CUMMINS LTD.
Company Information
- Company Number
- 00573951
- Registered Address
- 3rd Floor 10 Eastbourne Terrace, Paddington, London, England, W2 6LG
- Status
- Active
- Employee Count
- 4,820
- Turnover
- £2,665,199,000
- EBITDA
- £375,272,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 7 November 1956
- Nature of Business
- 28110 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
- Industries
- Manufacturing, Road Travel
- Region
- London
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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 66 | 15% | 36% | 49% | 42% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 65 | 16% | 38% | 46% | 42% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 67 | 15% | 38% | 47% | 46% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 58 | 21% | 44% | 35% | 38% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Jul 2023 | 57 | 23% | 42% | 35% | 36% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 55 | 25% | 45% | 30% | 39% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 51 | 25% | 50% | 25% | 45% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 48 | 23% | 64% | 13% | 44% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 48 | 23% | 65% | 12% | 43% |
| 01 Jul 2018 - 31 Dec 2018 | 28 Jan 2019 | 47 | 24% | 62% | 13% | 45% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 46 | 24% | 62% | 13% | 51% |
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
Global standard payment terms are 120 days, except where differing regional norms or government requirements exist. Intercompany suppliers have 60 day payment term.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
120
Dispute Resolution Process
Cummins is committed to working with our suppliers to help achieve on time, accurate payments. Any disputes will be dealt with first by the appropriate sourcing manager and, upon escalation, the Accounts Payable Department in Cummins Business Services located in the UK. The Accounts Payable team can be contacted Monday to Friday by email or phone. Further contact information and guidance on submission of invoices can be found on supplier.cummins.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.
❌
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
Cummins Ltd. is a leading global manufacturer of diesel engines, generators, and related components. The company was founded in 1919 and has a strong presence in the UK with its registered office located in Darlington.
Sustainability is a key focus for Cummins Ltd., with a commitment to reducing its environmental impact and promoting sustainable practices. The company has implemented various initiatives to achieve this, including reducing its carbon footprint, promoting energy efficiency, and incorporating renewable energy sources in its operations.
Cummins Ltd. offers a wide range of products and services, including diesel and natural gas engines, power generation systems, filtration systems, and emission solutions. These products and services are used in a variety of industries, including automotive, marine, and construction.
The company's sustainability program extends to its products and services as well. Cummins Ltd. has developed innovative technologies such as hybrid power systems and clean diesel engines to reduce emissions and improve fuel efficiency. Additionally, the company offers remanufactured products, promoting a circular economy and reducing waste.
Key people at Cummins Ltd. include Chairman and CEO, Tom Linebarger, and President of Europe, Middle East, and Africa, Tony Satterthwaite. The company has a dedicated sustainability team that oversees the implementation of sustainable practices and initiatives.
For more information on Cummins Ltd.'s products, services, and sustainability efforts, visit their website at www.cummins.com. The registered office address for the company is Cummins Ltd., Yarm Road, Darlington, DL1 4PW, United Kingdom.
