TYCO ELECTRONICS UK LTD

PaymentCheck Score 2025
47Poor
1.2vs last year
#3744 in UK
#185 in South West

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

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

Average Time to Pay
60 days
Shortest Period:15 days
Longest Period:90 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
23%
31-60 Days
60%
After 60 Days
17%
Not Paid Within Terms11%

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: 2025-04-07
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2024 - 31 Mar 202507 Apr 20256023%60%17%11%
01 Oct 2023 - 31 Mar 202416 Apr 20246022%57%21%13%
01 Apr 2023 - 30 Sept 202320 Oct 20235921%57%22%13%
01 Apr 2022 - 30 Sept 202226 Oct 20226320%61%19%13%
01 Oct 2021 - 31 Mar 202220 Apr 20225724%42%34%13%
01 Apr 2021 - 30 Sept 202122 Oct 20215917%32%51%14%
01 Oct 2020 - 31 Mar 202126 Apr 20215720%31%49%11%
01 Apr 2019 - 30 Sept 201930 Oct 20195324%33%43%11%
01 Apr 2018 - 30 Sept 201830 Oct 20185325%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.

Financial Metrics

Cash
£28,000
Net Worth
£305,174,000
Total Current Assets
£343,357,000
Total Current Liabilities
£42,003,000

Company Location