TYCO ELECTRONICS UK LTD
Company Information
- Company Number
- 00550926
- Registered Address
- Company Secretariat, Faraday Road, Dorcan, Swindon, SN3 5HH
- Status
- Active
- Employee Count
- 1,196
- Turnover
- £206,411,000
- EBITDA
- £46,456,000
Additional Details
- Website
- https://te.com
- Company Type
- Private limited Company
- Incorporated On
- 21 June 1955
- Nature of Business
- 26110 - Manufacture of electronic components
- Industries
- Hardware, Raw Materials And Intermediate Goods
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Oct 2024 - 31 Mar 2025 | 07 Apr 2025 | 60 | 23% | 60% | 17% | 11% |
| 01 Oct 2023 - 31 Mar 2024 | 16 Apr 2024 | 60 | 22% | 57% | 21% | 13% |
| 01 Apr 2023 - 30 Sept 2023 | 20 Oct 2023 | 59 | 21% | 57% | 22% | 13% |
| 01 Apr 2022 - 30 Sept 2022 | 26 Oct 2022 | 63 | 20% | 61% | 19% | 13% |
| 01 Oct 2021 - 31 Mar 2022 | 20 Apr 2022 | 57 | 24% | 42% | 34% | 13% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 59 | 17% | 32% | 51% | 14% |
| 01 Oct 2020 - 31 Mar 2021 | 26 Apr 2021 | 57 | 20% | 31% | 49% | 11% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 53 | 24% | 33% | 43% | 11% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 53 | 25% | 32% | 43% | 13% |
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
Net 90 days preferred with supplier agreement
Were there any changes to the standard payment terms in the reporting period?
Net 90 days preferred with supplier agreement and supply chain finance available, as well as efforts to normalize same payment terms with the same suppliers
Any other information about payment terms
N/A
Maximum contractual payment period agreed
120
Dispute Resolution Process
TE's local purchasing team may resolve payment terms questions but our supplier contracts may contain other formal dispute resolution provisions, such as for resolving supplier quality issues
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
TYCO ELECTRONICS UK LTD is a leading global provider of engineered electronic components, network solutions, and undersea telecommunications systems. They have a strong focus on sustainability, with a sustainability program in place to reduce their environmental impact and promote ethical business practices.
The company offers a wide range of products and services, including connectors, sensors, relays, switches, cables, and communications systems. These products are used in various industries such as automotive, aerospace, defense, energy, healthcare, and consumer electronics.
Some key people at TYCO ELECTRONICS UK LTD include their CEO, John G. Bostock, and their Vice President of Sustainability and Corporate Social Responsibility, Tom Lynch. They also have a team of experts dedicated to sustainability and environmental management.
The company's sustainability program focuses on areas such as energy efficiency, waste reduction, responsible sourcing, and community engagement. They have set ambitious targets to reduce their carbon emissions, waste generation, and water consumption. They also prioritize ethical sourcing practices, ensuring that their suppliers adhere to their code of conduct.
TYCO ELECTRONICS UK LTD has a well-established website (www.te.com) where customers can find detailed information about their products and services, as well as their sustainability program. Their registered office address is located in Swindon, UK.
In summary, TYCO ELECTRONICS UK LTD is a leading provider of electronic components and solutions with a strong commitment to sustainability. They offer a wide range of products and services and have a dedicated team working towards reducing their environmental impact and promoting ethical business practices. Their website and registered office address are easily accessible for any inquiries.