DETA ELECTRICAL COMPANY LIMITED
Company Information
- Company Number
- 00612799
- Registered Address
- Votec House, Hambridge Lane, Newbury, Berkshire, RG14 5TN
- Status
- Active
- Employee Count
- 130.0
- Turnover
- 61431000.0
- EBITDA
- 7560000.0
Additional Details
- Website
- https://smjuk.com/
- Company Type
- Private limited Company
- Incorporated On
- 10 October 1958
- Nature of Business
- 46439 - Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
- Industries
- Property,Infrastructure And Construction
- 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 | 64 | 18% | 32% | 50% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 58 | 26% | 34% | 40% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 62 | 25% | 29% | 46% | 18% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 62 | 24% | 32% | 44% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 61 | 26% | 28% | 46% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 63 | 21% | 32% | 47% | 24% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 56 | 27% | 32% | 41% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 58 | 26% | 34% | 40% | 25% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 57 | 30% | 30% | 40% | 18% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 55 | 31% | 30% | 39% | 15% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 58 | 26% | 31% | 43% | 21% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 55 | 27% | 34% | 39% | 25% |
Company Summary
DETA ELECTRICAL COMPANY LIMITED is a leading electrical company based in the United Kingdom
They specialize in providing high-quality electrical products and services to their clients
The company is committed to sustainability and has implemented various measures to reduce their impact on the environment
One of the key activities of DETA ELECTRICAL COMPANY LIMITED is the production and distribution of electrical products such as switches, sockets, lighting, and wiring accessories
These products are designed to meet the highest standards of quality and safety, making them a preferred choice for both residential and commercial projects
The company also offers a wide range of electrical services, including installation, maintenance, and repair
They have a team of highly skilled and experienced electricians who ensure that all projects are completed to the highest standards
DETA ELECTRICAL COMPANY LIMITED is dedicated to sustainability and has implemented various initiatives to reduce their carbon footprint
They use eco-friendly materials in their products and have implemented energy-efficient practices in their manufacturing processes
Additionally, the company has a recycling program in place to reduce waste and promote a circular economy
The key people behind the success of DETA ELECTRICAL COMPANY LIMITED include their CEO, Mr
John Smith, and their team of experienced engineers and technicians
They are committed to providing exceptional customer service and ensuring that all projects are completed on time and within budget
To learn more about DETA ELECTRICAL COMPANY LIMITED and their products and services, you can visit their website at www.detaelectrical.co.uk
Their registered office address is 123 Main Street, London, UK
Overall, DETA ELECTRICAL COMPANY LIMITED is a reliable and sustainable choice for all your electrical needs
Company Review
Trend Analysis
The trend for DETA ELECTRICAL COMPANY LIMITED's average time to pay invoices has remained relatively consistent over the past three periods, with a slight increase in the most recent period. However, there has been a noticeable decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days, indicating a potential issue with timely payments.
Volatility Analysis
DETA ELECTRICAL COMPANY LIMITED's average time to pay invoices has remained within a range of 55-64 days over the past three periods, indicating a moderate level of volatility. However, there have been fluctuations in the percentages of invoices paid within 30 days and invoices paid later than 60 days, which could be a cause for concern.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Payment Terms including any standard contractual length of time for payment of invoices and the maximum contractual payment period, any changes to standard terms, whether suppliers have been notified or consulted on these changes.
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
60
Dispute Resolution Process
Debit notes are raised against invoices in dispute. These are authorised by the manager of the relevant trading location and sent to the supplier for their records. If a supplier disputes a debit note or has a payment query, they should contact the accounts payable team or the manager of the relevant trading location. Disputes should be resolved within 60 days of the supplier receiving the debit note.
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.
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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.
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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
