Score of 82.1/100 qualifies for PaymentCheck Certification
| 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 2025 - 30 Jun 2025 | 30 Jul 2025 | 24 | 76% | 21% | 3% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 22 | 85% | 13% | 2% | 16% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 21 | 89% | 9% | 2% | 16% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 21 | 88% | 9% | 3% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 31 | 88% | 9% | 3% | 16% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 22 | 87% | 10% | 3% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 22 | 86% | 12% | 2% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 26 | 83% | 12% | 5% | 14% |
| 01 Jan 2021 - 30 Jun 2021 | 25 Jul 2024 | 23 | 83% | 14% | 3% | 20% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 24 | 80% | 13% | 7% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 26 | 79% | 15% | 6% | 21% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 21 | 89% | 8% | 3% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 18 | 85% | 12% | 3% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 16 | 89% | 10% | 1% | 17% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless otherwise agreed in advance with suppliers, standard payment terms are set at 30 days of receipt of a valid invoice We would however look to reduce these to a minimum of 7 days to support our smaller independent suppliers Supplier credit notes are utilised in line with their individual terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We have annual billing paid by DD on a monthly basis re: Councils and Business Rates, Car Charges etc.
Maximum contractual payment period agreed
60
Every case is considered on an individual basis Evidence is collected from both parties to support / query the charge Communication is upheld with Supplier with regards to query with emphasis on resolving Disputes for Le Creuset UK suppliers can be raised by emailing Finance.uk@lecreuset.com
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.
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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.
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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
LE CREUSET U.K. LIMITED is a company that specializes in high-quality cookware and kitchen accessories. Their products are known for their durability, functionality, and vibrant colors.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They use responsibly-sourced materials and have reduced their carbon footprint through energy-efficient production methods. They also have a recycling program for their products.
LE CREUSET U.K. LIMITED offers a wide range of products, including cast iron cookware, stoneware, bakeware, and kitchen tools. Their products are designed to last a lifetime and are suitable for all cooking methods, including induction.
The key people at LE CREUSET U.K. LIMITED include the managing director, marketing director, and finance director. They are dedicated to providing high-quality products and excellent customer service.
Customers can contact LE CREUSET U.K. LIMITED through their website, where they can find information about their products, sustainability efforts, and recipes. Their registered office address is in Andover, Hampshire.
In summary, LE CREUSET U.K. LIMITED is a reputable company that offers sustainable and durable cookware and kitchen accessories. With their commitment to sustainability and high-quality products, they have established themselves as a leader in the industry.
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