FLAKT WOODS LIMITED
Company Information
- Company Number
- 00233771
- Registered Address
- Axial Way, Cuckoo Farm Business, Park, Colchester, Essex, CO4 5ZD
- Status
- Active
- Employee Count
- 238
- Turnover
- £44,859,000
- EBITDA
- £1,614,000
Additional Details
- Website
- https://flaktgroup.com
- Company Type
- Private limited Company
- Incorporated On
- 3 October 1928
- Nature of Business
- 25620 - Machining28250 - Manufacture of non-domestic cooling and ventilation equipment
- Industries
- Manufacturing
- Region
- East of England
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 Jan 2019 - 30 Jun 2019 | 09 Oct 2019 | 72 | 10% | 15% | 75% | 87% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 78 | 3% | 15% | 83% | 92% |
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
standard payment terms are listed in in the company terms and conditions as 60 days end of month. These terms can sometimes be negotiated according to the supplier,customer relationship
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
81
Dispute Resolution Process
Dispute resolution is accomplished via the accounts department or directly with sourcing.
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.
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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.
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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
FLAKT WOODS LIMITED is a global company that provides sustainable solutions for air technology and climate control. They offer a range of products and services that aim to reduce energy consumption and promote environmental sustainability.
Their sustainability program focuses on reducing their carbon footprint, promoting energy efficiency, and using sustainable materials in their products. They also prioritize waste reduction and responsible sourcing in their operations.
The company's products include energy-efficient fans, ventilation systems, and air handling units for various industries such as commercial buildings, hospitals, and data centers. They also offer services such as design, installation, and maintenance of their products.
The key people in FLAKT WOODS LIMITED include the CEO, Jukka-Pekka Kovanen, and the CFO, Peter Rehnström. They have a team of experts who are dedicated to providing innovative and sustainable solutions to their customers.
For more information, customers can visit their website at www.flaktwoods.com. Their registered office address is at Unit 8, Southwell Road West, Mansfield, Nottinghamshire, NG18 4TR, United Kingdom. FLAKT WOODS LIMITED is committed to creating a sustainable future for all through their products and services.
