| 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 2023 - 31 Mar 2024 | 15 Apr 2024 | 63 | 20% | 27% | 53% | 63% |
| 01 Apr 2023 - 30 Sept 2023 | 13 Oct 2023 | 63 | 18% | 27% | 55% | 64% |
| 01 Apr 2022 - 30 Sept 2022 | 24 Oct 2022 | 61 | 19% | 27% | 54% | 59% |
| 01 Apr 2021 - 30 Sept 2021 | 19 Oct 2021 | 59 | 17% | 30% | 53% | 58% |
| 01 Oct 2020 - 31 Mar 2021 | 14 Apr 2021 | 66 | 16% | 22% | 62% | 69% |
| 01 Apr 2019 - 30 Sept 2019 | 04 Oct 2019 | 66 | 14% | 25% | 62% | 88% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The payments shall be made within 60 days within receipt of invoice, or the later of receipt of goods
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
90
Supplier disputes are dealt with immediately and outstanding payments resolved.
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
TDK-Lambda UK Limited is a leading manufacturer of power supplies and electronic components, with a strong commitment to sustainability. The company's headquarters are based in Ilfracombe, Devon and it operates globally as part of the TDK Corporation.
The company offers a wide range of products and services, including AC-DC power supplies, DC-DC converters, EMC filters, and custom solutions for various industries such as healthcare, transportation, and renewable energy. TDK-Lambda UK Limited is known for its high-quality, reliable, and energy-efficient products that meet the strictest international standards.
In terms of sustainability, the company has implemented various initiatives to reduce its environmental impact, such as using renewable energy sources, reducing waste and emissions, and promoting recycling. TDK-Lambda UK Limited also works closely with its suppliers to ensure ethical and sustainable practices throughout its supply chain.
The key people at TDK-Lambda UK Limited include the Managing Director, Mr. Paul Goodwin, and the Director of Operations, Mr. Mark Gudgeon. Together, they lead a team of highly skilled engineers and professionals to provide innovative solutions and excellent customer service.
For more information about TDK-Lambda UK Limited and its products and services, you can visit their website at www.uk.tdk-lambda.com. The company's registered office address is TDK-Lambda UK Limited, Knaves Beech Business Centre, Loudwater, High Wycombe, Buckinghamshire, HP10 9QR.