LE CREUSET UK LIMITED
Company Information
- Company Number
- 00457936
- Registered Address
- Le Creuset House 83/84 Livingstone Road, Walworth Industrial Estate, Andover, England, SP10 5QZ
- Status
- Active
- Employee Count
- 292.0
- Turnover
- 47979000.0
- EBITDA
- 4246000.0
Additional Details
- Website
- https://www.lecreuset.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 17 August 1948
- Nature of Business
- 46499 - Wholesale of household goods (other than musical instruments) not elsewhere classified$47789 - Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
- Industries
- 0
- Region
- South East
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 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 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 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 24 | 83% | 13% | 4% | 18% |
| 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% |
Company Summary
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
Company Review
Trend Analysis
The average time to pay for LE CREUSET U.K. LIMITED has been increasing steadily over the past three periods. It started at 16 days in the first period and has now reached 31 days in the most recent period.
Volatility Analysis
The data for LE CREUSET U.K. LIMITED shows low volatility in terms of the average time to pay, with a steady increase over the past three periods.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
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
Any other information about payment terms
N/A
Maximum contractual payment period agreed
365
Dispute Resolution Process
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
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.
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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
