TELEDYNE UK LIMITED

Company Information

Company Number
00432014
Registered Address
106 Waterhouse Lane, Chelmsford, Essex, CM1 2QU
Status
Active
Employee Count
1454.0
Turnover
230830000.0
EBITDA
50106000.0

Additional Details

Company Type
Private limited Company
Incorporated On
28 March 1947
Nature of Business
26110 - Manufacture of electronic components
Industries
0
Region
East of England

Company Location

Loading map...

Financial Metrics

Cash
£16,772,000.00
Net Worth
£115,100,000.00
Total Current Assets
£116,846,000.00
Total Current Liabilities
£81,577,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

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

Payment Timeline

Within 30 Days
36%
31-60 Days
32%
After 60 Days
32%
Not Paid Within Terms82%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Time Trends

Payment Distribution Trends

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20244436%32%32%82%
01 Jan 2023 - 30 Jun 202321 Jul 20234633%33%34%85%
01 Jul 2022 - 31 Dec 202231 Jan 20234140%32%28%91%
01 Jan 2022 - 30 Jun 202202 Aug 20224241%34%25%81%
01 Jul 2021 - 31 Dec 202127 Jan 20224342%31%27%73%
01 Jan 2021 - 30 Jun 202128 Jul 20215226%38%36%59%
01 Jul 2020 - 31 Dec 202029 Jan 2021575%32%63%39%
01 Jan 2020 - 30 Jun 202030 Jul 2020584%31%65%33%
01 Jul 2019 - 29 Dec 201931 Jan 2020614%31%65%49%
01 Jan 2019 - 30 Jun 201930 Jul 2019565%34%61%43%
01 Jan 2018 - 30 Jun 201818 Jul 2018508%42%50%53%

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

Company Review

Trend Analysis

The average time for TELEDYNE UK LIMITED to pay invoices has fluctuated over the past three periods, with a decrease in the most recent period. The percentage of invoices paid within 30 days has also fluctuated, but has seen an increase in the most recent period. The percentage of invoices paid later than 60 days has consistently decreased over the past three periods.

Volatility Analysis

The volatility of TELEDYNE UK LIMITED's average time to pay invoices has decreased over the past three periods, with a slight increase in the most recent period. The volatility of the percentage of invoices paid within 30 days has also decreased over the past three periods, with a slight increase in the most recent period. The volatility of the percentage of invoices paid later than 60 days has consistently decreased over the past three periods.

Summary Analysis

TELEDYNE UK LIMITED has shown improvements in their payment performance over the past three periods. The average time to pay has decreased, and the percentage of invoices paid within 30 days has increased. However, there is still room for improvement as a significant percentage of invoices are being paid later than 60 days. The company's volatility in payment performance has also decreased, indicating more consistent payment practices.

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?

No

Any other information about payment terms

N/A

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