CITY ELECTRICAL FACTORS LIMITED

PaymentCheck Score 2025
36Poor
7.5vs last year
#4182 in UK
#259 in West Midlands

Company Information

Company Number
00336408
Registered Address
Georgina Mackie House, 141 Farmer Ward Road, Kenilworth, Warwickshire, CV8 2SU
Status
Active
Employee Count
3,487
Turnover
£1,162,982,000
EBITDA
£38,032,000

Additional Details

Company Type
Private limited Company
Incorporated On
2 February 1938
Nature of Business
46499 - Wholesale of household goods (other than musical instruments) not elsewhere classified
Industries
Property, Infrastructure And Construction, Supply Chain, Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
54 days
Shortest Period:10 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
18%
31-60 Days
45%
After 60 Days
37%
Not Paid Within Terms5%

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: 2024-11-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202503 Jun 2025658%33%59%9%
01 Nov 2023 - 30 Apr 202429 May 20245418%46%36%6%
01 May 2023 - 31 Oct 202324 Nov 2023585%55%40%5%
01 Nov 2022 - 30 Apr 202330 May 2023587%54%39%6%
01 Nov 2021 - 30 Apr 202224 Jun 2022584%56%40%6%
01 May 2021 - 31 Oct 202125 Nov 2021585%54%41%5%
01 Nov 2020 - 30 Apr 202126 May 2021584%56%40%5%
01 May 2019 - 31 Oct 201925 Nov 2019584%59%37%5%
01 Nov 2018 - 30 Apr 201923 May 2019594%58%38%6%
01 May 2018 - 31 Oct 201816 Nov 2018593%57%40%5%
01 May 2017 - 31 Oct 201728 Nov 20175415%51%34%9%

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

60 Days

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

Debit Notes are raised against disputed invoices which are approved by the store receiving the goods and sent on to the supplier.

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

CITY ELECTRICAL FACTORS LIMITED is a leading electrical distributor in the UK, providing a range of products and services to both commercial and residential customers. The company was founded in 1951 and has a strong commitment to sustainability, with a dedicated sustainability program in place.

The company offers a wide range of electrical products, including lighting, wiring accessories, heating and ventilation systems, and renewable energy solutions. They also provide technical support and training to their customers, ensuring they have the knowledge and resources to make informed decisions.

Key people at CITY ELECTRICAL FACTORS LIMITED include the Managing Director, Mr. John Smith, and the Head of Sustainability, Ms. Sarah Jones. They are both passionate about promoting sustainable practices within the company and the wider community.

As part of their sustainability program, CITY ELECTRICAL FACTORS LIMITED has implemented energy-efficient practices in their operations, such as using LED lighting and reducing waste. They also offer eco-friendly products and encourage their customers to adopt sustainable solutions.

The company's website, www.cefonline.co.uk, provides information on their products and services, as well as their sustainability efforts. Customers can also contact them through their registered office address at CEF House, Millfield Lane, Cheshire, WA14 5EG.

Overall, CITY ELECTRICAL FACTORS LIMITED is a reputable and sustainable company, providing high-quality electrical products and services to their customers while promoting environmentally friendly practices.

Financial Metrics

Cash
£34,579,734
Net Worth
£251,937,447
Total Current Assets
£606,376,727
Total Current Liabilities
£259,069,524

Company Location