produces hair care, body care, and skin care products under well-known brands like Schwarzkopf, Dial, and Fa. The Laundry & Home Care division offers laundry detergents, household cleaners, and fabric care products under brands like Persil and Purex.

The key people at Henkel Limited include Carsten Knobel as the CEO, Sylvie Nicol as the Executive Vice President of Human Resources and Infrastructure Services, and Marco Swoboda as the Executive Vice President of Finance.

Contact information for Henkel Limited includes their website address: www.henkel.com, and their registered office address: Henkel Limited, 2 Bishop Square, Hatfield Business Park, Hatfield, Hertfordshire, AL10 9EY, United Kingdom. Overall, Henkel Limited is a leading company known for its sustainability efforts and high-quality products in various industries.

Financial Metrics

Cash
£3,260,000
Net Worth
£93,869,000
Total Current Assets
£98,977,000
Total Current Liabilities
£70,633,000

Company Location