TELEDYNE UK LIMITED

PaymentCheck Score 2024
42Poor
1.6vs last year
#4772 in UK
#342 in East of England

Company Information

Company Number
00432014
Registered Address
106 Waterhouse Lane, Chelmsford, Essex, CM1 2QU
Status
Active
Employee Count
1,409
Turnover
£271,899,000
EBITDA
£74,276,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 March 1947
Nature of Business
26110 - Manufacture of electronic components
Industries
Hardware
Region
East of England

Time to Pay

Average Time to Pay
47 days
Shortest Period:0 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
29%
31-60 Days
39%
After 60 Days
32%
Not Paid Within Terms70%

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: 2025-01-30
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 202430 Jan 20254729%39%32%70%
01 Jul 2023 - 31 Dec 202331 Jan 20244436%32%32%82%
01 Jan 2022 - 30 Jun 202202 Aug 20224241%34%25%81%
01 Jan 2021 - 30 Jun 202128 Jul 20215226%38%36%59%
01 Jan 2020 - 30 Jun 202030 Jul 2020584%31%65%33%
01 Jan 2019 - 30 Jun 201930 Jul 2019565%34%61%43%

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

The standard contractual payment terms are Net 2 monthly.

Were there any changes to the standard payment terms in the reporting period?

Majority of suppliers now on the standard payment term of Net 2 monthly, all were consulted prior to change.

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

90

Dispute Resolution Process

Any dispute or complaint by suppliers regarding payments should be directed in the first instance to the Accounts Payable mailbox; all queries will be directed to the named individual responsible for the expenditure. If their contact is unable to resolve the issue they should escalate to the Shared Services Finance Manager.

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

TELEDYNE UK LIMITED is a leading technology company that specializes in providing advanced solutions for the aerospace, defense, and industrial markets. With over 60 years of experience, the company has established itself as a global leader in innovation and sustainability.

Their sustainability program focuses on reducing their environmental impact and promoting sustainable practices throughout their operations. This includes initiatives such as reducing carbon emissions, utilizing renewable energy sources, and implementing waste reduction strategies. They also prioritize the use of environmentally friendly materials in their products.

TELEDYNE UK LIMITED offers a wide range of products and services, including electronic components, sensors, communication systems, and advanced manufacturing services. They have a strong focus on research and development, constantly striving to innovate and improve their offerings.

The company is led by a team of experienced and dedicated professionals, including CEO Al Pichelli and CFO Sue Mainwaring. They are committed to driving the company towards success while maintaining their strong values of integrity, responsibility, and sustainability.

Customers can contact TELEDYNE UK LIMITED through their website, which provides information on their products, services, and sustainability initiatives. The company's registered office address is located at Fleming Way, Crawley, West Sussex, RH10 9YU, United Kingdom.

In summary, TELEDYNE UK LIMITED is a leading technology company that places a strong emphasis on sustainability and innovation. With their advanced solutions and commitment to responsible practices, they are paving the way for a more sustainable future in the aerospace, defense, and industrial markets.

Financial Metrics

Cash
£16,772,000
Net Worth
£115,100,000
Total Current Assets
£116,846,000
Total Current Liabilities
£81,577,000

Company Location